Property Description

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 Portlands most desirable neighborhoods.