4530 S KELLY, Portland, OR 97239

Building Details

Year Built

1972

Listing agent PEGGY HOAG License #910600149

Listing office HOAG REAL ESTATE l***@peggyhoag.com Show Phone

Listing date Mar 30, 2026

Source Corcoran

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.6153457

Latitude

45.4993936

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FAQs

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.