Map of Property

Block 33

For Sale

125 NW 4th Ave, Portland, OR 97209

This Portland property for sale is located at 125 NW 4th Ave. The current listed sale price for Block 33 is $11,000,000. Block 33 is situated on a lot that is 40,000 square feet in size.

Contacts

broker
Tim Parker

Melvin Mark

broker
Bryn Hokkanen

Melvin Mark

Property Details

  • Property Type VacantLand
  • Property Size 40,000 SF
  • Lot Size 40,000 SF
  • Additional Rent Contact for pricing
  • Date Updated Oct 24, 2024

• 40,000 SF, CX zoning full city block • Professionally managed parking lot operated by Parking NW • Located in the heart of Old Town Chinatown • Strong income in place via current parking lot revenue • 2024 budgeted NOI: $500,000 • Pro forma stabilized NOI: $700,000 • Parking revenue continues to increase as tourism trends back to pre-pandemic levels • Recently upzoned; height limit ranging from 125-200’ • Zoning allows for development of Retail, Office, Multifamily, or Mixed-Use, with FAR up to 15:1

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 99/100

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  • 92/100

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  • 99/100

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Location

  • City Portland, OR
  • Neighborhood Old Town Portland - Chinatown
  • Zip Code 97209
  • Market Portland

Points of Interest

  • Northwest 5th & Couch

    0.03 miles

  • Union Station/Northwest 6th & Hoyt

    0.21 miles

  • Northwest 10th & Couch

    0.30 miles

  • Oak Street/Southwest 1st Avenue

    0.31 miles

  • Northwest 11th & Glisan

    0.39 miles

  • Southwest 10th & Alder

    0.41 miles

  • Northwest 10th & Johnson

    0.43 miles

  • Southwest 11th & Alder

    0.43 miles

  • Galleria/Southwest 10th Avenue

    0.44 miles

  • Northwest 11th & Johnson

    0.48 miles

  • Chevron

    0.09 miles

  • Blink

    0.38 miles

  • Tesla Supercharger

    0.48 miles

  • PGE Electric Avenue Downtown Portland

    0.57 miles

  • Shell

    0.77 miles

  • Pacific Pride

    0.88 miles

  • ChargePoint

    0.89 miles

  • Kwik-Gas

    0.93 miles

  • 76

    1.03 miles

  • Astro

    1.07 miles

  • City Center Parking

    0.00 miles

  • U-Park

    0.06 miles

  • PMC

    0.13 miles

  • Broadway Garage

    0.18 miles

  • Ace

    0.18 miles

  • SmartPark

    0.20 miles

  • the Hoxton

    0.06 miles

  • The Society

    0.07 miles

  • Embassy Suites

    0.15 miles

  • Courtyard

    0.22 miles

  • Harlow Hotel

    0.22 miles

  • Hampton

    0.24 miles

  • The Benson

    0.25 miles

  • Hotel Lucia

    0.27 miles

  • Marriott

    0.27 miles

  • Hotel Vintage

    0.29 miles

  • World Foods

    0.24 miles

  • Muji Portland

    0.37 miles

  • Whole Foods Market

    0.42 miles

  • Nordstrom

    0.43 miles

  • Safeway

    0.64 miles

  • Sheridan Fruit Company

    0.68 miles

  • Fred Meyer

    0.87 miles

  • Trader Joe's

    0.98 miles

  • Market of Choice

    1.11 miles

  • Chuck's Market

    1.17 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Block 33