Surface Parking Lot Development
969 SW 2nd Ave Portland, OR 97204
For Sale
$3,500,000
LAND - Portland, OR
Lot Size0.33 Acres
Days on Market125
Property Features for 969 SW 2nd Ave
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- PCX
- Standard status
- Active
- APN
- R245990
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Description
- PORTLAND, BLOCK 23, LOT 3&4 EXC PT IN ST, LOT 5
- Tax Annual Amount
- 62853
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Bradley King · License #201235429
(503) 313-8262
Added: Mar 23
Changed: Jun 15
Last Checked: Jul 25 at 6:06AM
MLS# 258454436
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.
Investment Insights
Based on property information with market context.
This downtown parcel at 969 SW 2nd Ave, Portland, OR 97204 is currently improved as a surface parking lot. The property is being marketed as income-generating parking while the owner works through the permitting process to develop the unused portion of the parcel into a food cart pod. Conceptual plans are also noted for the cart pod format, and the site is described as offering flexibility for the right buyer or operator to pursue alternative development directions.
The property is located at the intersection of SW 2nd Ave and Salmon St, positioned in the center of Downtown Portland. Public remarks indicate it is next to the courthouse and within walking distance of the riverfront, supported by strong surrounding daytime and evening pedestrian activity and urban exposure.
For buyers or developers, this offering combines an existing operating parking use with an active development path tied to the food cart pod concept. Under the listed zoning designation PCX, the site may support redevelopment plans for those seeking a downtown-oriented retail and food use. The combination of current parking operations and permitting activity can be relevant to tenants, developers, and investors evaluating mixed-use activation of a central parcel.
The property is located at the intersection of SW 2nd Ave and Salmon St, positioned in the center of Downtown Portland. Public remarks indicate it is next to the courthouse and within walking distance of the riverfront, supported by strong surrounding daytime and evening pedestrian activity and urban exposure.
For buyers or developers, this offering combines an existing operating parking use with an active development path tied to the food cart pod concept. Under the listed zoning designation PCX, the site may support redevelopment plans for those seeking a downtown-oriented retail and food use. The combination of current parking operations and permitting activity can be relevant to tenants, developers, and investors evaluating mixed-use activation of a central parcel.
Key Highlights
- Prime downtown Portland location at SW 2nd Ave & Salmon St with high visibility and foot traffic.
- Currently operating as an income‑generating surface parking lot providing existing cash flow.
- Permitting process almost complete for developing a food cart pod, a profitable and iconic Portland commercial format.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar Off Market Nearby
- Enterprise Rent-A-Car — 310 SW Lincoln St, Portland, OR 97201
- Portland Van Rental — 2061 SW 4th Ave #704, Portland, OR 97201
- Car Rental Portland — Broadway Plaza, 2121 SW Broadway Dr UNIT 210, Portland, OR 97201
- Mitch Smith — 2001 SE 2nd Pl, Portland, OR 97214
- Kyte Car Rental PDX HQ — 2020 SW 4th Ave, Portland, OR 97201
FAQs
What type of property is this?
Parking lot & garage - Downtown Portland parcel operating as surface parking, with permitting underway for a food cart pod concept under zoning PCX.
Where is this parking lot & garage located?
The property is located at 969 SW 2nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime downtown Portland location at SW 2nd Ave & Salmon St with high visibility and foot traffic.; Currently operating as an income‑generating surface parking lot providing existing cash flow.; Permitting process almost complete for developing a food cart pod, a profitable and iconic Portland commercial format.
