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1202 NW Irving St Portland, OR 97209

For Sale
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Land with approved plans for a nine-story hotel.

Lot size:
0.46 Acres

Property Features for 1202 NW Irving St

General Information

Lot size
0.46 Acres

Source: Apex Real Estate Partners Agent Nathan Oakley

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


Overview

Pearl District Land Opportunity

Located in Portland's Pearl District, this land offers an opportunity for development. The site has received approval for a nine-story hotel spanning approximately 170,000 square feet. The approved plans include a potential 226 rooms, event space, a restaurant and bar, a rooftop event and pool area, and an underground parking garage. The land size is 20,000 square feet, which is equivalent to 0.46 acres. The zoning is EXD – Central Employment. Site utilities, including underground electrical lines and vaults, were installed in 2022 and 2023. The height allowance is 75 feet, with potential bonuses up to 250 feet. The floor area ratio (FAR) is 5:1, with potential bonuses up to 8:1. The historical/special allocation FAR is 3.69:1. Development entitlement plans may be provided to the buyer as part of the sale process.
Insight Report Location Intelligence

Current Use by Public Records

GSF Hotel Hotel

Suggested Use

Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Law Firm Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.6838152
Latitude
45.5277014

FAQs

What type of property is this?
Land - Land with approved plans for a nine-story hotel.
Where is this land located?
The property is located at 1202 NW Irving St Portland, OR.
What are key features of this property?
This property features: - Approved development for a nine-story hotel spanning ± 170,000 sf in Portland's Pearl District.; - Potential for **226 rooms, event space, restaurant/bar, rooftop pool/event area, and underground parking.**; - Development entitlement plans available to buyer.
More about this property
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