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Investment Highlights

  • Unique development site with flexible CM2 zoning (Commercial Mixed Use 2) for sale in SE Portland
  • Existing 3,500 SF office building & 1,500 SF shop/garage
  • 29,155 SF of development land (2 tax lots) with large fenced yard
  • Convenient location in the heart of SE Portland and 1.5 miles to Downtown Portland

Executive Summary

Fantastic opportunity for developers seeking high-density CM2-zoned land in a premier SE Portland location, or for users/investors looking for a functional office or flex space with shop/garage and a large storage yard.

Attachments

28th & Powell_OM

Property Facts

Price $3,016,725 CAD
Price Per SF $603.35 CAD
Sale Type Owner User
Property Type Flex
Building Class C
Lot Size 0.56 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 1954
Tenancy Single
Parking Ratio 0.6/1,000 SF
No. Drive In / Grade-Level Doors 1
Zoning CM2 - Commercial Mixed Use
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
R298776
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$604,188 CAD
  • Listing ID: 39561236

  • Date on Market: 2026-02-24

  • Last Updated:

  • Address: 3526-3540 SE 28th Ave, Portland, OR 97202

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