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    129 N Main Ave Gresham, OR 97030

    New
    For Sale
    $2,000,000

    COMMERCIAL - Gresham, OR

    Property size:
    6,750 SF
    Lot size:
    0.28 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 129 N Main Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DCC
    APN
    R217823
    Size
    6,750 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1916
    Floors in Building
    1
    Roof type
    Flat

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent Bela Barany (888) 814-9613

    Listing date Dec 3, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gresham Development Opportunity

    This property presents a development opportunity in a prime downtown Gresham location. It is zoned DCC-Downtown Commercial Core, which is a mixed-use district intended for higher-density development. Permitted uses include office, retail, and multi-family residential. The DCC district is designed to function as the city's commercial center, encouraging a vibrant and walkable downtown environment, and it has specific design standards for new construction. The Downtown Plan District Design Manual, Section 4.1100, designates Main Avenue as a "unique street". The property includes two tax lots: one with a 6,750-sf building on a 6,750-sf lot, and another with a 5,000-sf parking lot. Examples of development potential are shown through three existing buildings in the same zoning, featuring street-level storefronts and three additional stories of residential or office opportunities above.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Catering Service Seafood Restaurant Fish Market Diner Shoe Repair Storage Facility Supermarket Chinese Restaurant Bike Shop Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.43125
    Latitude
    45.498861

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    FAQs

    What type of property is this?
    Commercial land - Prime downtown location with mixed-use development potential.
    Where is this commercial land located?
    The property is located at 129 N Main Ave Gresham, OR.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime downtown Gresham location offers a development opportunity.; - DCC zoning allows for high-density mixed-use development.; - Designated as "unique street" under the Downtown Plan District Design Manual, Section 4.1100.
    (888) 814-9613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 N Main Ave Gresham, OR 97030
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