Listing provided courtesy of Networth Realty Of Portland- MLS# 545719805MLS ProviderContact Information: [email protected]

5538 SE 22ND AVEPortland, OR 97202

Commercial · 2,170 Sq. ft. | 0.09 Acres
$799,000 Active

5538 SE 22ND AVE Overview

Time on Site:
33 days
Visits:
4

Seller open to leasing the property back after closing at approximately $4,000/month for up to 6 months, offering potential flexibility and possible immediate income opportunity for Buyer. Leaseback terms, timing, and conditions to be negotiated separately and documented in writing.Located in the heart of the vibrant Sellwood-Moreland area, this fully renovated mixed-use commercial property offers flexibility for owner-users, investors, or creative professionals alike. The thoughtfully updated two-story space blends professional functionality with modern character in a highly accessible Southeast Portland location. Featuring 2,170 square feet, multiple private and open workspaces, 1 full bath and 1 half bath, the property may be well suited for office, studio, boutique commercial, or other uses permitted under the CE (Commercial Employment) zoning.Positioned just minutes from major highway access while still tucked within a residential neighborhood, the property offers convenient accessibility and a flexible layout for a variety of business needs. Additional features include 5 dedicated parking spaces plus street parking, visibility near McLoughlin Blvd, and updated interior finishes throughout. Originally built in 1963 and extensively renovated, this turnkey commercial opportunity is located in one of Southeast Portland's established commercial corridors.

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5538 SE 22ND AVE Facts & Features

  • Type Commercial
  • Sq. ft. 2,170
  • Price/Sq.ft. $368
  • Lot 0.09 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1963

Business Information

  • Current Use: Office

Location/Region

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

Tax Information

  • Tax Annual Amount: 4953.81
  • Tax Year: 2025

General Information

  • Inclusions: Building,Land
  • Listing Terms: Call Listing Agent,Cash,Lease Option
  • Parcel Number: R164458
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CE

Interior

Building Interior

  • Building Area Total: 2170.0

General Information

  • Cooling: Mini Split
  • Heating: Mini Split
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street,Paved
  • Parking Total: 5.0

Lot Information

  • Lot Size Square Feet: 3920.0
  • Number Of Buildings: 1
  • Water Source: Public Water

General Information

  • Sewer: Public Sewer

5538 SE 22ND AVE Neighborhood

Community

97202 (Portland) Demographics

37
Median Age
5,954
Population Density (per sq. mile)
66%
College Educated
$86,351
Estimated Median Income
9,199
Estimated Total Home Owners
8,995
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
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.

5538 SE 22ND AVE Monthly Cost

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* 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.

5538 SE 22ND AVE Market Data

Based on the last 30 days in this zip code

$731,346
Average List Price
$363
Average Price per Square Foot
38
Properties Sold
70
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

5538 SE 22ND AVE History

Date Event Value Agent
5/27/2026Source: Regional MLS Added to Database
May 27, 2026