Listing provided courtesy of Keller Williams Realty Southern Oregon- MLS# 220213260MLS Provider

1035 SE Tacoma StreetPortland, OR 97202

Commercial · 2,640 Sq. ft. | 0.11 Acres
$1,950,000 Active

1035 SE Tacoma Street Overview

Time on Site:
182 days
Visits:
5

Located in Sellwood on SE Tacoma Street, this exceptional commercial property is offered together with an established cannabis retail business, presenting a rare opportunity to acquire both income-producing real estate and a turnkey operation. The property currently benefits from multiple revenue streams, including the ground-floor dispensary and a successful on-site food cart tenant. The downstairs is licensed for wholesale use, with the current owner intending to relocate wholesale operations to the garage area, creating the potential to convert the upper level into a residential unit or additional income-producing space (buyer to verify). Strong street presence, excellent walkability, steady traffic, and proximity to popular Sellwood shops and restaurants support long-term demand. With existing operations, rental income, and future expansion or reconfiguration potential, this is a rare opportunity to secure a high-performing asset in one of Portland's most desirable neighborhoods.

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1035 SE Tacoma Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,640
  • Price/Sq.ft. $739
  • Lot 0.11 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1930
  • Year Established: 2017

Business Information

  • Number Of Full Time Employees: 6
  • Number Of Part Time Employees: 2

Location/Region

  • County Or Parish: Multnomah
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 8854.38
  • Tax Year: 2025

General Information

  • Inclusions: OLCC retail license #050-10237733790
  • Listing Terms: Cash
  • Parcel Number: 1S1E23CD1570001
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2640.0

General Information

  • Common Walls: No Common Walls
  • Flooring: Hardwood
  • Foundation Details: Block,Concrete Perimeter
  • Levels: Three Or More
  • Security Features: Security System Owned

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Additional Parcels: false
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block,Concrete,Frame
  • Roof: Asphalt

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

1035 SE Tacoma Street 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.

1035 SE Tacoma Street 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.

1035 SE Tacoma Street 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

1035 SE Tacoma Street History

Date Event Value Agent
12/30/2025Source: Oregon Datashare Added to Database
December 30, 2025