A unique opportunity awaits as the seller, a licensed Oregon real estate broker, introduces this gem to owner-users. Situated perfectly between NE Broadway St. and NE Weidler St., this property is at the pulse of Portland’s dynamic Lloyd District. A mere stone's throw from the Moda Center—proud home of the Trail Blazers—and surrounded by a lively mix of shopping, dining, and entertainment venues, this location is truly unmatched.
Ease of movement is a hallmark of this listing. Boasting a commendable Walk Score of 91 and a near-perfect Bike Score of 97, the city is yours to explore without the need for personal transport. The property's close proximity to an array of public transportation options—including the MAX Light Rail and streetcar lines—makes commuting to downtown Portland a breeze. Plus, its close connection to I-5 ensures streamlined travels in all directions.
Positioned in a high-traffic zone, the property has incredible visibility. Beyond the appeal of the building itself, the property is a revenue-generator, pulling in an estimated $40,500 annually from billboard leasing and event parking. New owners can relish in the dual opportunity to utilize the entire building space while benefitting from its current income streams.
Additional highlights include:
- A prime signage spot at the junction of the I-5 North exit ramp and NE Weidler St., experiencing a daily traffic flow of approximately 34,000 vehicles.
- A spacious, secure, and gated parking lot, offering ample space.
- Direct and smooth access to both I-5 North and South.
- A perfectly placed billboard overlooking I-5, ensuring maximum visibility and engagement from passersby.
Don't miss out on this distinctive commercial property, representing both a strategic investment and an emblem of Portland's vibrant core.