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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Eleanor Ave Portland, OR 97229

20,038 SF 0.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.46-acre commercial land parcel, totaling 20,038 square feet, presents a unique investment opportunity in Portland's desirable Bethany Crossing. Located at NW Eleanor Ave, 97229, within Multnomah County, this Class A property boasts a prime location within the North Bethany Master Plan, surrounded by a dense residential neighborhood. The property's zoning, designated NCC (NB Neighborhood Corner Commercial District), allows for a variety of uses, including bars, convenience stores, and restaurants, with the added potential for residential units above the ground floor. The asking price is $600,000, translating to approximately $29.95 per square foot. This corner lot offers exceptional visibility and accessibility, making it ideal for a range of retail and service businesses. Its proximity to numerous local restaurants and retailers, and its convenient location just 4 miles south of the Tanasbourne area, further enhances its appeal. The APN is R2223459. This is a rare opportunity to acquire a highly desirable commercial development pad in a thriving Portland neighborhood. Don't miss out on this chance to establish your business in a prime location with significant growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Total area 20,038 SF
Lot 0.46 ac (20,038 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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