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409 Northwest Glisan Street, Portland, OR 97209

0.46 AC parking lot with high-density commercial zoning.

Property Size20,000 SF
Lot Size0.46 Acres
Days on Market223

Property Features for 409 Northwest Glisan Street

General Information

Standard status Active
Size 20,000 SF
Lot size 0.46 Acres
Property subtype Land

Site & Location

Neighborhood Old Town Community Association
Listing Agency: CBRE - Portland
Listed By: Graham Taylor · License #01429996
Source: Cbre
Added: Mar 25 Changed: Oct 30 Last Checked: Nov 1 at 3:33AM

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 CBRE - Portland

Rey
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Investment Insights

Based on property information with market context.

This 0.46-acre parking lot presents a development opportunity in a central location. The property is zoned for high-density commercial use. Situated two blocks east of the Broadway Corridor Project site, the location is expected to benefit from anticipated growth and revitalization. The transformative project is expected to stimulate surrounding neighborhoods, attracting new businesses and residents.

Key Highlights

  • Strategic location just two blocks from the Broadway Corridor Project site.
  • High‑density, central commercial zoning allows for diverse development options.
  • Exceptional potential for development in the heart of the city.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

409 NW Glisan ... Parking Lot & Garage Lot #26 Parking Lot & Garage

Suggested Use

Top Pick Adult Day Care Tanning Salon Clothing & Fashion Store (Bike/Boat/Book/etc) Store Daycare Center Butcher

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

9,062
Businesses Nearby

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
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

Frequently Asked Questions

What type of property is this?
Commercial land - 0.46 AC parking lot with high-density commercial zoning.
Where is this commercial land located?
The property is located at 409 Northwest Glisan Street Portland, OR.
What are key features of this property?
This property features: Strategic location just two blocks from the Broadway Corridor Project site.; High‑density, central commercial zoning allows for diverse development options.; Exceptional potential for development in the heart of the city.
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Includes: Price & PSF · Cap rate · Location · Zoning

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