Freestanding Former Bank
For Sale
Contact for pricing
5775 NE Martin Luther King Jr Blvd, Portland, OR 97211
1,765 SF former bank with drive-thru ATM in Portland.
Property Size1,765 SF
Lot Size0.41 Acres
Days on Market1082
Property Features for 5775 NE Martin Luther King Jr Blvd
General Information
Standard status
Active
Size
1,765 SF
Class
B
Lot size
0.41 Acres
Property subtype
Retail
Building Details
Year Built
1947
Listing Agency:
Capacity Commercial Group
(503) 380-8448
Listed By:
Karen Busteed · License #OR 981000064
Source:
Crexi
Added: Sep 6, 2023
Changed: Aug 13
Last Checked: Aug 20 at 4:19PM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
The property features a 1,765 square-foot freestanding former bank building with a drive-thru ATM. It is situated on an 18,087 square-foot property that includes 21 parking spaces, one of which is ADA-compliant. The zoning is CM2 (Commercial Mixed Use). The property is being sold via a modified sealed bid process. Due diligence information can be found in the virtual deal room on the auction site. Buyers are responsible for completing all due diligence before submitting an offer. To tour the property, interested parties should contact the listing broker. Offers must be submitted by emailing the signed PSA (found in the Virtual Deal Room) to the listing broker by the bid due date.
Key Highlights
- Freestanding 1,765 SF building with drive‑thru ATM
- Favorable CM2 (Commercial Mixed Use) zoning
- 18,087 SF property with 21 parking spaces (including 1 ADA space)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 97211, OR
33,762
Population
15,106
Households
2.2
Avg Household Size
38
Median Age
56%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,755
Density / Sq Mi
$109,604
Median Household Income
$59,171
Median Earnings
$1,818
Median Rent
$616,800
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?
Bank - 1,765 SF former bank with drive-thru ATM in Portland.
Where is this bank located?
The property is located at 5775 NE Martin Luther King Jr Blvd Portland, OR.
What are key features of this property?
This property features: Freestanding 1,765 SF building with drive‑thru ATM; Favorable CM2 (Commercial Mixed Use) zoning; 18,087 SF property with 21 parking spaces (including 1 ADA space)
