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Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 258454436MLS ProviderContact Information: 503-313-8262

969 SW 2nd AVE #4000Portland, OR 97204

Vacant Land · 0.33 Acres
$3,500,000 Active

969 SW 2nd AVE #4000 Overview

Time on Site:
99 days
Visits:
1

Exceptional opportunity to acquire a highly visible downtown Portland parcel currently operating as an income-generating surface parking lot. Located in the heart of the city at SW 2nd Ave & Salmon St, this site offers outstanding foot traffic, accessibility, and urban exposure.The current owner is almost through the permitting process to develop the un-used side of the parcel into a food cart pod ' one of Portland's most iconic and profitable commercial formats. Food cart pods have become a cornerstone of Portland's culinary culture, drawing consistent local and tourist traffic. The parcel's flexibility allows for various development directions for the right buyer or investor.Whether you execute the food cart pod vision or explore alternative development possibilities, this downtown location offers rare flexibility in one of Oregon's most dynamic urban markets. 'Currently operating as surface parking (existing cash flow)'Conceptual plans for food cart pod'Prime SW Portland address with high visibility & foot traffic'Located in the center of Downtown Portland right next to the Court House, walking distance to the river front. 'Strong surrounding daytime & evening pedestrian activity

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969 SW 2nd AVE #4000 Facts & Features

  • Type Vacant Land
  • Lot 0.33 Acres

Details

General

School Information

  • Elementary School: Other
  • Middle Or Junior School: Other
  • High School: Other

Business Information

  • Current Use: Other

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills

Tax Information

  • Tax Annual Amount: 62853.03
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: R245990
  • Property Sub Type: Mixed Use
  • Property Type: Land
  • Zoning: PCX

Interior

Unit Information

  • Unit Number: 4000

Exterior

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.33
  • Lot Size Square Feet: 14374.0
  • Road Surface Type: Paved

General Information

  • Utilities: ElectricityAvailable,NaturalGasAvailable,PublicSewer,WaterAvailable

969 SW 2nd AVE #4000 Neighborhood

Community

97204 (Portland) Demographics

40
Median Age
3,495
Population Density (per sq. mile)
18%
College Educated
$0
Estimated Median Income
42
Estimated Total Home Owners
470
Estimated Total Renters
8% / 92%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

969 SW 2nd AVE #4000 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

969 SW 2nd AVE #4000 Market Data

Based on the last 30 days in this zip code

$474,500
Average List Price
$286
Average Price per Square Foot
0
Properties Sold
74
Average Days on Market
2
Properties for Sale
Calculations provided by Reliance Network

969 SW 2nd AVE #4000 History

Date Event Value Agent
6/15/2026Source: Regional MLS Price Reduction
$3,500,000 -6.7%
3/23/2026Source: Regional MLS Added to Database
March 23, 2026