$1450000
Price cut: $50K (07-08-2025)
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Bed
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Bath
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6810 SqFt
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54 DOM
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Built: 1947
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Status: Active
Love this home?
16721 SE Division Street presents a compelling redevelopment opportunity in Portland's growing eastern corridor. This 1.10-acre commercial site currently hosts a vacant restaurant, a vacant warehouse building, and a vacant residential structure, providing a substantial potential for repositioning or full redevelopment.The property sits in a high-traffic retail corridor with excellent visibility and accessibility. Located within Portland's Mall 205 Submarket, the site benefits from strong traffic counts averaging over 30,000 vehicles per day and is situated among major retailers including Ross, Rite Aid, and Regal Cinemas in the immediate vicinity.With CN2 (Neighborhood Commercial) zoning, the property allows for a wide range of potential commercial uses and development scenarios. The increasing property values in East Portland and the site's strategic location position this offering as an attractive investment for developers, investors, and owner-users seeking value-add opportunities in a growing Portland submarket.
Listing Provided Courtesy of Amit Amshalom, RE/MAX Equity Group
General Information
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437890026
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Commercial
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54 DOM
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1.1 acres
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6810
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1947
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CN2
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Multnomah
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R338045
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CommercialSale
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Commercial
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SECTION 06 1S 3E, TL 5600 0.68 ACRES
Listing Provided Courtesy of Amit Amshalom, RE/MAX Equity Group
PDXA1 Realty Group data last checked: Jul 25, 2025 00:38 | Listing last modified Jul 08, 2025 13:17,
Source:
Residence Information
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6810
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OnSite
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1
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1947
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No
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Features and Utilities
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Other
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PublicSewer
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Other
Financial
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5273.1
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Cash,Conventional,FHA,Other
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05-15-2025
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No
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No
Comparable Information
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54
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71
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Cash,Conventional,FHA,Other
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$1,500,000
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$1,450,000
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Jul 08, 2025 13:17
Schools
Map
Listing courtesy of RE/MAX Equity Group.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 25, 2025 00:38 | Listing last modified Jul 08, 2025 13:17.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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