1631 SW Jefferson St, Portland, OR

Listing office NAI Elliott n***@naielliott.com Show Phone

Listing date Nov 21, 2024

Source Moodyscre

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 NAI Elliott

Report an issue

---

Overview

This commercial property, zoned CXd, offers a flexible Central Commercial Zoning that allows for a broad range of commercial and mixed-use development. The property is currently 70% leased, providing significant income while development of the site is under consideration. The zoning allows for a Floor Area Ratio (FAR) of 4:1, with the possibility of a bonus FAR. The maximum height is 100 feet, with an eligible bonus up to 165 feet. The property size is 9846 square feet.

Suggested Use

Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Law Firm Grocery & Convenience Store Daycare Center

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

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.691

Latitude

45.5179

Nearby Similar for Sale

• 

  $2,000,000

  6,070 SF

  Six-Unit Apartment Community

  2019-built six-unit community with in-unit laundry and off-street parking on a low-density lot.

  8300 SE Flavel St, Portland, OR 97266

  View Details
• 

  $1,649,900

  3,936 SF

  Park-Front Fourplex Opportunity

  New North Portland fourplex with four private residences and efficient heating and cooling, positioned directly across from Peninsula Park.

  6214 N Kerby Ave, Portland, OR 97217

  View Details
• 

  $4,313,900

  11,578 SF

  Detached Cottage Multifamily Portfolio

  Twelve new construction detached two-bedroom cottages with modern in-unit features and efficient mini-split climate control.

  7033 SE 60th Ave, Portland, OR 97206

  View Details
• 

  $1,739,900

  4,868 SF

  New Construction Cottage Portfolio

  Four detached homes near St. Johns with strong rental potential.

  6603 N Seneca St, Portland, OR 97203

  View Details
• 

  $555,000

  2,640 SF

  Nicely Managed Duplex with Private Laundry

  Two one-bedroom units each include private laundry, basement bonus space, and dedicated off-street parking.

  1036 N AINSWORTH St, Portland, OR 97217

  View Details
• 

  $1,969,900

  4,815 SF

  New Multifamily Investment by Park

  Five-unit townhome investment across from Peninsula Park in Portland, Oregon.

  6179 N Albina Ave, Portland, OR 97217

  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
• 

  $950,000

  4,390 SF

  Multifamily Home with Permitted ADU

  Modern home with a fully permitted 2-bedroom ADU, offering flexible living or rental separation.

  1336 NE HOLLAND St, Portland, OR 97211

  View Details
• 

  $645,000

  5,500 SF

  Mixed-Use Development Fixer

  Two-building mixed-use property with street-level office/retail and multiple apartment units, sold as-is with CM2 zoning.

  8325 SE DIVISION St, Portland, OR 97266

  View Details
• 

  $2,889,900

  7,179 SF

  Rose City Park Multifamily Investment

  New 7-unit multifamily property in Portland's Rose City Park.

  2938 NE 62nd Ave, Portland, OR 97213

  View Details
• 

  $1,979,900

  4,588 SF

  New Cottage Homes in Beaumont-Wilshire

  Four newly built detached cottage homes in NE Portland.

  4895 NE CESAR E CHAVEZ Blvd, Portland, OR 97211

  View Details
• 

  $620,000

  2,388 SF

  Updated Triplex with Private Entrances

  Flexible multifamily setup with private entrances, updated interiors, and multiple living areas for accommodating different household needs.

  3602 NE 134TH Ave, Portland, OR 97230

  View Details

FAQs

What type of property is this?

Specialty property - Income-producing commercial property with flexible zoning and development potential.

Where is this specialty property located?

The property is located at 1631 SW Jefferson St Portland, OR.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: Development site with significant income potential while awaiting development.; Flexible CXd Central Commercial Zoning allows for diverse commercial and mixed‑use projects.; High Floor Area Ratio (FAR) of 4:1, with potential bonus FAR.