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    537 SE Alder St Portland, OR 97214

    For Sale
    Contact for pricing

    Historic Portland property suitable for event, restaurant, or creative space.

    Property size:
    18,248 SF
    Lot size:
    0.30 Acres

    Property Features for 537 SE Alder St

    General Information

    Size
    18,248 SF
    Lot size
    0.30 Acres

    Source: Urban Works Real Estate Agent Charlotte Larson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Portland Property with Renovation

    This historic property, situated in Portland’s Central Eastside, features exposed brick and timber, along with stained glass elements. The property offers an opportunity for outdoor space. Demolition of the previous build-out has been completed, and permit-ready drawings are available for a large-scale renovation. With a total property size of 18248 square feet, this location is suitable for an event space, restaurant, bar, or creative space projects.
    Insight Report Location Intelligence

    Current Use by Public Records

    Volunteers of America Vehicle ... Non-Profit Organization Charity Connections Charity Holly Koehmstedt Social Worker

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6600679
    Latitude
    45.5182249

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    FAQs

    What type of property is this?
    Creative space - Historic Portland property suitable for event, restaurant, or creative space.
    Where is this creative space located?
    The property is located at 537 SE Alder St Portland, OR.
    What are key features of this property?
    This property features: - Permit-ready drawings for a large-scale renovation are included.; - Ideal for event space, restaurant/bar, or creative space projects.; - Located in Portland's Central Eastside.
    (503) 228-3165
    Request Owner's contact information
    537 SE Alder St Portland, OR 97214
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    Portland, OR 97214
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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
    537 SE Alder St Portland, OR 97214
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