Listing courtesy of Keller Williams Realty Southern Oregon, agent Erik Von Eggers
Data last updated June 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,560,000 · $390,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projection