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
3
DOM
7840.8 SqFt
3800
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: Mar 16, 2026 17:55 | Listing last modified Mar 13, 2026 22:52,
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.
