Downtown Parking Development Site

969 SW 2nd AVE #4000, Portland, OR 97204

View on Map

For Sale

$3,750,000

Surface parking lot with permitting progress for a potential food cart pod development in central downtown Portland.

Type:Unimproved Land

HighLights

Surface parking lot in central downtown Portland currently operating for income/cash flow
Permitting is almost complete to develop the unused portion into a food cart pod
Parcel is located at SW 2nd Ave & Salmon St in downtown Portland with high visibility
Utilities available: electricity, natural gas, public sewer, and water
Property is next to the courthouse and within walking distance to the riverfront

We can help!

Listing Contact

Bradley King

Learn more

For Sale

$3,750,000

Surface parking lot with permitting progress for a potential food cart pod development in central downtown Portland.

Type:Unimproved Land

Added:: Mar 23, 2026
Days on Market:: 80
Last Refresh:: Jun 6 at 2:39 pm

Property Features for 969 SW 2nd AVE #4000

General Information

Standard status: Active
Property subtype: Unimproved Land

We can help!

Listing Contact

Bradley King

Listing agent Bradley King License #201235429

Listing office Keller Williams Realty Portland Premiere

Listing date Mar 23, 2026

Source Kw

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 Keller Williams Realty Portland Premiere

HighLights

Surface parking lot in central downtown Portland currently operating for income/cash flow
Permitting is almost complete to develop the unused portion into a food cart pod
Parcel is located at SW 2nd Ave & Salmon St in downtown Portland with high visibility
Utilities available: electricity, natural gas, public sewer, and water
Property is next to the courthouse and within walking distance to the riverfront

Overview

This downtown parcel is currently operating as a surface parking lot, providing an income-producing use while development work moves forward. The owner is almost through the permitting process to develop the unused portion of the site into a food cart pod, with conceptual plans already in place. The configuration supports an active parking operation while allowing for alternative development approaches for the right buyer.

The property is located in the center of Downtown Portland at the corner of SW 2nd Ave and Salmon St. Public remarks indicate strong pedestrian activity throughout the day and evening, with the site described as next to the courthouse and within walking distance of the waterfront.

For buyers or investors, the site offers flexibility: it can continue as an operating parking asset while pursuing the permitted direction for a food cart pod, or it can be evaluated for other development possibilities consistent with the parcel’s location and layout. This is a land offering where near-term permitting progress and the existing parking use provide practical options for an operator or developer looking for an in-city site.

Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

Similar Places Nearby

Enterprise Rent-A-Car — 310 SW Lincoln St, Portland, OR 97201
Portland Van Rental — 2061 SW 4th Ave #704, Portland, OR 97201
Car Rental Portland — Broadway Plaza, 2121 SW Broadway Dr UNIT 210, Portland, OR 97201
Mitch Smith — 2001 SE 2nd Pl, Portland, OR 97214
Kyte Car Rental PDX HQ — 2020 SW 4th Ave, Portland, OR 97201

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.6758219
Latitude: 45.5162765

Nearby Similar for Sale

$2,000,000

6,070 SF

Six-Unit Apartment Community

2019-built six-unit community with in-unit laundry and off-street parking on a low-density lot.

8300 SE Flavel St, Portland, OR 97266

View Details
$629,990

3,120 SF

Single-Level Fourplex with Garages

Four 2-bedroom units each with a fenced yard, detached garage, and washer/dryer hookups.

18321 NE WASCO St, Portland, OR 97230

View Details
$4,313,900

11,578 SF

Detached Cottage Multifamily Portfolio

Twelve new construction detached two-bedroom cottages with modern in-unit features and efficient mini-split climate control.

7033 SE 60th Ave, Portland, OR 97206

View Details
$1,739,900

4,868 SF

New Construction Cottage Portfolio

Four detached homes near St. Johns with strong rental potential.

6603 N Seneca St, Portland, OR 97203

View Details
$1,969,900

4,815 SF

New Multifamily Investment by Park

Five-unit townhome investment across from Peninsula Park in Portland, Oregon.

6179 N Albina Ave, Portland, OR 97217

View Details
$899,000

5,982 SF

Versatile Commercial Property with Warehouse

Mixed-use property featuring storefronts, restaurant, and warehouse space.

1218 N Killingsworth Street, Portland, OR 97217

View Details
$2,889,900

7,179 SF

Rose City Park Multifamily Investment

New 7-unit multifamily property in Portland's Rose City Park.

2938 NE 62nd Ave, Portland, OR 97213

View Details
$1,979,900

4,588 SF

New Cottage Homes in Beaumont-Wilshire

Four newly built detached cottage homes in NE Portland.

4895 NE CESAR E CHAVEZ Blvd, Portland, OR 97211

View Details
$1,200,000

3,950 SF

Four-Unit Residential Income Property

Four-unit setup with covered parking and updated exterior elements suitable for income-focused ownership.

12369 SW WALNUT St, Portland, OR 97223

View Details
$589,000

3,111 SF

Craftsman Triplex with Three Meters

1910 Craftsman triplex with three electric meters and hot water tanks, recently improved exterior systems, and interiors needing updates.

535 NE KNOTT St, Portland, OR 97212

View Details
$699,999

3,892 SF

North Portland Mixed-Use Triplex

Cash-flowing triplex with commercial flexibility in a prime location.

7521 N GLOUCESTER Ave N, Portland, OR 97203

View Details
$799,999

3,438 SF

Classic Irvington Duplex with Income

Spacious Portland duplex with market rents and further potential.

1917 1919 NE 10TH Ave NE, Portland, OR 97212

View Details

For sale
Parking lots & garages
OR
Portland
97204
969 SW 2nd AVE #4000

What type of property is this?

Parking lot & garage - Surface parking lot with permitting progress for a potential food cart pod development in central downtown Portland.

Where is this parking lot & garage located?

The property is located at 969 SW 2nd AVE #4000 Portland, OR.

What is the asking price?

The asking price for this property is $3,750,000.

What are key features of this property?

This property features: Surface parking lot in central downtown Portland currently operating for income/cash flow; Permitting is almost complete to develop the unused portion into a food cart pod; Parcel is located at SW 2nd Ave & Salmon St in downtown Portland with high visibility

969 SW 2nd AVE #4000, Portland, OR 97204

Surface parking lot with permitting progress for a potential food cart pod development in central downtown Portland.

Property Features for 969 SW 2nd AVE #4000

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

Craftsman Triplex with Three Meters

North Portland Mixed-Use Triplex

Classic Irvington Duplex with Income

FAQs

Create New Password