Iraida B. Hermann, MBA

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Listing provided courtesy of Oregon First- MLS# 328806098MLS Provider

8827 SE DIVISION STPortland, OR 97266

Commercial · 3,900 Sq. ft. | 0.21 Acres
$1,200,000 Active

8827 SE DIVISION ST Overview

Time on Site:
317 days
Visits:
94

Great investment in the Jade District! 3,900 SF free-standing commercial building featuring fencing, an office, and a bathroom sits in a huge 0.21-acre corner lot at SE 89th Ave and Division. Recent upgrades include a 600-amp electrical system with 3-phase panels, new plumbing, and a 2020 roof. CM1 - Commercial Mixed Use 1 zoning allows office, retail, light industrial, multifamily, and residential uses. Highly desirable walkable location to college, restaurants, shops, and major retail. Seller financing available!

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8827 SE DIVISION ST Facts & Features

  • Type Commercial
  • Sq. ft. 3,900
  • Price/Sq.ft. $308
  • Lot 0.21 Acres

Details

General

Income/Expenses

  • Gross Income: 1.0
  • Operating Expense: 1.0

Building Information

  • Year Built: 1949

Location/Region

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

Tax Information

  • Tax Annual Amount: 7061.04
  • Tax Year: 2024

General Information

  • Inclusions: Building
  • Listing Terms: Cash,Conventional,Rehab
  • Parcel Number: R202171
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CM1

Interior

Building Interior

  • Building Area Total: 3900.0

General Information

  • Heating: Other

Exterior

Parking Information

  • Parking Features: Off Street,On Site

Lot Information

  • Lot Size Acres: 0.21
  • Lot Size Square Feet: 9147.0
  • Road Surface Type: Concrete,Gravel
  • Water Source: Public Water

General Information

  • Sewer: Public Sewer

8827 SE DIVISION ST Neighborhood

Community

97266 (Portland) Demographics

37
Median Age
6,074
Population Density (per sq. mile)
34%
College Educated
$59,062
Estimated Median Income
7,421
Estimated Total Home Owners
6,018
Estimated Total Renters
55% / 45%
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.

8827 SE DIVISION ST 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.

8827 SE DIVISION ST Market Data

Based on the last 30 days in this zip code

$442,581
Average List Price
$273
Average Price per Square Foot
21
Properties Sold
93
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

8827 SE DIVISION ST History

Date Event Value Agent
5/4/2026Source: Regional MLS Price Reduction
$1,200,000 -4.0%
1/28/2026Source: Regional MLS Price Reduction
$1,250,000 -3.1%
9/21/2025Source: Regional MLS Price Reduction
$1,290,000 -11.0%
8/16/2025Source: Regional MLS Added to Database
August 16, 2025