Listing provided courtesy of Keller Williams PDX Central- MLS# 252542195
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Request Info1016 SE 12TH AVEPortland, OR 97214
Commercial · 5,006 Sq. ft.$1,895,000
Active
1016 SE 12TH AVE Overview
- Time on Site:
- 413 days
- Visits:
- 17
$140,000 annual gross revenue.Step into a thriving, heart-centered wellness business located in the vibrant SE Buckman neighborhood of Portland. Awakenings Wellness Center offers a rare turnkey opportunity to own a fully operational, income-producing, holistic healing center with a deeply rooted presence in the local community since 2004. With 12 of the 13 private treatment suites already leased to long-term, licensed practitioners and a 900 SF yoga and event studio, this owner-operator or investor opportunity is prime - and ready for you. A rare amenity in SE Portland, the property includes FREE parking in a dedicated 38-space parking lot directly across from the property. This allows for ease of access by clients and tenants alike. Recent updates include exterior paint (2024), new deck (2024), sewer line and roof replaced (within 10 years). More than a physical space, Awakening's is a thriving business ecosystem with a professionally managed website that streamlines daily operations, offering minimal owner involvement.
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1016 SE 12TH AVE Facts & Features
- Type Commercial
- Sq. ft. 5,006
- Price/Sq.ft. $379
Details
General
Income/Expenses
- Existing Lease Type: 1 - 5 Years Remaining
- Gross Income: 140000.0
- Operating Expense: 40000.0
Building Information
- Year Built: 1901
Business Information
- Business Name: Awakenings
- Current Use: Office,Professional Service
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
Tax Information
- Tax Annual Amount: 12524.48
- Tax Year: 2024
General Information
- Inclusions: Building,Business
- Listing Terms: Cash,Contract,Conventional
- Parcel Number: R176938
- Property Sub Type: Commercial
- Property Type: Commercial Sale
- Zoning: CM2
Interior
Building Interior
- Building Area Total: 5006.0
General Information
- Heating: Forced Air
- Other Equipment: Fixtures
- Stories: 3
Exterior
Parking Information
- Parking Features: Off Street
- Parking Total: 38.0
Lot Information
- Number Of Buildings: 1
- Road Surface Type: Concrete
- Water Source: Public Water
Building Exterior/Construction
- Roof: Flat,Shingle
General Information
- Sewer: Public Sewer
1016 SE 12TH AVE Neighborhood
Community
97214 (Portland) Demographics
36
Median Age
9,926
Population Density (per sq. mile)
69%
College Educated
$74,871
Estimated Median Income
4,343
Estimated Total Home Owners
9,709
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.1016 SE 12TH AVE Monthly Cost
1016 SE 12TH AVE Market Data
Based on the last 30 days in this zip code
$703,130
Average List Price
$336
Average Price per Square Foot
22
Properties Sold
56
Average Days on Market
69
Properties for Sale
1016 SE 12TH AVE History
| Date | Value | Agent |
|---|---|---|
| 9/29/2025Source: Regional MLS | $1,895,000 -2.8% |
|
| 9/16/2025Source: Regional MLS | $1,950,000 -11.4% |
|
| 5/12/2025Source: Regional MLS | May 12, 2025 |