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409 SE Martin Luther King Jr Blvd
Portland, OR 97214 Central Eastside

$2,975,000 USD

Supermarket For Sale  •  12,484 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 12,484 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1929
  • Tenancy Single
  • Zoning EXD
80 Transit Score
90 Walk Score

Highlights

High-visibility corner location on SE MLK Jr. Blvd with strong traffic counts.
Flexible EXd zoning allows for commercial, residential, or mixed-use projects.
±12,484-square-foot building includes showroom, warehouse, and mezzanine.
Central Eastside location minutes from downtown and major Portland bridges.
On-site parking with additional extensive street parking availability.
Future redevelopment potential with 6:1 FAR and 100-foot base height limit.

Property Flyers

Amenities

  • Bus Line
  • Metro/Subway
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 5 min - 1.5 mi
Beaverton Tc Wes Station (WES Commuter Rail - TriMet) 18 min - 9.2 mi
Transit/SubwayDriveWalkDistance
Se M L King & Stark (Portland Streetcar - A Loop - Portland Streetcar) 0 min 1 min 0.1 mi
Se Grand & Stark (Portland Streetcar - B Loop - Portland Streetcar) 0 min 2 min 0.1 mi
Se M L King & Morrison (Portland Streetcar - A Loop - Portland Streetcar) 0 min 4 min 0.2 mi
Se Grand & E Burnside (Portland Streetcar - B Loop - Portland Streetcar) 1 min 5 min 0.3 mi
Se Grand & Belmont (Portland Streetcar - B Loop - Portland Streetcar) 2 min 6 min 0.4 mi
AirportDriveWalkDistance
Portland International 19 min - 11.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
David Hill 503-724-3540 Kidder Mathews
David Hill 503-724-3540 Kidder Mathews