801-807 NE Alberta St
Portland, OR 97211
Office Property For Sale

This parcel is located on the corner of Northeast 8th Avenue, with 100-feet of frontage on Northeast Alberta Street. The property's current zoning is Commercial Mixed-Use 2 (CM2) under the Portland’ recently adopted Comprehensive Plan. CM2 zoning allows for residential, retail, office, multifamily, and mixed uses. The zoning has a base floor area ratio of 2.5:1,000, but may be eligible for bonus, a height limit of forty-five feet, and 100 percent max coverage ratio. The property is located approximately two miles from Downtown Portland, less than one mile from Lloyd Center and Central Eastside, and seven miles from Portland International Airport. It is considered a walker’s paradise area with a Walk Score of 90 and is very accessible with a Transit Score of 81. 807 NE Alberta is owned by the Saint Andrew Legal Clinic who will relocate or leaseback the building for a period of time. 807 Northeast Alberta Street is well positioned for an owner-user, value-add investor, or redevelopment opportunities. OWNER MAY FINANCE AND/OR LEASE-BACK FOR A TERM.