?
  • Chat with Us
  • Submit Feedback
  • TopHap Academy
  • What's New?
Commercial > Hospitality
Active
05/15/2025
List Price
$1,450,000$213/ft²

16721 Division St
Portland, OR 97236

  • Photo 0
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • 16721 Division St, Portland, OR 97236 is a 6,810 ft² commercial hospitality property property built in 1947 on a 1.100 acre lot with 3 construction permits. This commercial hospitality property is currently on the market for $1,450,000, and it was last sold in 2017 for $765,000.

    MLS Description

    The listing agent's description. Original Listing

    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 Agents

    The listing agent for 16721 Division St is Amit Amshalom.

    Permits

    16721 Division St has 3 permit records.

    Permit History
    3
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    16721 Division St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 16721 Division St

    School Information

    Public/private schools serving 16721 Division St

    Neighborhood

    This property is located in Centennial, Portland, OR 97236.

    Market Trends

    Historical market data near 16721 Division St over selected time period.

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Nearby Properties on Division St