Map of Property

Block 33

125 NW 4th Ave, Portland, OR 97209

  • For Sale $11,000,000
  • Property Type VacantLand
  • Property Size 40,000 SF
  • Lot Size 40,000 SF
  • Additional Rent Contact for pricing
  • Date Updated Oct 24, 2024

• 40,000 SF, CX zoning full city block • Professionally managed parking lot operated by Parking NW • Located in the heart of Old Town Chinatown • Strong income in place via current parking lot revenue • 2024 budgeted NOI: $500,000 • Pro forma stabilized NOI: $700,000 • Parking revenue continues to increase as tourism trends back to pre-pandemic levels • Recently upzoned; height limit ranging from 125-200’ • Zoning allows for development of Retail, Office, Multifamily, or Mixed-Use, with FAR up to 15:1

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Tim Parker Is this you?

Melvin Mark

broker
Bryn Hokkanen Is this you?

Melvin Mark

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise

  • Transit Score ®

    92/100 Rider's Paradise

  • Bike Score ®

    99/100 Biker's Paradise
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Old Town Portland - Chinatown
  • Zip Code 97209
  • Market Portland

Points of Interest

  • Northwest 5th & Couch

    0.03 miles

  • Union Station/Northwest 6th & Hoyt

    0.21 miles

  • Northwest 10th & Couch

    0.30 miles

  • Oak Street/Southwest 1st Avenue

    0.31 miles

  • Northwest 11th & Glisan

    0.39 miles

  • Southwest 10th & Alder

    0.41 miles

  • Northwest 10th & Johnson

    0.43 miles

  • Southwest 11th & Alder

    0.43 miles

  • Galleria/Southwest 10th Avenue

    0.44 miles

  • Northwest 11th & Johnson

    0.48 miles

  • Chevron

    0.09 miles

  • Blink

    0.38 miles

  • Tesla Supercharger

    0.48 miles

  • PGE Electric Avenue Downtown Portland

    0.57 miles

  • Shell

    0.77 miles

  • Pacific Pride

    0.88 miles

  • ChargePoint

    0.89 miles

  • Kwik-Gas

    0.93 miles

  • 76

    1.03 miles

  • Astro

    1.07 miles

  • City Center Parking

    0.00 miles

  • U-Park

    0.06 miles

  • PMC

    0.13 miles

  • Broadway Garage

    0.18 miles

  • Ace

    0.18 miles

  • SmartPark

    0.20 miles

  • the Hoxton

    0.06 miles

  • The Society

    0.07 miles

  • Embassy Suites

    0.15 miles

  • Courtyard

    0.22 miles

  • Harlow Hotel

    0.22 miles

  • Hampton

    0.24 miles

  • The Benson

    0.25 miles

  • Hotel Lucia

    0.27 miles

  • Marriott

    0.27 miles

  • Hotel Vintage

    0.29 miles

  • Charlie's Deli & Delivery

    0.04 miles

  • Chen's Good Taste

    0.06 miles

  • Republic Cafe

    0.06 miles

  • Golden Horse Seafood

    0.07 miles

  • Old Town Pizza

    0.09 miles

  • 5 Star Food

    0.10 miles

  • Lonesome's Pizza

    0.11 miles

  • Subway

    0.11 miles

  • Sushi Ichiban

    0.12 miles

  • Kasbah Moroccan Cafe

    0.12 miles

  • Pacific Northwest College of Art - Schnitzer Center

    0.25 miles

  • Portland Institute for Contemporary Art

    0.37 miles

  • Pacific University

    0.44 miles

  • Willamette University

    0.56 miles

  • NW Film Center

    0.59 miles

  • Cathedral School

    0.63 miles

  • Le Monde

    0.67 miles

  • Skybridge International

    0.69 miles

  • Lincoln High School

    0.84 miles

  • Saint Mary's Academy

    0.86 miles

  • Joyful Noise

    0.29 miles

  • Moda Tower Child Development Center

    0.39 miles

  • The Children's Garden

    0.59 miles

  • Saint James Child Development Center

    0.74 miles

  • KinderCare

    0.75 miles

  • MetroKids Playground

    0.77 miles

  • Chapman Elementary School @ The Ramona

    0.82 miles

  • Helen Gordon Child Development Center

    0.92 miles

  • Escuela Viva

    1.02 miles

  • Fruit & Flower

    1.24 miles

Frequently Asked Questions

How much does Block 33 cost?

The space currently listed for sale at Block 33 asks for $11,000,000.

What is the total square footage of Block 33?

Block 33 totals 40,000 square feet.

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