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522 Alder St
Portland, OR 97214
SE Alder Development Opportunity · Land For Sale · 0.23 AC

Investment Highlights

  • Located in Opportunity Zone
  • Well positioned in Central Eastside between SE Industrial District and residential neighborhoods
  • Trimet Streetcar stop just blocks away
  • Close-in SE Portland with direct access to I-5, 99E, NE Sandy Blvd., and downtown via Morrison Bridge

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
Total Lot Size 0.23 AC
No. Stories 1
Zoning EX

Description

This 10,000 SQ FT (0.23 acre) lot is a prime development opportunity in Portland's thriving Close-In Southeast market. Conveniently located at the foot of the Morrison Bridge and only 1 block from Tri-Met Street Car stops this property sits on a lively corner at SE 6th and Alder - directly across from The Loyal Legion Beer Hall, Evergreen Event Center and The Melody Event Center. This Opportunity Zone offers multiple options for development, including Multi-family, office and retail uses. • Current Use: Surface parking lot - 26 spaces • Located in Opportunity Zone • Development opportunity for multi-family, office, or retail uses • Zoning: EX (Central Employment) • FAR Height 9:1 • Trimet Streetcar stops just blocks away • Directly across from The Loyal Legion Beer Hall, Evergreen Event Center and The Melody Event Center • Well positioned in Central Eastside between SE Industrial District and residential neighborhoods • Close-in SE Portland location with direct access to I-5, 99E, NE Sandy Blvd, and downtown via Morrison Bridge • Daily Traffic Counts (1 Block away): 15,300 @ SE Grand, 13,750 @ SE Morrison St

Property Taxes

Property Taxes

Parcel Number
R150222
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$332,310
  • Listing ID: 22142666

  • Date on Market: 2/2/2021

  • Last Updated:

  • Address: 522 Alder St, Portland, OR 97214

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