1800 Water Ave Portland, OR 97214
- Commercial real estate
- 1.18 lot acres
Current Use by Public Records
- NELLANS Vega Ballet / Ballet School
- Village Home Educ Resource Center / Educational Consultant
Property Details for 1800 Water Ave
- Lot size
- 1.18 lot acres
- Property type
- Commercial real estate
- APN
- R238700
Description
This exceptional 1.18-acre development opportunity in Portland, Oregon, presents a unique investment prospect. Located at 1800 SE Water Ave, in Multnomah County (zip code 97214), the property boasts 330 feet of frontage along SE Water Avenue, offering unparalleled visibility. The site is zoned EX - Central Employment (APN R238700), allowing for a wide range of development possibilities. Three existing buildings totaling 14,172 square feet are currently on the site, adding to the potential. The maximum floor area ratio (FAR) is 2:1, providing significant buildable space. This location offers exceptional access to public transportation, being within walking distance of the Portland Streetcar. Enjoy stunning views of the Portland waterfront and downtown skyline, while also benefiting from the proximity to local parks, restaurants, and retail establishments. Furthermore, this property is situated within an Opportunity Zone, presenting additional investment incentives. The total available space, including the existing buildings, is 51,252 square feet. Contact us for pricing information.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.66585875799
- Latitude
- 45.50961373979
