Downtown Portland Development
For Sale
Contact for pricing
969 SW 2nd Ave, Portland, OR 97204
Highly visible downtown Portland parcel with development potential.
Property SizeContact for details
Days on Market145
Property Features for 969 SW 2nd Ave
General Information
Standard status
Active
Property subtype
Land
Zoning
Portland-CX
Listing Agency:
KW Commercial Portland Premiere
(503) 313-8262
Listed By:
Bradley King · License #OR 201235429
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Aug 8 at 6:32AM
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 KW Commercial Portland Premiere
Investment Insights
Based on property information with market context.
This downtown Portland parcel, currently operating as an income-generating surface parking lot, presents an exceptional acquisition opportunity. Situated in the heart of the city on SW 2nd Ave, the site benefits from outstanding foot traffic, accessibility, and urban exposure. The current owner is nearing completion of the permitting process to develop the unused side of the parcel into a food cart pod, a popular and profitable commercial format in Portland. Food cart pods have become a cornerstone of Portland's culinary culture, attracting consistent local and tourist traffic. Located in the center of Downtown Portland next to the Court House and within walking distance of the river front, the property experiences strong surrounding daytime and evening pedestrian activity. Conceptual plans exist for a food cart pod. The parcel's flexibility allows for various development directions for the right buyer or investor. This downtown location offers rare flexibility in one of Oregon's most dynamic urban markets, whether executing the food cart pod vision or exploring alternative development possibilities. The property is located in prime SW Portland and has high visibility.
Key Highlights
- Prime downtown Portland location with high visibility and foot traffic.
- Permitting process nearly complete for a food cart pod development.
- Existing cash flow from current surface parking operation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 97204, OR
1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent
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 - Highly visible downtown Portland parcel with development potential.
Where is this commercial land located?
The property is located at 969 SW 2nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime downtown Portland location with high visibility and foot traffic.; Permitting process nearly complete for a food cart pod development.; Existing cash flow from current surface parking operation.
