George Hofer - Coldwell Banker Walla Walla Logo
$1,399,900
( $205.57Per Sq Foot )
 $7,515 est/mo Sourced by Back At You

16721 SE Division St,Portland, OR 97236

Portland, OR 97236

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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.

Details

MLS #586789971
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusPending
Year1947
Days On Site534
Listing Provided ByThe A Realty LLC | Amit Amshalom

Features

SQ Feet6,810
Story(s)1
Building(s)3
ZoningCN2
Acreage1.10

Interior

HeatingOther
Heating YnNo
Cooling YnNo

Parking

Attached Garage YnNo
Parking FeaturesOn Site

Taxes

Property5273

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97236
Listing VS Median (in 97236)
Price:
$1,399,900
low | high
Med:
$415,000
100% of Average
sqft:
6,810
low | high
Med:
1,423
100% of Average
$ / sqft:
$206
low | high
Med:
$292
8.129109412845% of Average
On site:
534
low | high
Med:
32
100% of Average
Sourced by Back At You

Market Activity 97236

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Contact

Learn More About This Property

George Hofer

George Hofer

Coldwell Banker Walla Walla

 (509) 520-4156ghofer@wallawallacb.com
StateOR
CountyMultnomah
CityPortland
Zip Code97236
Listing VS Median (in 97236)
Price:
$1,399,900
low | high
Med:
$415,000
100% of Average
sqft:
6,810
low | high
Med:
1,423
100% of Average
$ / sqft:
$206
low | high
Med:
$292
8.129109412845% of Average
On site:
534
low | high
Med:
32
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 5:16:38 AM PDT