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21587012
21587013

4550 N Interstate Ave, Portland, OR 97217

JL
OR 200412086
Cushman & Wakefield - Portland, Oregon
Cushman & Wakefield - Portland, Oregon
Listed by Cushman & Wakefield - Portland, Oregon
$1,760,000
484 days on market
Updated 10 days ago

4550 N Interstate Ave - Portland, OR 97217

Details
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 6,639
Net Rentable (SqFt) 6,639
Units 1
Class C
Year Built 1964
Buildings 1
Stories 2
Lot Size (SqFt) 18,700
Zoning CM3 (Commercial Mixed Use 3)
Parking Spaces 14 spaces
Parking Per SqFt 2.11
Investment Type Owner/User

6,639 SF Former Bank Building directly on MAX Light Rail Line | Portland, OR

Marketing description

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.

Investment highlights

  • CM3 (Commercial Mixed Use 3) Allows for Retail, Office & Multi-Family

  • FAR: 3.0 / 56,100 SF of Development Allowed

  • On-Site Surface Parking Lot: 14 Spaces

  • Drive-Thru with 1 Lane - Perfect QSR Opportunity

  • Located on main Portland Arterial (N Interstate Ave)

  • 24,200 Average Daily Traffic (N Interstate Ave @ N Going St)

Listing Contacts

JL
OR 200412086
Cushman & Wakefield - Portland, Oregon
Cushman & Wakefield - Portland, Oregon
Listed by Cushman & Wakefield - Portland, Oregon

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