Redevelopment Opportunity in Central Business District

731 SW Morrison St, Portland, OR

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For Sale

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Rare redevelopment opportunity in Portland's bustling retail core.

Type:OFFICE

Property size:

16,605 SF

Lot size:

0.12 Acres

HighLights

Prime location in the central business district, across from Nordstrom.
Redevelopment opportunity to create a downtown Portland destination.
Significant building size: ± 16,605 sf total.
Favorable zoning: CX – Central Commercial, with a high FAR of 12:1 (3:1 bonusable).
Served by an elevator to all 3 levels.
Historic building (built in 1911) with potential for unique character.

We can help!

Listing Contact

Nathan Sasaki

For Sale

Contact for pricing

Rare redevelopment opportunity in Portland's bustling retail core.

Type:OFFICE

Property size:

16,605 SF

Lot size:

0.12 Acres

Added:: Aug 17, 2023
Days on Market:: 1036
Last Refresh:: May 19 at 10:15 pm

Property Features for 731 SW Morrison St

General Information

Standard status: Active
Size: 16,605 SF
Lot size: 0.12 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Nathan Sasaki

Listing agent Nathan Sasaki

Listing office Apex Real Estate Partners

Listing date Aug 17, 2023

Source Moodyscre

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 Apex Real Estate Partners

HighLights

Prime location in the central business district, across from Nordstrom.
Redevelopment opportunity to create a downtown Portland destination.
Significant building size: ± 16,605 sf total.
Favorable zoning: CX – Central Commercial, with a high FAR of 12:1 (3:1 bonusable).
Served by an elevator to all 3 levels.
Historic building (built in 1911) with potential for unique character.

Overview

This property presents a redevelopment opportunity in the central business district. The building, constructed in 1911, offers historic charm and the potential for reinvention. The building has a total area of approximately 16,605 square feet, including a lower level with approximately 6,923 square feet, a ground level with approximately 5,000 square feet, and a second level with approximately 4,682 square feet. A mezzanine level adds approximately 1,227 square feet. The building spans three stories, and is served by an elevator to all levels. The land size is approximately 5,000 square feet, or approximately 0.11 acres. Zoned CX – Central Commercial, the site allows a maximum height of 460 feet and a FAR of 12:1 (3:1 bonusable).

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.68
Latitude: 45.5197

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For sale
Retail space
OR
Portland
731 SW Morrison St

What type of property is this?

Retail space - Rare redevelopment opportunity in Portland's bustling retail core.

Where is this retail space located?

The property is located at 731 SW Morrison St Portland, OR.

What are key features of this property?

This property features: Prime location in the central business district, across from Nordstrom.; Redevelopment opportunity to create a downtown Portland destination.; Significant building size: **± 16,605 sf total.**

731 SW Morrison St, Portland, OR

Rare redevelopment opportunity in Portland's bustling retail core.

Property Features for 731 SW Morrison St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

Modern 4-Unit Residential Property

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

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