4739 N Interstate Ave - Commercial LAND FOR SALE


Portland, OR 97217- Overlook22,651 SF
$4,500,000 USD
503-451-0745
4739 N Interstate Ave, Portland, OR for Sale
$4,500,000 USD
Commercial LAND - FOR SALE
1/1
22,651 SF

4739 N Interstate Ave
Portland, OR 97217
Overlook


HIGHLIGHTS

  • Site adjacent to MAX Light Rail Line
  • Inside of a DDA boundary
  • Existing pylon signage on N Interstate
  • Potential for additional off-market square footage if Buyer prefers
  • Easy access to I-5 (less than 1/4 mile to the on-ramp off N Going St)
  • Off-site connections on N Interstate Ave

OVERVIEW

Approx. 0.52 AC of prime, level commercial land on N Interstate Ave, one of the city's principal North-South arteries. The property is immediately adjacent to the MAX Yellow Line and 2.5 blocks from the nearest station. The MAX Line has resulted in significant growth along its route over the past decade. The property is also just 1/4 mile to I-5 and 1/3 mile to Mississippi Ave, a popular retail and entertainment destination. The property is currently operating as a motel, providing in-place income for a potential "covered land play" developer investment scenario.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/ACRE

$8,653,923/AC

PRICE/SF

$199 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Hotel, Restaurant, Schools, Storefront Retail/Office

LAND ACRES

0.52 AC

LAND SF

22,651 SF

OFFSITE IMPROVEMENTS

-

ZONING

CM3

APN/PARCEL ID

R257209

ASK ABOUT THIS PROPERTY

Cameron SchwabKW CommercialMore Info
503-451-0745

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Cameron SchwabKW CommercialMore Info
503-451-0745

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