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Hollywood's District Development Opportunity!

$5,600,000

4232 Northeast Sandy Boulevard, Portland, OR 97213

Active
Last Updated: 07/17/2026

0.92 sqft

Lot Area

Multiple

Tenancy

Details:
Lot Area:    0.92 sqft
Tenancy:    Multiple
Seller Financing:    No
Opportunity Zone:    Yes
Description:

Starts at the corner of Sandy Blvd. and NE 43rd Ave. is this Premier "HOLLYWOOD DISTRICT" Development Opportunity! Listing Includes 4 parcels approx. 0.92 acres. The rapidly developing Hollywood district with revitalization occurring in all directions place this site at the heart of development and ready for Grand scale development to mixed use commercial and residential. Ground floor retail, ample room for underground or interior parking, and 4 stories of condos / apartments situate this multiple parcel / lot property in a premium position for large scale development for the highest and best use. **Check out: https://hollywoodinvestmentproperty.com/ for neighborhood details**

This package consisting of 4 parcels

Zoned as CM2

Tax ID: R216668 w/4,279 sf.
Tax ID: R216669 w/17,265 sf.
Tax ID: R216678 w/8.052 sf.
Tax ID: R216670 w/9,865 sf.

2 parcels have existing buildings
2 parcels with no buildings

The CM2 zoning is a medium-scale, commercial mixed-use zone. This zone allows a wide range and mix of commercial and residential uses.

Note: A very small portion of one of the buildings is leased, the balance buildings are vacant at this time just waiting to be developed.

Map:
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