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South Waterfront Commercial Zoned Lot
For Sale
$545,000

4530 S KELLY, Portland, OR 97239

Commercial lot near OHSU with city and mountain views.

Property Size624 SF
Price / SF$873.40
Days on Market163

Property Features for 4530 S KELLY

General Information

Standard status Active
Size 624 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,528

Amenities

Flat Roof
On Site
On street

Building Details

Year Built 1972
Listing Agency: HOAG REAL ESTATE
Listed By: PEGGY HOAG · License #910600149
Source: Corcoran
Added: Mar 30 Changed: Sep 6 Last Checked: Sep 8 at 6:00AM

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 624-square-foot commercial lot is located near the OHSU Tram in the South Waterfront area. The property is zoned Central Commercial (CX), allowing for a broad range of uses and potentially high-density development. The site offers unobstructed views of the city and River Mountains. Potential development ideas include a boutique hotel, a tower stack of 3000 SF one-level condos with parking beneath, or a skinny architectural tower. The property is offered in as-is condition for live/work use.

Key Highlights

  • Unobstructed VIEWS! City, River, Mountains.
  • Central Commercial (CX) Zoned Lot: Broad Range of Uses Allowed.
  • Development Potential: High Density Possible.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Parking Lot & Garage Electrical Service Nail Salon

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

1,474
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial lot near OHSU with city and mountain views.
Where is this commercial land located?
The property is located at 4530 S KELLY 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: Unobstructed VIEWS! City, River, Mountains.; Central Commercial (CX) Zoned Lot: Broad Range of Uses Allowed.; Development Potential: High Density Possible.
More about this property
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