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Investment Highlights

  • CM2 zoning allows for mixed use multi-story development
  • Close to middle school, retail, shopping & entertainment
  • High traffic corridor

Executive Summary

EXECUTIVE SUMMARY
• 110' of frontage on E Burnside St
• High traffic and high visibility location, offering walking access to shopping, restaurants and retailers
• Close to Mount Tabor Middle School
• Ideal for mixed-use, multi-family or commercial development
• Buyer to perform full due diligence

Property Facts

Price $1,600,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Apartment Units
  • Storefront, Retail or Residential
Total Lot Size 0.34 AC
Zoning CM2 - This medium-scale commercial mixed use zone is intended for sites in a variety of centers and corridors, and in smaller mixed mixed use structues

1 Lot Available

Lot

Price $1,600,000
Price Per AC $4,705,882.35
Lot Size 0.34 AC

INVESTMENT HIGHLIGHTS • CM2 Zoning – allows mixed-use, multifamily, commercial, and office development • Ideal for multi-story mixed-use or multifamily project with ground floor retail

Description

Flat CM2 lot with a tear down structure. EXECUTIVE SUMMARY • 110' of frontage on E Burnside St • High traffic and high visibility location, offering walking access to shopping, restaurants and retailers • Close to Mount Tabor Middle School • Ideal for mixed-use, multi-family or commercial development • Buyer to perform full due diligence

Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
  • Listing ID: 37771677

  • Date on Market: 9/22/2025

  • Last Updated:

  • Address: 5844 E Burnside St, Portland, OR 97215

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