Mixed-Use Development Land with
For Sale
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5633 Southeast Division Street, Portland, OR 97206
Development site along SE Division Street with flexible CM2 zoning and an existing cafe/coffee shop for interim income.
Property Size14,040 SF
Lot Size0.32 Acres
Price / SF$85.47
Days on Market138
Property Features for 5633 Southeast Division Street
General Information
Standard status
Active
Size
14,040 SF
Class
A
Lot size
0.32 Acres
Property subtype
Retail, Multifamily, Mixed Use
Zoning
CM2
Occupancy
100%
Investment Type
Redevelopment
Additional Details
Road Access
Yes
Building Details
Year Built
1960
Buildings
1
Units
10
Tenancy
Single
Listing Agency:
Cascade Commercial Real Estate
Listed By:
Todd DeNeffe · License #OR
(503) 705-6380
Source:
Crexi
Added: Apr 23
Changed: Aug 31
Last Checked: Sep 7 at 6:57AM
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 Cascade Commercial Real Estate
Investment Insights
Based on property information with market context.
One-of-a-kind development site totaling approximately 14,000 square feet along SE Division Street in the South Mt. Tabor neighborhood. The property is positioned across the street from Atkinson Elementary and Franklin High School, with Mt. Tabor Park nearby, offering trails, courts, a dog park, picnic areas, and views of downtown Portland.
Development studies indicate potential for up to 50 living units with ground floor retail, subject to approvals. The site also features an existing 1,000-square-foot cafe/coffee shop, which can provide income while design, permitting, and future development are underway. Zoning is described as flexible CM2 mixed use, supporting a range of owner-user or development possibilities.
Development studies indicate potential for up to 50 living units with ground floor retail, subject to approvals. The site also features an existing 1,000-square-foot cafe/coffee shop, which can provide income while design, permitting, and future development are underway. Zoning is described as flexible CM2 mixed use, supporting a range of owner-user or development possibilities.
Key Highlights
- 14,000 SF development site on SE Division in the South Mt. Tabor neighborhood
- Flexible CM2 mixed‑use zoning allows potential for up to 50 living units plus ground‑floor retail
- Existing 1,000 SF cafe/coffee shop can provide income while holding for design and permitting
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
Explore this area
Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development site along SE Division Street with flexible CM2 zoning and an existing cafe/coffee shop for interim income.
Where is this commercial land located?
The property is located at 5633 Southeast Division Street Portland, OR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 14,000 SF development site on SE Division in the South Mt. Tabor neighborhood; Flexible CM2 mixed‑use zoning allows potential for up to 50 living units plus ground‑floor retail; Existing 1,000 SF cafe/coffee shop can provide income while holding for design and permitting
