Full-Block Downtown Commercial
For Sale
Contact for pricing
422 Southwest 2nd Avenue, Portland, OR 97204
Unimproved full-block site in Portland’s CBD with broad development flexibility and current parking and billboard revenue.
Property Size37,164 SF
Days on Market49
Property Features for 422 Southwest 2nd Avenue
General Information
Standard status
Active
Size
37,164 SF
Property subtype
Land
Site & Location
Neighborhood
Old Town Community Association
Listing Agency:
CBRE - Portland
Listed By:
Graham Taylor · License #01429996
(503) 200-9216
Source:
Cbre
Added: Sep 14
Changed: Oct 31
Last Checked: Nov 1 at 3:22AM
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
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Investment Insights
Based on property information with market context.
This unimproved commercial land offering encompasses an entire city block at 422 Southwest 2nd Avenue in Portland’s CBD. The site supports approximately 334,000 buildable SF and has capacity for a structure exceeding 30 stories. Unlimited FAR transfers further expand the development framework, while the property permits all major use types identified in the listing.
Positioned off the Morrison Bridge, the block sits near downtown amenities and benefits from direct control of a full-block footprint. In its current configuration, the property produces parking and billboard revenue, allowing continued use while redevelopment planning and entitlements proceed.
Positioned off the Morrison Bridge, the block sits near downtown amenities and benefits from direct control of a full-block footprint. In its current configuration, the property produces parking and billboard revenue, allowing continued use while redevelopment planning and entitlements proceed.
Key Highlights
- Approximately 334,000 buildable SF
- Full‑block control at 422 Southwest 2nd Avenue
- Development capacity exceeding 30 stories
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 97204, OR
1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent
Frequently Asked Questions
What type of property is this?
Commercial land - Unimproved full-block site in Portland’s CBD with broad development flexibility and current parking and billboard revenue.
Where is this commercial land located?
The property is located at 422 Southwest 2nd Avenue Portland, OR.
What are key features of this property?
This property features: Approximately 334,000 buildable SF; Full‑block control at 422 Southwest 2nd Avenue; Development capacity exceeding 30 stories
