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    2734-2738 Alberta St Portland, OR 97211

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    2734-2738 Alberta St Portland, OR 97211


    • Retail space
    • 4,748 SF
    • 0.06 lot acres
    Off-Market
    Last Sale Jul 16, 2024
    $377,620
    Property ID
    US71-0692324
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2734-2738 Alberta St

    Year built
    1917
    Lot size
    0.06 lot acres
    Property size
    4,748 SF
    Zone code
    CSH
    Property type
    Retail space
    APN
    1N1E24BC 01800
    APU
    1N1E24BC01800

    Description

    This exceptional 2,500 square foot commercial lot is ideally situated in Portland, Oregon's vibrant Alberta Arts District at 2734-2738 NE Alberta St, zip code 97211. The property boasts a CM2 zoning designation, allowing for a diverse range of development opportunities. This includes retail, office space, residential units, and limited manufacturing, with potential for buildings up to four stories (or five with bonus provisions). The lot's location offers unparalleled access to public transportation, being situated directly on a TriMet bus line and a short distance from a popular bike boulevard. Its corner location ensures high visibility and accessibility. The surrounding area is thriving, featuring a rich mix of established businesses, including Pine State Biscuits, Great Notion Brewing, Euphoria Food, Wun Two barber, Lesley Evers clothing, Chilango Vegan Mexican, a food cart pod, Thicket Garden Center, The Knock Back, Le Chat Du Cafe, and Baerlic Beer Co., among many others. The CM2 zoning allows for a 2.5:1 Floor Area Ratio (FAR), increasing to 4:1 with bonus provisions. Parking requirements vary depending on the proposed use and proximity to transit. This presents a unique investment opportunity in a highly sought-after location with significant development potential. The asking price for this remarkable property is $495,000.


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    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.637
    Latitude
    45.5589
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,039
    $0.00
    $0.00
    $39,200
    -
    $142,190
    $1,292,780
    $1,434,970
    More about this property
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