4739 N Interstate

Investment Overview

0.52 AC of prime commercial re-development land in one of Portland's most active development corridors. The Property is currently built as an operating motel. It is zoned CM-3 Commercial Mixed Use, with a FAR of 3:1 (5:1 with bonuses). It sits directly on the MAX Yellow Line and N Interstate Ave, one of the city's primary north-south arterials.

Area Overview

The Overlook neighborhood includes prosperous residential neighborhoods, one of Portland's industrial centers at Swan Island, the Adidas North American Headquarters, and dense commercial and multifamily development along N Interstate Ave. It also features stunning views of the Portland skyline from Overlook Park, Mock's Crest, and the Dog Bowl.

Highlights

• Inside of a DDA boundary
• Existing pylon signage on N Interstate
• Potential for additional off-market square footage if Buyer prefers
• Easy access to I-5 (less than 1/4 mile to the Southbound on-ramp off N Going St)
• Site adjacent to MAX Light Rail Line
• Land is level
• Off-site connections on N Interstate Ave
• Existing curb cuts on both N Interstate Ave and N Wygant St