- ADDRESS:
- 526 NE ALBERTA ST Portland, OR 97211
- VIDEOS:
- Print this Listing
- Price:
- $1,850,000
- Ft²:
- 0
- Acres:
- 0.23
- MLS#:
- 24595655
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Land
- Zone:
- CM2
- County:
- Multnomah
- Status:
- Active
- Elem:
- MartinL King Jr
- Middle:
- Harriet Tubman
- High:
- Jefferson
- Lot Desc:
- Corner Lot, On Busline, Public Road
- Area:
- Portland Northeast
- Courtesy of:
- eXp Realty, LLC
- Remarks:
- This investment opportunity lies in the heart of NE Portland’s Alberta Arts District, featuring a level corner lot spanning 10,080 square feet with CM2 zoning. The property’s strategic location on Alberta Street, a renowned shopping, dining, and culture hub, guarantees high visibility and foot traffic. With utilities already on site and the potential to expand the current 10,080 square feet footprint to 25,000 sq ft with FAR bonuses, investors can explore a wide range of development options, including affordable housing, retail spaces with patios, or even adaptive reuse of the existing 3,300 square feet, 1907-built house. This versatile property is a gateway to capitalizing on the vibrant atmosphere and growth potential of one of Portland’s most iconic neighborhoods.