
Improved Commercial Land for Sale in Portland, Oregon
5263 NE MLK Jr Blvd, Portland, OR 97211
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.
Location
- Street address
- 5263 NE MLK Jr Blvd
- County
- Multnomah County
- Zip code
- 97211
- Elevation
- 208 feet
Property details
- Acreage
- 1.6 acres69,696 sq ft
- Zoning
- CM3
- MLS #
- RMLS 311665647
- Posted
Property taxes
- Recent
- $4,414
Parcels
- R611000
Legal description
VANPORT SQUARE CONDOMINIUMS, LOT 11
Details and features
Listing
- Type
- Commercial Sale
Structure
- Heating
- Forced Air, Zoned
- Cooling
- Central Air
- Materials
- Block, Concrete, Metal Frame
- Roof
- Flat
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 25, 2026 | New listing | $450,000 | — | RMLS |






















