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:
- 65
- Last Refresh:
- Mar 25 at 8:53 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 REAL ESTATE INVESTMENT 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 REAL ESTATE INVESTMENT GROUP
Overview
Portland Development Site Opportunity
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.
