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1621 NE 2nd Ave
Portland, OR 97232
Retail Property For Sale

INVESTMENT HIGHLIGHTS

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

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
20,000 SF
Building Class
C
Year Built
1927
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.23 AC
Zoning
CXD
Parking
2 Spaces (0.1 Spaces per 1,000 SF Leased)
Frontage
101’ on NE 2nd Ave

AMENITIES

  • Bus Line
  • Metro/Subway
  • Signage

ABOUT 1621 NE 2ND AVE , PORTLAND, OR 97232

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R182356
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$441,760
  • Listing ID: 18985370

  • Date on Market: 3/25/2020

  • Last Updated:

  • Address: 1621 NE 2nd Ave, Portland, OR 97232

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