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Listing provided courtesy of Where, Inc- MLS# 24289687MLS Provider

646 N THOMPSON STPortland, OR 97227

Commercial · 5,500 Sq. ft. | 0.13 Acres
$950,000 Active

646 N THOMPSON ST Overview

Time on Site:
582 days
Visits:
9

The property has historically been operated as a manufacturing facility, the location and size is suitable for small contractors and makers looking for a new home in the heart of Portland. .PLEASE NOTE THAT INCOME AND EXPENSES ARE APPROXIMATE. TENANT IS A FAMILY FRIEND WHO HAS BEEN THERE FOR OVER 20 YEARS

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646 N THOMPSON ST Facts & Features

  • Type Commercial
  • Sq. ft. 5,500
  • Price/Sq.ft. $173
  • Lot 0.13 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Month To Month,None
  • Gross Income: 18000.0
  • Operating Expense: 6100.0

Building Information

  • Year Built: 1924

Business Information

  • Current Use: Industrial,Other

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North

Tax Information

  • Tax Annual Amount: 6092.22
  • Tax Year: 2024

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R102717
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: IG1

Interior

Building Interior

  • Building Area Total: 5500.0

General Information

  • Heating: Forced Air
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Site,On Street

Lot Information

  • Lot Size Acres: 0.13
  • Lot Size Area: 5546
  • Lot Size Square Feet: 5662.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Flat

General Information

  • Sewer: Public Sewer

646 N THOMPSON ST Neighborhood

Community

97227 (Portland) Demographics

34
Median Age
3,694
Population Density (per sq. mile)
72%
College Educated
$75,805
Estimated Median Income
871
Estimated Total Home Owners
2,279
Estimated Total Renters
28% / 72%
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.

646 N THOMPSON 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.

646 N THOMPSON ST Market Data

Based on the last 30 days in this zip code

$685,992
Average List Price
$347
Average Price per Square Foot
1
Properties Sold
78
Average Days on Market
19
Properties for Sale
Calculations provided by Reliance Network

646 N THOMPSON ST History

Date Event Value Agent
3/27/2026Source: Regional MLS Price Reduction
$950,000 -9.5%
9/11/2025Source: Regional MLS Price Reduction
$1,050,000 -8.7%
5/6/2025Source: Regional MLS Price Reduction
$1,150,000 -11.5%
11/25/2024Source: Regional MLS Added to Database
November 25, 2024