Listing provided courtesy of Jim Kunkel Realty- MLS# 359364244MLS Provider

12724 SE STARK ST #68&69 PPortland, OR 97233

Commercial · 1,550 Sq. ft.
$424,500 Active

12724 SE STARK ST #68&69 P Overview

Time on Site:
371 days
Visits:
11

Incredible opportunity to own your own commercial/professional office space! Much better in the long run than renting and you get to keep the appreciation gain and build equity! Recently remodeled top to bottom with new paint, new floor coverings and window blinds. This property is located in a office condominium complex with a well established and well run HOA that includes garbage, sewer, water, exterior maintenance (including roofing), grounds keeping and complex management. Ample parking surrounds this centrally located office. Current HOA dues are $695 per month. Space on the sign on Stark Street is $75 per month. This specific office space can be subdivided into 2 separate units (500 sq ft & 1,050 sq ft units) and can be owned and leased as separate office spaces (independent entrance doors and bathroom facilities). This is a very rare opportunity to own your own commercial business location at an affordable price. Hurry, opportunities like this are hard to find! Note: The business currently located at the site is not for sale as part of this transaction.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

12724 SE STARK ST #68&69 P Facts & Features

  • Type Commercial
  • Sq. ft. 1,550
  • Price/Sq.ft. $274

Details

General

Income/Expenses

  • Existing Lease Type: 1 - 5 Years Remaining,Modified Gross
  • Gross Income: 46345.0
  • Operating Expense: 21598.0

Building Information

  • Year Built: 1981

Business Information

  • Current Use: Medical/Dental,Office,Professional Service

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast

Rent/Lease Information

  • Lease Amount: 46345.0

Tax Information

  • Tax Annual Amount: 4534.49

General Information

  • Inclusions: Building
  • Listing Terms: Cash,Conventional
  • Parcel Number: R244630
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CM2

Interior

Building Interior

  • Building Area Total: 1550.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Stories: 1

Unit Information

  • Unit Number: 68&69 P

Exterior

Parking Information

  • Parking Features: On Site,Paved

Lot Information

  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Crawl Space,Wood Frame,Wood Siding
  • Roof: Fiberglass,Shingle

General Information

  • Sewer: Public Sewer

12724 SE STARK ST #68&69 P Neighborhood

Community

97233 (Portland) Demographics

34
Median Age
8,544
Population Density (per sq. mile)
24%
College Educated
$46,433
Estimated Median Income
6,636
Estimated Total Home Owners
7,021
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12724 SE STARK ST #68&69 P Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12724 SE STARK ST #68&69 P Market Data

Based on the last 30 days in this zip code

$357,073
Average List Price
$252
Average Price per Square Foot
21
Properties Sold
107
Average Days on Market
108
Properties for Sale
Calculations provided by Reliance Network

12724 SE STARK ST #68&69 P History

Date Event Value Agent
8/1/2025Source: Regional MLS Price Reduction
$424,500 -5.6%
6/23/2025Source: Regional MLS Added to Database
June 23, 2025