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4550 N Interstate Ave
Portland, OR 97217
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CM3 (Commercial Mixed Use 3) Allows for Retail, Office & Multi-Family
- On-Site Surface Parking Lot: 14 Spaces
- Located on main Portland Arterial (N Interstate Ave)
- FAR: 3.0 / 56,100 SF of Development Allowed
- Drive-Thru with 1 Lane - Perfect QSR Opportunity
- 24,200 Average Daily Traffic (N Interstate Ave @ N Going St)
EXECUTIVE SUMMARY
Owner / user opportunity or potential re-development site with favorable zoning and development options available.
Extremely high visibility - located on the SE corner at N Interstate Ave and N Going Street, this former bank building is along the popular N/S-bound MAX yellow line, with a major stop right out front. Popular neighbors that drive this high traffic area include Taco Bell and Plaid Pantry - located at the same signalized intersection.
The property includes a 2 story building (main and basement), 14-stall parking lot, drive-thru and two (2) monument signs. Development opportunity offers a 3.0 FAR and Commercial Mixed-Use 3 (CM3) zoning - allowing up to 56,100 SF of retail, office or multi-family.
Extremely high visibility - located on the SE corner at N Interstate Ave and N Going Street, this former bank building is along the popular N/S-bound MAX yellow line, with a major stop right out front. Popular neighbors that drive this high traffic area include Taco Bell and Plaid Pantry - located at the same signalized intersection.
The property includes a 2 story building (main and basement), 14-stall parking lot, drive-thru and two (2) monument signs. Development opportunity offers a 3.0 FAR and Commercial Mixed-Use 3 (CM3) zoning - allowing up to 56,100 SF of retail, office or multi-family.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,460 SF
Building Class
C
Year Built
1964
Price
$3,458,475 CAD
Price Per SF
$535.37 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.43 AC
Zoning
CM3 - CM3 (Commercial Mixed Use 3)
Parking
14 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Banking
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $39,012 CAD | Total Assessment | $1,269,302 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$39,012 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,269,302 CAD
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