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409 NW Glisan St 0.46 Acres of Commercial Land Offered at $5,838,310 CAD in Portland, OR 97209
Investment Highlights
- For Sale or Lease
- Neighbors Broadway Corridor Project
Executive Summary
CBRE Capital Markets, as exclusive advisor, is pleased to present a rare opportunity to acquire 0.46 acres (20,000 SF) of high-density, centrally zoned commercial land located in Portland’s Old Town neighborhood.
Investors have a rare chance to actively shape the future of downtown Portland’s urban core. Just two blocks east of the Broadway Corridor Project site, this property offers a strategic location to capture the anticipated growth and revitalization.
Investors have a rare chance to actively shape the future of downtown Portland’s urban core. Just two blocks east of the Broadway Corridor Project site, this property offers a strategic location to capture the anticipated growth and revitalization.
Property Facts
| Price | $5,838,310 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| Sale Condition | Lease Option | Total Lot Size | 0.46 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | CX - Central Commercial High Density with d (Design) Overlay | ||
| Price | $5,838,310 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.46 AC |
| Opportunity Zone |
Yes |
| Zoning | CX - Central Commercial High Density with d (Design) Overlay |
1 Lot Available
Lot
| Price | $5,838,310 CAD | Lot Size | 0.46 AC |
| Price Per AC | $12,719,630.09 CAD |
| Price | $5,838,310 CAD |
| Price Per AC | $12,719,630.09 CAD |
| Lot Size | 0.46 AC |
This highly visible parcel offers exceptional potential for development in the heart of the city, with unmatched access to major transit, vibrant local amenities, and the dynamic energy of Portland’s urban core.
1 1
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
100/100
Property Taxes
| Parcel Number | R141458 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,198,763 CAD |
Property Taxes
Parcel Number
R141458
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,198,763 CAD
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409 NW Glisan St
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