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409 NW Glisan St 0.46 Acres of Commercial Land Offered at $4,250,000 in Portland, OR 97209


INVESTMENT HIGHLIGHTS
- For Sale or Lease
- Neighbors Broadway Corridor Project
EXECUTIVE SUMMARY
CBRE Capital Markets, as exclusive advisor, is pleased to present a rare opportunity to acquire 0.46 acres (20,000 SF) of high-density, centrally zoned commercial land located in Portland’s Old Town neighborhood.
Investors have a rare chance to actively shape the future of downtown Portland’s urban core. Just two blocks east of the Broadway Corridor Project site, this property offers a strategic location to capture the anticipated growth and revitalization.
Investors have a rare chance to actively shape the future of downtown Portland’s urban core. Just two blocks east of the Broadway Corridor Project site, this property offers a strategic location to capture the anticipated growth and revitalization.
PROPERTY FACTS
| Price | $4,250,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| Sale Condition | Lease Option | Total Lot Size | 0.46 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | CX - Central Commercial High Density with d (Design) Overlay | ||
| Price | $4,250,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.46 AC |
| Opportunity Zone |
Yes |
| Zoning | CX - Central Commercial High Density with d (Design) Overlay |
1 LOT AVAILABLE
Lot
| Price | $4,250,000 | Lot Size | 0.46 AC |
| Price Per AC | $9,259,259.26 |
| Price | $4,250,000 |
| Price Per AC | $9,259,259.26 |
| Lot Size | 0.46 AC |
This highly visible parcel offers exceptional potential for development in the heart of the city, with unmatched access to major transit, vibrant local amenities, and the dynamic energy of Portland’s urban core.
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (92)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | R141458 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $872,640 |
PROPERTY TAXES
Parcel Number
R141458
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$872,640
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409 NW Glisan St
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