This Property is no longer advertised on Showcase.com.
Off Market
1/20

1621 NE 2nd Ave
Portland, OR 97232


HIGHLIGHTS

  • Outstanding car/streetcar/bus/bike/pedestrian accessibility
  • Opportunity Zone brings potential tax advantages
  • Long-term tenants on short-term leases offer stability & flexibility
  • Free street parking across Broadway

OVERVIEW

This outstanding location is rich in transportation. Traffic count is 40,000+, with an additional 23,000+ on Weidler. There are east/west streetcar and bus stops on either side of the block, and I-5 (134,000 cars/day) is blocks away. With a Walk Score of 92 and a Bike Score of 100, this is a Walker’s and Biker’s Paradise. The convention Center, Moda Center, Lloyd Center, Pearl District, and Old Town are all within walking distance. Street parking is metered on Broadway and 2nd Avenue and is free and plentiful north of Broadway. There are three parking spaces on the lower level, and the entire floor could be opened up for additional parking.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

20000

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

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ZONING

-

APN/PARCEL ID

R182356