1. Oregon
  2. Portland
  3. 16721 Se DIVISION St
$1,500,000

16721 Se DIVISION St, Portland, OR 97236

  • 6,810 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon1.1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $220/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

16721 SE Division Street presents a compelling redevelopment opportunity in Portland's growing eastern corridor. This 1.10-acre commercial site currently hosts a vacant restaurant, a vacant warehouse building, and a vacant residential structure, providing a substantial potential for repositioning or full redevelopment.The property sits in a high-traffic retail corridor with excellent visibility and accessibility. Located within Portland's Mall 205 Submarket, the site benefits from strong traffic counts averaging over 30,000 vehicles per day and is situated among major retailers including Ross, Rite Aid, and Regal Cinemas in the immediate vicinity.With CN2 (Neighborhood Commercial) zoning, the property allows for a wide range of potential commercial uses and development scenarios. The increasing property values in East Portland and the site's strategic location position this offering as an attractive investment for developers, investors, and owner-users seeking value-add opportunities in a growing Portland submarket.

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
RE/MAX Equity Group : 503-626-4600
Listing Agent:
Amit Amshalom : 503-998-1747
MLS ID:
437890026
  • Heating: Other

This listing courtesy of Amit Amshalom, RE/MAX Equity Group

Location

Schools Nearby

P

Patrick Lynch Elementary School

1546 SE 169th Pl, Portland, OR, 97233

Grades KG-5

0.47 miles away

C

Centennial Middle School

17650 SE Brooklyn St, Portland, OR, 97236

Grades 6-8

0.60 miles away

C

Centennial High School

3505 SE 182nd Ave, Gresham, OR, 97030

Grades 9-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.