3659 Powell BlvdPortland, OR 97202

For Sale
$4,225,000

Rare Acre Lot, CM2 Zoning, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a full acre of paved commercial land (0.97 acres) located at 3659 SE Powell Blvd in Portland, Oregon's desirable Creston-Kenilworth neighborhood. Zoned CM2, this highly visible property boasts minimal existing improvements, offering significant redevelopment potential. The asking price is $4,225,000, translating to a land value of $100 per square foot. Situated on a prominent corridor, the property benefits from its proximity to popular SE Powell food carts and John's Market, reflecting the area's vibrant growth. The location provides convenient access to numerous restaurants, retail amenities, and public transportation, appealing to a diverse tenant base. The neighborhood itself offers a unique blend of urban and suburban living, with a high percentage of renters. This presents a rare chance to acquire a large, readily available lot in a thriving Portland neighborhood with excellent potential for future development or expansion. The property's size and zoning make it ideal for a variety of commercial uses. This is a prime opportunity for investors seeking a high-visibility location with significant upside potential in a rapidly developing area of Portland. The zip code is 97202.

Highlights

  • Full acre (0.97 acres) of paved commercial land in Portland, OR's Creston-Kenilworth neighborhood.
  • Highly visible location on SE Powell Blvd.
  • Minimal existing improvements, offering significant redevelopment potential.
  • CM2 zoning.
  • Readily available for development.
  • Excellent location near popular food carts and John's Market on the expanding SE Powell corridor.

Property Details for 3659 Powell Blvd

Property type
Multifamily properties, Apartment buildings
Square Feet
1 SF
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.4974211
Longitude
-122.6249432
3659 Powell Blvd, Portland, Oregon

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3659 Powell Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message