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Historic Alberta House Investment Opportunity

5131 NE 23RD Portland, OR 97211

5131 NE 23RD, Portland, OR, 97211
$1,500,000
For Sale
$1,500,000

Iconic property in Alberta Arts District with investment potential.

Property Size7,451 SF
Price / SF$201.32
Days on Market436

Property Features for 5131 NE 23RD

General Information

Standard status
Active
Size
7,451 SF

Building Details

Year Built
1924
Listing agency WINDERMERE REALTY TRUST
Listed by BEN DROUKAS PC
Source Corcoran
Added: May 13, 2025 Updated: Mar 16 at 9:09AM Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WINDERMERE REALTY TRUST


Investment Insights

Based on property information with market context.

The Historic Alberta House, located at 5131 NE 23rd Ave in Portland, Oregon, presents a unique investment opportunity. Formerly a Masonic lodge, a local church, and most recently the Cerimon House, this property is situated in the Concordia neighborhood, within the Alberta Arts District. The area is a cultural hub, surrounded by diverse shops, restaurants, and cultural hotspots on Alberta Street and Killingsworth Street. The neighborhood combines historic charm with urban convenience, with nearby parks like Alberta Park and Fernhill Park offering green spaces. The property size is 7451 square feet.

Key Highlights

  • Unique investment opportunity in the Historic Alberta House with potential for significant returns.
  • Located in the vibrant Concordia neighborhood within the Alberta Arts District.
  • Rich history as a former Masonic lodge, church, and Cerimon House.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cerimon House Charitable Organization The Vanport Mosaic Charitable Organization Historic Alberta House Hotel & Motel

Suggested Use

Law Firm Parking Lot & Garage Building Supply HVAC Service Real Estate Agency Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Accounting Firm Home Appliance Store

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

FAQs

What type of property is this?
Church & religious facility - Iconic property in Alberta Arts District with investment potential.
Where is this church & religious facility located?
The property is located at 5131 NE 23RD Portland, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Unique investment opportunity in the Historic Alberta House with potential for significant returns.; Located in the vibrant Concordia neighborhood within the Alberta Arts District.; Rich history as a former Masonic lodge, church, and Cerimon House.
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