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16721 SE DIVISION ST Portland, OR $ 1,399,900
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$ 1,399,900 Get more info
16721 SE DIVISION ST
$ 1,399,900
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16721 SE DIVISION ST

Portland, OR, 97236
$ 1,399,900
Bedrooms-- Baths-- Sq 6,810
16721 SE DIVISION ST, Portland, OR 97236 - Image 1
16721 SE DIVISION ST, Portland, OR 97236 - Image 2
16721 SE DIVISION ST, Portland, OR 97236 - Image 3
16721 SE DIVISION ST, Portland, OR 97236 - Image 4
16721 SE DIVISION ST, Portland, OR 97236 - Image 5
16721 SE DIVISION ST, Portland, OR 97236 - Image 6
16721 SE DIVISION ST, Portland, OR 97236 - Image 7
16721 SE DIVISION ST, Portland, OR 97236 - Image 8
16721 SE DIVISION ST, Portland, OR 97236 - Image 9
16721 SE DIVISION ST, Portland, OR 97236 - Image 10
16721 SE DIVISION ST, Portland, OR 97236 - Image 11

Property for Rent in Portland, OR

for $1,399,900. This 6,810 square foot property was built in 1947 on a lot size of 1.1.

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.

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Rental Active

Price

$ 1,399,900

Taxes

$ 5,273

Style

Commercial

Lot Size

1.1

Year Built

1947

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

437890026
Features
General
Sewer PublicSewer
Heating Other
Zoning CN2
Year Built 1947
Sale Includes Building Land
Stories Count 1
Property Subtype Commercial
Tax Year 2024
Current Use Office Restaurant Warehouse
Parcel Number R338045
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions SE Division St
City Portland
MLS Area _143
Lot Size Square Feet 47916.0
Listing Terms Cash Conventional FHA Other
Tax Annual Amount 5273.1
Lease Type None
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 06 1S 3E TL 5600 0.68 ACRES
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Exterior
Parking Features OnSite
Water Source Other
Number of Buildings 3
Building Area Total 6810.0
Lot Dimensions 259x185
Lot Size Acres 1.1
Road Surface Type Paved
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Internal Only
Street Number 1 16721
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* Excluded Features
List By
Re/Max Equity Group

Broker

amitamshalom@gmail.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/14/2025$1,399,900 -3.46% Price Down
7/8/2025$1,450,000 -3.33% Price Down
5/16/2025$1,500,000 Listed Price

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16721 SE DIVISION ST, Portland, OR, 97236 is a Property for Rent at $1,399,900 with 6,810 sqft and a lot size of 1.1. 16721 SE DIVISION ST was built in 1947. The property's zip code is 97236 which is in Portland, OR

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