5417 NE 15TH Portland, OR 97211
Double lot with CM2 zoning, ideal for mixed-use development.
Type:Commercial
Property size:
1,936 SFLot size:
0.16 Acres- Added:
- Apr 11, 2025
- Days on Market:
- 375
- Last Refresh:
- Apr 5 at 9:14 pm
Property Features for 5417 NE 15TH
General Information
- Standard status
- Active
- Size
- 1,936 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1914
Listing agent CRYSTAL BACON
Listing office PREMIERE PROPERTY GROUP LLC (503) 670-9000
Listing date Apr 11, 2025
Source Corcoran
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 PREMIERE PROPERTY GROUP LLC
Overview
Redevelopment Opportunity: Mixed-Use Potential
This property presents an excellent redevelopment opportunity with a double commercial lot zoned CM2, suitable for constructing a new mixed-use building with retail space below and apartments above. Currently on the site is a large, classic fixer-upper home and an old detached garage. The house features two bedrooms upstairs, one bedroom in the basement, a fireplace, and washer/dryer hookups in the basement. The Commercial/Mixed Use 2 (CM2) zone is designed for medium-scale development in centers, corridors, and mixed-use areas with frequent transit service. It accommodates a wide range of commercial, residential, and employment uses with limited off-site impacts. Buildings in this zone can generally be up to four stories tall, with potential for increased height and floor area through bonuses or plan district provisions. Development in this zone is intended to be pedestrian-oriented, create a strong connection between buildings and sidewalks, and complement the scale of surrounding residential areas. The property size is 1936 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.65
- Latitude
- 45.5624
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FAQs
What type of property is this?
Mixed-use property - Double lot with CM2 zoning, ideal for mixed-use development.
Where is this mixed-use property located?
The property is located at 5417 NE 15TH 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: Excellent redevelopment opportunity on a double commercial lot.; CM2 zoning allows for mixed‑use development with retail below and apartments above.; Located in an area with frequent transit service.
