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Anthony Dang

anthonydang@simplihom.com +1(509) 460-0410

Listed by eXp Realty, LLC • 310-422-6044

$ 3,500,000

Est. payment -/mo

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Active

8212 N DENVER AVE Portland, OR 97217

14,100 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,100 sqft

Price per Sqft $248

MLS Listing ID 690465882

Year Built 1911

Annual Tax Amount $16,971

Tax Year 2024

Lot Size 5,227 Sqft

Property Sub-Type Commercial

Property Description

A rare mixed-use investment in Kenton's walkable commercial district, 8212 N Denver Ave offers 14,100 sq ft, 11 residential units, and 3 street-facing retail spaces in a restored 1911 building extensively remodeled since 2018. Offered at $3,500,000 and a 6.66% cap rate, the property offers strong scheduled income after scheduled expenses. The main level features three retail spaces, currently home to a neighborhood restaurant, an established salon, and a local record shop, each on a triple net lease and individually metered for high visibility and steady foot traffic along N Denver Ave. Upstairs, the second floor includes 2 one-bedroom apartments with full bathrooms and kitchenettes, plus 9 thoughtfully designed micro units, including 1 double-sized unit. Residents enjoy a large shared kitchen and dining space, an enclosed grilling area with seating and a gas fire pit, a rear deck with elevated views, a washer and dryer closet, 2 powder rooms, and 2 dedicated shower rooms. A spacious, mostly open basement currently includes 3 secured storage units, with room for additional build-out. With a Walk Score of 84, a Bike Score of 97, nearby MAX Yellow Line service, and easy access to Interstate 5 and downtown Portland, 8212 N Denver Ave offers strong in-place income, flexibility, and long-term value for investors and owner-users.

Location

State OR

County Multnomah

Area _141

Zoning CM2

Interior

Heating Ductless

Exterior

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

ABOUT US

Our Story

From Humble Beginnings to a Nationwide Movement

At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

Our Mission: Making Real Estate Simple

We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

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+1(509) 460-0410

anthonydang@simplihom.com