16721 SE Division Street presents a compelling redevelopment opportunity in Portland's growing eastern corridor. This 1.10-acre commercial site currently hosts a vacant restaurant, a vacant warehouse building, and a vacant residential structure, providing a substantial potential for repositioning or full redevelopment.The property sits in a high-traffic retail corridor with excellent… Read More visibility and accessibility. Located within Portland's Mall 205 Submarket, the site benefits from strong traffic counts averaging over 30,000 vehicles per day and is situated among major retailers including Ross, Rite Aid, and Regal Cinemas in the immediate vicinity.With CN2 (Neighborhood Commercial) zoning, the property allows for a wide range of potential commercial uses and development scenarios. The increasing property values in East Portland and the site's strategic location position this offering as an attractive investment for developers, investors, and owner-users seeking value-add opportunities in a growing Portland submarket. Read Less
Listing courtesy of The A Realty LLC.
Listing Snapshot
Days Online
363
Last Updated
Property Type
Commercial
Square Ft.
6,810
Lot Size
1.1 Acres
Year Built
1947
MLS Number
586789971
30 Days Snapshot Of 97236
$421k
+8%
(avg) sold price
22
-24%
homes sold
64
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Building
Building Area Total: 6810, Built in 1947, Current Use: Office, Restaurant, Warehouse, Stories: 1
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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