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
Active
Price cut: $250K (6/15)
$3,500,000
969 SW 2nd Ave #4000, Portland, OR 97204
--beds
0baths
0.33Acres
Unimproved Land
Built in ----
0.33 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Outstanding foot trafficUrban exposure
- 108 days |
- 194 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Bradley King 503-313-8262,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 258454436
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.33 Acres
- Features: Corner Lot, Level, SqFt 10000 to 14999
Details
- Parcel number: R245990
- Zoning: PCX
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $62,853
- Date on market: 3/23/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Bradley King
Bradley King
(503) 313-8262
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Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $3,500,000-6.7% |
Source: | ||
| 3/23/2026 | Listed for sale | $3,750,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 1.9 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 4.3 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 0.8 mi
- Oregon
- Multnomah County
- Portland
- 97204
- Downtown
- 969 SW 2nd Ave Unit 4000




