Prime North Portland commercial opportunity directly across from iconic Peninsula Park. The property offers two units, with existing tenancy on a month-to-month basis.The larger space is a shop/garage with high ceilings, roll-up doors, and excellent adaptive-reuse potential for fitness, creative/production, brewery, showroom, and more.A separate street-facing retail suite overlooks the park and is ideal for a neighborhood café, bakery, or boutique.On-site parking and strong visibility in the growing Albina corridor near N Killingsworth and Interstate Ave, with quick access just off I-5.Compelling value-add for investors or a flexible option for an owner-user, with future redevelopment upside supported by CM1 zoning and a desirable corner location.
Listing Provided Courtesy of Eric Ziegler, Wright Residential
General Information
447798614
Commercial
1
DOM
9583.2 SqFt
5000
1937
CM1
Multnomah
R167344
CommercialSale
Commercial
GAINSBOROUGH & PLAT 2, BLOCK 1, LOT 1, N 41' OF LOT 2
Listing Provided Courtesy of Eric Ziegler, Wright Residential
Krishna Realty data last checked: Nov 26, 2025 04:13 | Listing last modified Nov 25, 2025 16:46,
Source:
Prime North Portland commercial opportunity directly across from iconic Peninsula Park. The property offers two units, with existing tenancy on a month-to-month basis.The larger space is a shop/garage with high ceilings, roll-up doors, and excellent adaptive-reuse potential for fitness, creative/production, brewery, showroom, and more.A separate street-facing retail suite overlooks the park and is ideal for a neighborhood café, bakery, or boutique.On-site parking and strong visibility in the growing Albina corridor near N Killingsworth and Interstate Ave, with quick access just off I-5.Compelling value-add for investors or a flexible option for an owner-user, with future redevelopment upside supported by CM1 zoning and a desirable corner location.
