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Permit Ready Development Opportunity
For Sale
$5,000,000

306 SE 8th Ave, Portland, OR 97214

144-unit mixed-use development site in SE Portland's Buckman neighborhood.

Property Size109,586 SF
Lot Size0.44 Acres
Price / SF$45.63
Days on Market219

Property Features for 306 SE 8th Ave

General Information

Standard status Active
Size 109,586 SF
Lot size 0.44 Acres
Property subtype Land
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Capacitycommercial
Added: Jan 26 Changed: Aug 31 Last Checked: Sep 1 at 2:54PM

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 is a permit-ready development site located in the Buckman neighborhood of SE Portland. The property is a fully entitled development opportunity for 144 units, with a mix of studio, one-bedroom, and two-bedroom units. The conceptual mixed-use building is planned to be seven stories and include 3,255 square feet of commercial space. The building gross area is 109,586 square feet, plus 5,659 square feet of amenity space. The gross land area is 19,088 square feet. The property includes vested pre-inclusionary zoning and is located within an Opportunity Zone. Select apartment units will include walk-in closets and balconies with views of the Willamette River, Mt. Hood, and Downtown Portland. The building includes a resident lounge and fitness room with an outdoor amenity deck. There are 26 garage stacking spaces for parking. The property is near notable Portland developments including Soho House, Grand Stark Hotel, District Office and Modera Belmont. It is within walking distance to the TriMet Bus Lines and within the Portland Streetcar Loops A & B. The property is located on the corner of SE 8th Ave and SE Pine Street.

Key Highlights

  • Permit‑ready development site in SE Portland's Buckman neighborhood.
  • 144‑unit mixed‑use development opportunity with studio, 1 & 2 bedroom units.
  • Includes vested pre‑inclusionary zoning and located within an Opportunity Zone.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Pet Grooming Service Florist Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,828
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 144-unit mixed-use development site in SE Portland's Buckman neighborhood.
Where is this commercial land located?
The property is located at 306 SE 8th Ave Portland, OR.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Permit‑ready development site in SE Portland's Buckman neighborhood.; 144‑unit mixed‑use development opportunity with studio, 1 & 2 bedroom units.; Includes vested pre‑inclusionary zoning and located within an Opportunity Zone.
More about this property
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