Portland Development Site
234 - 240 Southeast Grand Avenue, Portland, OR 97214
18,000 SF development site in Portland's Inner Eastside.
Type:Land
Property size:
18,000 SFLot size:
0.41 Acres- Added:
- Jan 26, 2026
- Days on Market:
- 116
- Last Refresh:
- Apr 5 at 8:31 pm
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 agent Nicholas Diamond License #OR #200403266 (503) 222-2655
Listing office Capacity Commercial Group (503) 222-2655
Listing date Jan 26, 2026
Source Corfac
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
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.
- Take advantage of a Base FAR of 6:1, Max FAR of 9:1 with bonus, and height up to 100 feet.
- Located on the street car line and near the MAX Light Rail.
- Enjoy close proximity to major employers, retailers, popular restaurants, and shops.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.66
- Latitude
- 45.521
Nearby Similar for Sale
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.
