2812 NE Alberta St - Freestanding FOR SALE


Portland, OR 97211- Concordia
$1,500,000 USD
503-318-1988
2812 NE Alberta St, Portland, OR for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

NEW


2812 NE Alberta St
Portland, OR 97211
Concordia


HIGHLIGHTS

  • heavy foot traffic day and evening in the very busy Alberta Arts District
  • CM2 zoning allows greater height if redeveloped: base height 45' ~4 stories, with bonuses up to 55' ~5 stories if projects meet certain requirements.

OVERVIEW

Buyer due diligence required. Contractors lockbox. Call the listing agent for the combo. The building contains miscellaneous items stored everywhere and an unfinished floor. Please use caution! Seller to do no repairs. Any remaining items in the building are included at no value. Please use Align Showing for showings. Prime Alberta Arts District Commercial Opportunity. Rare chance to acquire a large commercial property in one of Portland’s most vibrant corridors. The open-span shell features 20-foot ceilings and a 90' x 41' footprint, offering flexibility for a variety of uses. Potential highest and best use includes mixed-use development with residential units above retail, office, or food-and-beverage uses, including brewery or restaurant concepts. The corner lot provides 116 feet of frontage on Alberta Street, ensuring excellent visibility and strong foot traffic. CM2 zoning and limited nearby inventory further enhance the property’s long-term value in a submarket with consistently low retail vacancy and strong investor demand.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

ne 28th ave

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

CM2

APN/PARCEL ID

R155475

ASK ABOUT THIS PROPERTY

Dennis KvizUNIQUE REALTMore Info
503-318-1988

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Dennis KvizUNIQUE REALTMore Info
503-318-1988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.