3029 Water AvePortland, OR 97201

For Lease
Call for price

Portland, OR: 7,500 SF Commercial Lot

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 7,500 square foot commercial land parcel, located at 3029 S Water Ave in Portland, Oregon, presents a unique investment opportunity. Situated in Multnomah County (APN R128809), this property boasts a CI-2 (Campus Industrial 2) zoning designation, offering flexibility comparable to CM3 zoning, with the added benefit of permitting educational uses. The site includes 5,000 square feet of existing paved and gated parking, providing ample space for vehicles or storage. An additional 2,500 square feet of unimproved land is also available, expanding development potential. Currently leased on a month-to-month basis, the property offers immediate occupancy potential. Its prime location in the heart of the Southwest Waterfront makes it ideal for businesses requiring substantial storage, parking, or retail space. The existing tenant's month-to-month lease allows for flexible occupancy timelines. This versatile property is ready for immediate use or future development, making it an attractive option for a variety of commercial ventures. The 97201 zip code ensures easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-located commercial lot with significant potential in a thriving Portland neighborhood.

Highlights

  • CI-2 zoning permits diverse commercial and residential uses.
  • Ample paved parking is available.
  • Secure gated property.
  • 5,000-7,500 square feet of space is available for lease.
  • Lease rates available upon request.
  • Property also available for purchase.

Unit(s) available at that property

Space
Size
7,500 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.50085717
Longitude
-122.67653036
3029 Water Ave, Portland, Oregon

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3029 Water Ave
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