Prime Alberta Arts District Commercial Opportunity. Rare chance to acquire a large commercial property in one of Portland’s most vibrant corridors. The open-span shell features 20-foot ceilings and a 90' x 41' footprint, offering flexibility for a variety of uses. Potential highest and best use includes mixed-use development with residential units above retail, office, or food and beverage, including brewery or restaurant concepts. The corner lot provides 116 feet of frontage on Alberta Street, ensuring excellent visibility and strong foot traffic. CM2 zoning and limited nearby inventory further enhance the property’s long-term value in a submarket with consistently low retail vacancy and strong investor demand.
Listing Provided Courtesy of Dennis Kviz, UNIQUE REALT
General Information
501275481
Warehouse
38
DOM
7840.8 SqFt
3700
1907
CM2
Multnomah
R155475
CommercialSale
Warehouse
ELBERTA, BLOCK 3, LOT 1, N 33' OF LOT 2
Listing Provided Courtesy of Dennis Kviz, UNIQUE REALT
Krishna Realty data last checked: Apr 26, 2026 16:49 | Listing last modified Apr 20, 2026 14:02,
Source:
Prime Alberta Arts District Commercial Opportunity. Rare chance to acquire a large commercial property in one of Portland’s most vibrant corridors. The open-span shell features 20-foot ceilings and a 90' x 41' footprint, offering flexibility for a variety of uses. Potential highest and best use includes mixed-use development with residential units above retail, office, or food and beverage, including brewery or restaurant concepts. The corner lot provides 116 feet of frontage on Alberta Street, ensuring excellent visibility and strong foot traffic. CM2 zoning and limited nearby inventory further enhance the property’s long-term value in a submarket with consistently low retail vacancy and strong investor demand.
