5775 Martin Luther King Jr Blvd, Portland, OR 97211
This exceptional 1,765-square-foot freestanding former bank building presents a unique investment opportunity in Portland, Oregon. Located at 5775 NE Martin Luther King Jr Blvd, in the desirable 97211 zip code within Multnomah County, this Class B property boasts a convenient drive-thru ATM. Built in 1947, the vacant building offers significant potential for redevelopment or repurposing. The property includes 21 parking spaces, with one ADA-compliant space. Currently zoned CM2 (Commercial Mixed Use), this versatile space allows for a range of commercial uses. The sale is conducted through a modified sealed bid process. Detailed due diligence information is available in the virtual deal room accessible via the provided link. Prospective buyers are responsible for conducting their own due diligence before submitting an offer. The property is being sold "as is".
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Carl's Trading Co Hat Shop
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.