234 - 240 Southeast Grand Avenue Portland, OR 97214

Listing agency Capacity Commercial Group n***@capacitycommercial.com Show Phone

Listed by Nicholas Diamond · License #OR #200403266

Source Corfac

Added: Jan 26 Updated: Jul 6 at 9:22AM Checked: Jul 21 at 4:03AM

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Investment Insights

Based on property information with market context.

This 18,000 square foot (0.41 acre) development site is located in the Inner Central Eastside of Portland, Oregon. The site has land use approvals for a mass timber office building. The zoning allows for development of market-rate multi-family housing, affordable housing, and office uses. The base floor area ratio (FAR) is 6:1, with a maximum FAR of 9:1 with bonus. The maximum height is 100 feet. The site borders the street car line and is a couple blocks away from the MAX Light Rail, offering accessibility to Downtown Portland, I-84, I-5, and I-405. It is within walking distance to popular Eastside restaurants and shops. This high-visibility development opportunity is close to major employers and retailers.

Key Highlights

• High‑visibility 18,000 SF development site in Portland's Inner Eastside.
• Land use approvals in place for a mass timber office building.
• EX zoning allows for market‑rate multi‑family, affordable housing, and office uses.

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FAQs

What type of property is this?

Commercial land - 18,000 SF development site in Portland's Inner Eastside.

Where is this commercial land located?

The property is located at 234 - 240 Southeast Grand Avenue Portland, OR.

What are key features of this property?

This property features: High‑visibility 18,000 SF development site in Portland's Inner Eastside.; Land use approvals in place for a mass timber office building.; EX zoning allows for market‑rate multi‑family, affordable housing, and office uses.