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240 NE M L King Blvd Portland, OR 97232

Sponsored
For Sale
$600,000

LAND - Portland, OR

Lot size:
0.14 Acres
Days on Market:
1
Last Refresh:
Feb 11 at 4:06 pm

Property Features for 240 NE M L King Blvd

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Zoning
EX
APN
R150150
Lot size
0.14 Acres

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Listing Contact
Eduardo Reyes

Keller Williams Realty Portland Premiere (503) 880-4905

Listing agent Eduardo Reyes (503) 597-2444

Listing date Feb 11, 2026

MLS# 448098199 Listing URL

Copyright © 2026 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.

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Property Insight Report

Overview

Developable Lot in Central Portland

This is a 5,949 square foot lot improved as a parking lot. The property is located adjacent to I-84 and MLK Boulevard. It is zoned EX Central Employment, which allows for high-density residential, commercial, and light industrial uses. This zoning provides flexibility for mixed-use or employment-focused development. The property is located in an urban infill location with freeway access and visibility. It is positioned for developers seeking a strategic site with long-term upside in a central Portland corridor.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.661281
Latitude
45.524711

FAQs

What type of property is this?
Commercial land - 5,949 SF lot with development potential near I-84.
Where is this commercial land located?
The property is located at 240 NE M L King Blvd Portland, OR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: - EX Central Employment zoning allows high density residential, commercial, and light industrial uses.; - Prime urban infill location in central Portland corridor.; - Excellent freeway access via adjacent I-84.
More about this property
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