Portland Development Site
For Sale
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234 - 240 Southeast Grand Avenue, Portland, OR 97214
18,000 SF development site in Portland's Inner Eastside.
Property Size18,000 SF
Lot Size0.41 Acres
Days on Market208
Property Features for 234 - 240 Southeast Grand Avenue
General Information
Standard status
Active
Size
18,000 SF
Lot size
0.41 Acres
Property subtype
Land
Listing Agency:
Capacity Commercial Group
(503) 222-2655
Listed By:
Nicholas Diamond · License #OR #200403266
Source:
Corfac
Added: Jan 26
Changed: Aug 21
Last Checked: Aug 21 at 5:54AM
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 Capacity Commercial Group
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,828
Businesses Nearby
Explore this area
Business Placement
Demographics for 97214, OR
28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
