Repositioned Hospitality Asset For
For Sale
Contact for pricing
Pending
4200 Northeast 82nd Avenue, Portland, OR 97220
Hospitality asset with rebranding or residential conversion potential in Portland.
Property Size91,040 SF
Lot Size2.00 Acres
Days on Market149
Property Features for 4200 Northeast 82nd Avenue
General Information
Standard status
Pending
Size
91,040 SF
Lot size
2.00 Acres
Property subtype
Hospitality
Listing Agency:
CBRE - Portland
(503) 200-9216
Listed By:
Graham Taylor · License #01429996
(503) 200-9216
Source:
Cbre
Added: Mar 25
Changed: Aug 19
Last Checked: Jul 23 at 5:18AM
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 CBRE - Portland
Investment Insights
Based on property information with market context.
The property, located at 4200 NE 82nd Ave in Portland’s evolving Eastside corridor near Portland International Airport, presents an opportunity to acquire a repositioned hospitality asset. The property offers scale, flexibility, and recent capital investment, making it suitable for rebranding or residential conversion. The property has undergone a comprehensive restoration, including major structural upgrades, interior and exterior enhancements, and numerous operational improvements. The garden-style layout and expansive footprint on a large 2+ acre site provide a canvas for adaptive reuse, including a potential multifamily conversion or redevelopment. Currently closed until renovations are finalized, the asset offers full access for tours, allowing investors to evaluate the site. The property has a clean operational slate. With Portland’s hospitality market showing signs of recovery and the property’s proximity to Portland International Airport and major transit routes, this offering represents a value-add opportunity. The property size is 91040 square feet.
Key Highlights
- Turnkey Restoration Completed: Substantial capital investment and comprehensive restoration, including structural upgrades and interior/exterior enhancements, are already completed.
- Residential Conversion Potential: Ideal candidate for residential conversion or redevelopment due to its scale, flexibility, and garden‑style layout.
- Large 2+ Acre Site: Expansive footprint provides a unique canvas for adaptive reuse.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
Business Placement
Demographics for 97220, OR
29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hospitality property - Hospitality asset with rebranding or residential conversion potential in Portland.
Where is this hospitality property located?
The property is located at 4200 Northeast 82nd Avenue Portland, OR.
What are key features of this property?
This property features: Turnkey Restoration Completed: Substantial capital investment and comprehensive restoration, including structural upgrades and interior/exterior enhancements, are already completed.; Residential Conversion Potential: Ideal candidate for residential conversion or redevelopment due to its scale, flexibility, and garden‑style layout.; Large 2+ Acre Site: Expansive footprint provides a unique canvas for adaptive reuse.
