240 Martin Luther King Jr Blvd Portland, OR 97232
- Land
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 240 Martin Luther King Jr Blvd
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 5,949 square foot development opportunity is located at 240 NE Martin Luther King Jr Blvd in Portland, Oregon, within Multnomah County (APN R150150). The property's EX - Central Employment zoning allows for a diverse range of uses, including multi-family residential, retail, office, and industrial development. Its prime location in inner Northeast Portland offers high visibility and accessibility. A significant advantage is the inclusion of an income-producing billboard, generating additional revenue potential. The site is conveniently situated within walking distance of various local businesses, including restaurants and retailers, enhancing its appeal and potential for future development. This centrally located parcel presents a unique chance to capitalize on Portland's thriving real estate market and create a profitable venture. The lot size provides ample space for a variety of development projects, catering to diverse needs and investment strategies. Serious inquiries are encouraged to explore the full potential of this exceptional property. Contact us for pricing details.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.662
- Latitude
- 45.5249
