NE M L KING BLVD, Portland, OR 97211

Property Description

Prime Commercial Development Opportunity in Portland’s Woodlawn Neighborhood. Rare opportunity to acquire a level lot located on NE Martin Luther King Jr. Blvd, just south of NE dekum street. The property benefits from excellent visibility and high traffic exposure along MLK Blvd. Its prominent location provides strong exposure to both vehicular and pedestrian traffic, making it an attractive site for a variety of potential commercial or mixed-use development concepts, subject to applicable zoning and city approvals.The lot is currently leased for parking at $1,600 per month, providing an immediate income stream while offering the potential for future redevelopment. The property is conveniently located near public transportation, neighborhood services, restaurants, retail establishments, and other amenities, adding to its long term development appeal.