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8524 N Crawford St - Steel Hammer Site 4.45 Acres of Industrial Land in Portland, OR 97203

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INVESTMENT HIGHLIGHTS

  • Large Mixed Use Development Site; Upgrade streets and utilities coming in 2026.

EXECUTIVE SUMMARY

Call for very economical Pricing. This 4.46 acre property is highly unique opportunity for redevelopment in the growing and gentrifying St. Johns neighborhood. The site is one of the largest continuous mixed use zoned development sites in the City. Property has spectacular views and access to the river; iconic St. Johns bridge and Forest Park. Access to downtown Portland and Pearl District is only 15 minutes away via Hwy 30/NW Yeon Ave. Smaller parcels (1 acre) can be purchased separately. Example 4 50,000 sf individual parcels. The property is going through a comprehensive plan map amendment process and will be delivered with the mixed use desirable zoning of CM3 estimated to be in Q1 2026. Topography is generally flat and ready for development. A Prospective Purchaser Agreement is in process which will allow any buyer liability protection from any previous contamination. New development can have heights to 55' and FAR 3:1. The property could accomodate more than 500 units with 1:1 parking. Local Improvement District (LID) has been approved by the city which will bring all new streets; curbs; quiet rail crossings: upgraded utilities thus relieving a owner from expensive off site required improvements.

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Research and Development
  • Retail Warehouse
  • Warehouse
Total Lot Size 4.45 AC
No. Stories 1
Zoning EG2

1 LOT AVAILABLE

Lot

Lot Size 4.45 AC

Total of 4.46 acres available for commercial development, perfect for a multi-family: Senior Housing: Views of River: Iconic St. Johns and 5000 acre Forest Park. LID passed by City Council will bring all new streets; curbs; ungraded sewer/water.

DESCRIPTION

This 4.45 acre site represents one of the largest mixed use development sites in the city of Portland. The property layout is well positioned for multiple buildings of apartments or senior housing. Initial layouts could accomodate up to 500 units of housing. The property has unobstructed views of the River; Iconic St Johns Bridge and 5000 acre Forest Park and near the natural area of Willamette Cove. All new streets; curbs; planter strips and upgrade utilities is coming in 2026 with an approved LID that will greatly improve the street frontage on 3 sides of the property. Portland's core areas and Pearl District are less than 15 minutes travel time away. Property can bought whole or as individual lots. Call for pricing guidance on smaller parcels.

Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R263878
  • R263881
  • R263876
  • R263880
  • R263877
Land Assessment
$744,133 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,520,074 CAD
  • Listing ID: 36722759

  • Date on Market: 2025-07-14

  • Last Updated:

  • Address: 8524 N Crawford St, Portland, OR 97203

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