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Investment Highlights

  • Strong visibility located adjacent to I-84 and MLK Blvd!
  • High density residential, commercial and light industrial uses
  • EX Central Employment zoning - lots of flexibility

Executive Summary

Seize this rare opportunity to acquire a developable 5,949 SF lot currently improved as a parking lot, located adjacent to I-84 and MLK Boulevard. EX Central Employment zoning allows high density residential, commercial, and light industrial uses, offering exceptional flexibility for mixed use or employment focused development. Prime urban infill location with excellent freeway access and strong visibility, well positioned for developers seeking a strategic site with long term upside in a central Portland corridor.
Buyers to do all due diligence.
Email Admin@BradleyKingCRE.com for additional Buyer information including the Development package.

Property Facts

Price $827,364 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Tienda de conveniencia
  • Parking Lot
Total Lot Size 0.13 AC
No. Stories 1
Opportunity Zone Yes
Zoning EX - Central Employment

1 Lot Available

Lot

Price $827,364 CAD
Price Per AC $6,364,338.40 CAD
Lot Size 0.13 AC

Description

flat

Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
R150150
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$850,696 CAD
  • Listing ID: 42055882

  • Date on Market: 2026-09-04

  • Last Updated:

  • Address: 240 NE Martin Luther King Jr Blvd, Portland, OR 97232

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