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Portland Central Eastside Opportunity
For Sale
$4,500,000

317 SE Grand Ave & 407 SE Pine St, Portland, OR 97214

Combined 0.86 acre site in Portland's Central Eastside.

Property Size44,200 SF
Lot Size0.86 Acres
Price / SF$101.81
Days on Market150

Property Features for 317 SE Grand Ave & 407 SE Pine St

General Information

Standard status Active
Size 44,200 SF
Lot size 0.86 Acres
Property subtype Retail

Building Details

Building Size 44,200 SF
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Capacitycommercial
Added: May 14 Changed: Oct 10 Last Checked: Oct 9 at 5:41PM

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 offering presents a combined 0.86-acre opportunity situated in Portland's Central Eastside. The property benefits from a high-visibility location on the Eastside and is located within a Qualified Opportunity Zone. It features EX zoning and is suitable for either an owner/user or development project. The site represents a significant assemblage opportunity, comprising 8 tax lots and 44,200 square feet of building area.

Key Highlights

  • Significant assemblage opportunity
  • 0.86 combined acre opportunity**
  • High visibility Eastside location

Property Analytics

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Current Use

Retail properties & Spaces

Suggested Use

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

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

12,611
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Combined 0.86 acre site in Portland's Central Eastside.
Where is this retail property located?
The property is located at 317 SE Grand Ave & 407 SE Pine St Portland, OR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Significant assemblage opportunity; 0.86 combined acre opportunity**; High visibility Eastside location
More about this property
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