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CX-Zoned Commercial Land
For Sale
$545,000

4530 S Kelly Ave, Portland, OR 97239

Portland parcel with expansive city, river, and mountain outlooks near the OHSU Tram and South Waterfront.

Property Size624 SF
Price / SF$873.40
Days on Market35

Property Features for 4530 S Kelly Ave

General Information

Standard status Active
Size 624 SF

Building Details

Year Built 1972
Listing Agency: Hoag Real Estate
Listed By: Peggy Hoag · License #910600149
Source: Kingdomreal
Added: Jul 28 Changed: Aug 29 Last Checked: Aug 30 at 8:07PM

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 Hoag Real Estate

Investment Insights

Based on property information with market context.

This commercial land parcel is designated Central Commercial (CX), a zoning classification that supports a broad range of uses. The property is located at 4530 S Kelly Ave in Portland and offers views toward the city, river, and mountains.

The site is near the OHSU Tram and South Waterfront, placing it within an established urban setting. The source information also identifies an as-is live/work component, although the property is classified primarily as commercial land.

Key Highlights

  • Central Commercial (CX) zoning
  • Views of the city, river, and mountains
  • Near the OHSU Tram

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Barber Shop (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store Storage Facility

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

4,739
Businesses Nearby

Demographics for 97239, OR

18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value

Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Portland parcel with expansive city, river, and mountain outlooks near the OHSU Tram and South Waterfront.
Where is this commercial land located?
The property is located at 4530 S Kelly Ave Portland, OR.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Central Commercial (CX) zoning; Views of the city, river, and mountains; Near the OHSU Tram
More about this property
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