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1202 NW Irving St
Portland, OR 97209
Land For Sale · 0.46 AC

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INVESTMENT HIGHLIGHTS

  • Heavy daytime foot traffic
  • Coveted Pearl District location
  • Half city block
  • All utilities stubbed to site

EXECUTIVE SUMMARY

Call for offers October 31, 2025.
Serious offers considered.
Pearl on Irving presents a rare opportunity to acquire a premier development site in Portland’s coveted Pearl District, one of the city’s most dynamic and evolving neighborhoods. Positioned at NW 12th Ave & NW Irving St, the property benefits from unmatched walkability, strong demand drivers, and the continued momentum that has transformed the Pearl District into Portland’s most desirable urban address.
Zoned EXd – Central Employment, the site offers exceptional flexibility, accommodating a broad mix of uses ranging from multifamily residential to creative office, retail, or hospitality. While the property is currently entitled for hotel development, the zoning framework allows future ownership to pursue a variety of strategies aligned with market demand and highest-and-best use.
This is a unique chance to secure a development-ready site in the heart of the Pearl District — and to create the next chapter in one of Portland’s most successful urban transformations.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
Total Lot Size 0.46 AC
No. Stories 1
Zoning EXd - Central Employment - Allows a full range of high density commercial, light industrial, institutional and residential uses.

1 LOT AVAILABLE

Lot

Lot Size 0.46 AC

- Half a city block - Utilities stubbed to site

DESCRIPTION

Formerly developed lot, all utilities stubbed to site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R140734
Land Assessment
$1,549,330 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,549,330 CAD
  • Listing ID: 30994538

  • Date on Market: 2024-02-19

  • Last Updated:

  • Address: 1202 NW Irving St, Portland, OR 97209

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