Historic live-work bookstore wants $1.5M

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Location: Portland, Oregon

Price: $1,500,000

In an era when traffic is worsening throughout many urban areas, a live-work property is tempting. Take this quaint 3,900-square-foot triangle-shaped building in southeastern Portland, Oregon.

Constructed in 1926 in the flatiron style, the bright blue building was originally a neighborhood grocery store and has been operating for the past 30 years as an independent bookstore. The bookstore was owned and curated by Jon Hagen—earning the title of Bookstore of the Year by the Oregonian in 2016.

Photo by Matt Hammond of Birds Eye Imaging

Photo by Karen Swallow

The listing is located in Ladd’s Addition, the oldest planned community west of the Mississippi and a food-destination in Portland’s thriving restaurant scene. The property includes a three-bedroom apartment upstairs, a full-height basement, and a functional garage that was previously used as a chicken coop to supply the market with eggs.

Original features include large windows, fir wooden floors, high ceilings, and exposed wooden posts and beams. The upstairs apartment needs updating, but could function as a live-work space or a lucrative vacation rental.

If you want to live out your bookstore dreams in an up-and-coming neighborhood, 1401 Southeast Division Street is on the market now for $1,500,000.

Photo by Matt Hammond of Birds Eye Imaging

Photo by Matt Hammond of Birds Eye Imaging

Photo by Karen Swallow

Photo by Matt Hammond of Birds Eye Imaging

Photo by Matt Hammond of Birds Eye Imaging

Photo by Matt Hammond of Birds Eye Imaging

Courtesy of Nile Hagen