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Property Detail

Northeast Broadway
Value-add opportunity located in Portland’s Hollywood District and offering proximity to Interstate
$225,000

Description

  • Value-add opportunity located in Portland’s Hollywood District and offering proximity to Interstate 84.
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  • CM3 zoning, affording usage flexibility for this easily accessible landmark asset.
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  • Major employers within the Portland metro area include Nike, Adidas, Boeing, Intel, Columbia, and more.
  • Receivership investment, prominently located, and listed on the National Register of Historic Places.
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  • 3300-3324 NE Broadway Street is located approximately 15 minutes from Downtown Portland and Portland International Airport.

Executive Summary

The Aircraft Factory, also known as Gordon’s Fireplace Building, is a unique development opportunity at 3300-3324 NE Broadway Street in Portland’s historic Hollywood District. This property, built in 1918, is situated on a 0.41-acre lot and offers a total building area of 25,665 square feet, making it ideal for diverse commercial and mixed-use projects. Zoned CM3, the property allows for various development possibilities, all while preserving its place as part of Portland’s historical fabric.
The location is highly visible from Interstate 84, providing excellent exposure and easy access to major Portland metro thoroughfares, including just a 15-minute drive to Portland International Airport and Downtown Portland. With a Walk Score of 95, Bike Score of 84, and Transit Score of 67, the area is exceptionally walkable and accessible. The surrounding neighborhood is vibrant, with a population of approximately 30,433 people within a 1-mile radius and an average household income exceeding $163,000.
This prime location in a dynamic community offers investors the chance to transform a piece of Portland’s history into a modern, thriving space.

Receivership Value-Add

Listing ID : 00604

SKU: 604

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Price History

DateEventPrice
December 4 2024Listed$225,000.00