12224 SE Ash Portland, OR 97233

Listing agency Commercial Real Estate NW D***@commercialrenw.com Show Phone

Listed by Denise Brohoski · License #200508190 Show Phone

Source Commercialrenw

Added: Nov 25, 2025 Updated: Jul 6 at 10:22AM Checked: Jul 22 at 4:44AM

Report an Issue

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 Commercial Real Estate NW

---

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity in Southeast Portland, situated across from TriMet's Menlo Park Park & Ride. It is located one block from MAX Bus Stop ID 6621 and MAX Light Rail Stop ID 8349. The location is suitable for multi-family or mixed-use apartments. The surrounding area features a variety of restaurants, pubs, and coffee shops. Mall 205, with its associated big box stores, is located nearby, with access to I-205. Ventura Grade School is three blocks away, and several parks are within walking distance. The property is located off of 122nd Avenue in Portland, with daily traffic counts of 40,547. The property has a maximum Floor Area Ratio (FAR) of 5:1 with bonus, and a maximum building height of 100 feet, allowing for up to 68 apartment units. The property size is 7,049 square feet.

Key Highlights

• Prime redevelopment opportunity: High‑density zoning allows for a 5:1 FAR (with bonus), 100' max building height, and potential for up to 68 apartment units.
• Excellent transit access: Located directly across from TriMet's Menlo Park Park & Ride and one block from MAX and bus stops.
• Strategic location: Right off 122nd Avenue with high daily traffic count (40,547).

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $2,500,000

  4,510 SF

  Freestanding Restaurant Building with Parking

  Leased restaurant property on 1.02 acres with parking on four sides and a standalone building.

  1411 NE 82ND, Portland, OR 97220

  View Details
• 

  $1,250,000

  5,012 SF

  Turn-Key Medical Office Building

  Fully renovated office space with flexible layout and off-street parking, suited for medical and human services uses.

  18445 E Burnside, Portland, OR 97233

  View Details
• 

  $999,000

  6,659 SF

  Live-Work Office Building

  Two-building setup with ADA-accessible office suites and a corner-lot bungalow suited for live-work or creative use.

  12135 Southeast Lincoln Street, Portland, OR 97216

  View Details
• 

  $2,200,000

  10,262 SF

  Multi-Tenant Retail Office Building

  Multi-tenant building with off-street parking and rentable space totaling approximately 7,522 SF.

  628-630 NE Broadway, Portland, OR 97212

  View Details
• 

  $1,600,000

  10,196 SF

  Mixed-Use Retail Building

  For sale mixed-use retail asset totaling 6,796 SF, offering flexible space within a single property.

  6504 SE FOSTER RD, PORTLAND, OR

  View Details
• 

  $2,950,000

  18,800 SF

  Industrial Building with Office Space

  Industrial building for sale with dedicated office space and fenced, paved parking on a 0.75-acre lot.

  1163 NE 63rd Ave, Portland, OR 97213

  View Details
• 

  $899,000

  5,982 SF

  Versatile Commercial Property with Warehouse

  Mixed-use property featuring storefronts, restaurant, and warehouse space.

  1218 N Killingsworth Street, Portland, OR 97217

  View Details
• 

  $790,000

  1,853 SF

  Drive-Through Subway Restaurant

  Single-tenant drive-through restaurant leased to Subway under an NNN structure with a lease expiring February 28, 2027.

  3103 Northeast 82nd Avenue, Portland, OR 97213

  View Details
• 

  $845,750

  3,383 SF

  Automotive Service Bay Garage

  Automotive facility with five 12' overhead service bay doors and 14'-6" clear height, positioned for visibility to Hwy 99W.

  11646 SW Pacific Hwy, Portland, OR 97223

  View Details
• 

  $4,250,000

  11,600 SF

  Leased FedEx Office Retail Building

  Long-term FedEx Office tenant with dedicated parking supports a straightforward, low landlord-responsibility investment.

  221 SW Alder St, Portland, OR 97204

  View Details
• 

  $650,000

  1,040 SF

  Live-Work Property with Detached Shop

  Remodeled home plus a fully permitted detached, insulated shop suited for studio work, home-based business, or light use.

  2934 SE 16TH, Portland, OR 97202

  View Details
• 

  $950,000

  25,000 SF

  Historic Downtown Retail Building

  Historic landmark retail building with Central Commercial zoning near Pioneer Courthouse Square.

  514 SW SIXTH AVE, PORTLAND, OR

  View Details

FAQs

What type of property is this?

Land - Prime land for multifamily or mixed-use development near transit.

Where is this land located?

The property is located at 12224 SE Ash Portland, OR.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Prime redevelopment opportunity: High‑density zoning allows for a 5:1 FAR (with bonus), 100' max building height, and potential for up to 68 apartment units.; Excellent transit access: Located directly across from TriMet's Menlo Park Park & Ride and one block from MAX and bus stops.; Strategic location: Right off 122nd Avenue with high daily traffic count (40,547).