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969 SW 2nd Ave 4000, Portland, OR 97204 — photograph 1

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969 SW 2nd Ave 4000, Portland, OR 97204 — photograph 1
0.33 Acres

969 SW 2nd Ave 4000, Portland

$3,500,000

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ActiveMLS®: 258454436Listing held by another brokerage, marked RMLS
Lot size
14,375 sqft
Property type
Land
Days on market
219

Overview

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

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
14,375 sqft
Lot features
Corner Lot
View
No

Schools

High school
Other
Middle school
Other
Elementary school
Other

Location

City
Portland
County
Multnomah
Zoning
PCX

Taxes and dues

Annual taxes
$62,853 (2025)

Location

969 SW 2nd Ave 4000, Portland, OR 97204

Map showing the location of 969 SW 2nd Ave 4000, Portland, OR 97204
© Mapbox © OpenStreetMap

Monthly payment estimate

$23,866 /mo

20% · $700,000
7.00%
Principal and interest
$18,628
Property tax (2025)
$5,238
Total
$23,866

Estimate only, and not an offer of credit. Assumes 20% down ($700,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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