Premier Redevelopment Opportunity in NE Portland
Corner Lot with Existing Improvement & Great Visibility
Entrance to the Alberta Arts District Neighborhood

Sale Price: $1,000,000
Building Size: 3,243 SF
Land Area: 8,500 SF (~0.195 AC)

Property Features:
• Premier Redevelopment Property at the Gateway to Northeast Portland’s Alberta Arts District
• Ideal for Multifamily, Mixed-Use, Retail, Office Uses and More - See Full Zoning Table
• 2.5 to 1 Maximum FAR with Bonus; 35’ Maximum Height with Bonus
• 3,243 SF 2-Story Building: 1,651 SF 2br/1ba Renovated 2nd-Floor Apartment w. Large Balcony | 1,592 SF Ground Floor Commercial Space (Originally Grocery, Currently Artist Studio) | 768 SF Unfinished Basement

Location Features:
• Entrance to the Alberta Arts District Shopping Corridor on NE Alberta St
• Walking Distance to Shops, Restaurants, Amenities and TriMet Transit
• Corner Location at Signalized Intersection of NE 33rd Ave & NE Alberta St
• Immediately Adjacent to TriMet Line 70 Bus Stop at Intersection
• Highlights in Vicinity Include New Seasons, Alberta Rose Theater, McMenamins Kennedy School, Bella Pizza, DarSalam, Vita Cafe, Angel’s Donuts & Ice Cream, Gladys Bikes, Stella Taco, Akasaru Ramen, The Station Pizza Pub, Monograph Bookwerks, Peak Performance NE Gym, Thai Noon, The Waffle Window, Salt & Straw, Boxer Ramen, Petite Provence

Alberta Street Redevelopment Lot
4931 NE 33rd Ave
Portland, OR 97211

Price: Price
Acres: .2
Type: LAND
Multi-Family Land