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SW 3rd Ave & SW Oak St
Portland, OR 97204

Price Upon Request

Land For Sale  •  0.23 AC

Property Details

  • Property Type Land
  • Lot Size 0.23 AC
  • Zoning Central Commercial (CXd)
94 Transit Score
99 Walk Score

Description 

CBRE, as exclusive advisor, is pleased to present the opportunity to acquire the SW 3rd & Oak site, an approximately 10,000 square foot development site in downtown Portland, Oregon. 
The Site is located within a Quali?ed Opportunity Zone and is surrounded by job centers, lifestyle amenities and boasts superior access to transit.

Highlights

OPPORTUNITY ZONE: The SW 3rd & Oak site is located within a Qualified Opportunity Zone.
ACCESS TO TRANSIT: The site is only two blocks away from the MAX light rail, has convenient access to all MAX lines, as well as numerous bus stops.
PROXIMITY TO MAJOR EMPLOYERS: Located in Portland's CBD and there are approximately 272,000 employees within two-miles of the site.
FUTURE MULTIFAMILY IS SCARCE: Apartment demand continues to escalate, while occupancy rates and rents are forecasted to keep increasing.
HOTEL SITE: Its location in Portland's CBD, within close proximity to large employers and amenities makes the site will suited for hotel development.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 3 min 12 min 0.7 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 16 min - 8.3 mi
Transit/SubwayDriveWalkDistance
Sw 5Th & Oak (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), Portland Vintage Trolley - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 2 min 0.1 mi
Oak/Sw 1St Avenue (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 2 min 0.1 mi
Sw 6Th & Pine (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), Portland Vintage Trolley - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 3 min 0.2 mi
Morrison/Sw 3Rd (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 4 min 0.2 mi
Skidmore Fountain (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 5 min 0.3 mi
AirportDriveWalkDistance
Portland International 21 min - 12.4 mi
Graham Taylor 503-221-4830 CBRE, Inc.
Graham Taylor 503-221-4830 CBRE, Inc.