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5201-5237 NE M L King Blvd
Portland, OR 97211
5231 NE MLK Blvd, Portland, OR · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
42,000 SF
Building Class
B
Year Built/Renovated
1946/2007
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.97 AC
Zoning
CM3
Parking
50 Spaces (0.7 Spaces per 1,000 SF Leased)
Frontage
15’ on M L KING

Amenities

  • Bus Line
  • Courtyard
  • Mezzanine
  • Restaurant
  • Signage
  • Enclosed Mall
  • Air Conditioning

Sustainability

LEED Certified
Gold
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

About 5201-5237 NE M L KING BLVD , PORTLAND, OR 97211

Call for special financing details. The original loan is assumable at 0.41% for the first 10 years and 3% for the rest of the 30 year loan. Because the purchase date was August 2008, the rate will go up to 3% in 2018. Vanport Plaza has many successful businesses as condo neighbors including Curious Comedy Theater, Old Town Brewing Company, a Step Above clothing, and more. Located in the quickly gentrifying Close In North East area of Portland, it's close proximity to the Alberta Arts District makes this location ideal.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R610997
  • R610996
  • R610988
Land Assessment
$0
Improvements Assessment
$465,890
Total Assessment
$465,890
  • Listing ID: 3613113

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 5201-5237 NE M L King Blvd, Portland, OR 97211

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