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Listed by Keller Williams Realty Portland Premiere • 503-313-8262

$600,000

Est. payment - /mo

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5,967 Sqft Lot

Active

240 NE M L KING BLVD Portland, OR 97232

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 448098199

HOA Y/N No

Annual Tax Amount $16,220

Tax Year 2025

Lot Size 5,967 Sqft

Property Sub-Type Mixed Use

Property Description

Seize this rare opportunity to acquire a developable 5,949 SF lot currently improved as a parking lot, located adjacent to I-84 and MLK Boulevard. EX Central Employment zoning allows high density residential, commercial, and light industrial uses, offering exceptional flexibility for mixed use or employment focused development. Prime urban infill location with excellent freeway access and strong visibility, well positioned for developers seeking a strategic site with long term upside in a central Portland corridor.

Location

State OR

County Multnomah

Area _142

Zoning EX

Exterior

Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable

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Garage No

Building

Lot Description Corner Lot, Gated

Schools

Elementary Schools Buckman

Middle Schools Hosford

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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