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Improved Commercial Land for Sale in Portland, Oregon

5263 NE MLK Jr Blvd, Portland, OR 97211

$450,000
1.6 acres
Active sale
Est $2,667/mo

Rare opportunity to acquire a fully leased two-suite commercial condominium located on the ground floor of Vanport Square, a mixed-use retail and office complex. The Property consists of two separately demised suites, both occupied by tenants on short-term leases, providing immediate cash flow while preserving flexibility for future occupancy.The configuration creates an ideal opportunity for both investors and owner-users. A purchaser may continue operating the Property as an income-producing investment or occupy one suite while generating rental income from the other. The front suite features prominent frontage and visibility along NE Martin Luther King Jr. Boulevard, benefiting from strong exposure to passing vehicle and pedestrian traffic. The Property is further supported by a rear off-street surface parking lot, providing convenient parking for tenants, customers, and visitors.

952
Sq feet
2007
Built

Location

Street address
5263 NE MLK Jr Blvd
Zip code
97211
Elevation
208 feet
Coordinates
45.5614, -122.6618

Property details

Acreage
1.6 acres69,696 sq ft
Zoning
CM3
MLS #
RMLS 311665647
Posted

Property taxes

Recent
$4,414

Parcels

  • R611000

Legal description

Details and features

Listing

Type
Commercial Sale

Structure

Heating
Forced Air, Zoned
Cooling
Central Air
Materials
Block, Concrete, Metal Frame
Roof
Flat

Listing history

DateEventPriceChangeSource
Aug 25, 2026New listing$450,000RMLS
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This 1.6-acre property is located at 5263 NE MLK Jr Blvd in Portland, OR 97211. The property is available for sale, priced at $450,000. It has a 952 square foot structure built in 2007.

Listed by Knipe Realty ERA Powered, (360) 904-4463

Checked 1 hour agoUpdated Source

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