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2703 NE Alberta St 3,157 SF Retail Building Portland, OR 97211 $1,700,000 ($538.49/SF)
INVESTMENT HIGHLIGHTS
- Alberta Arts District
- Prominent Street Presence
- Separate Living Area
- CM2 Zoning - Multiple Uses Allowed
EXECUTIVE SUMMARY
Located in the heart of Portland’s vibrant and eclectic Alberta Arts District, this exceptional CM2-zoned property offers an incredible opportunity for businesses seeking a prime location for retail, restaurant, or bar use. The property is situated in one of the city’s most sought-after neighborhoods, known for its dynamic arts, culture, and culinary scenes. With high visibility and substantial foot traffic, this space provides excellent exposure to both local residents and visitors alike. The modern, open layout of the property is perfect for a wide range of uses, offering ample flexibility to customize the space to fit your business’s unique needs. Whether you are looking to establish a trendy restaurant, a contemporary retail space, or a lively bar, this location provides the perfect foundation to bring your vision to life. In addition to the commercial space, the property includes a separate living area, perfect for an owner-operator or as a rental for added income. With the ongoing growth of the Alberta Arts District, this property offers strong investment potential, providing both a great business opportunity and potential for future appreciation. Accessible by car, bike, and public transportation, this location combines convenience with the energy of one of Portland's most iconic neighborhoods.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,157 SF
Building Class
C
Year Built
1910
Price
$1,700,000
Price Per SF
$538.49
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.13 AC
Zoning
CM2
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R186583 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $635,660 |
PROPERTY TAXES
Parcel Number
R186583
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$635,660
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2703 NE Alberta St
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