Single-Family

18-Acre Church Campus

Listing Price: $9,750,000

Lot Size
18.12 acres
Price/Acre
$538,079
Land Type
Redevelopment

Investment Overview

The PDX First campus is comprised of one four-level structure totaling approximately 63,513 square feet of improvements on an 18.12 acre site near Downtown Portland, Oregon. The site is currently zoned R20 for single-family residential uses, with a potential opportunity for upzoning that would improve development densities*(please contact listing agent for further information). The existing facility operates under a Conditional Use Permit allowing for Religious Institutional use. The auditorium is located on the top level of the building, and features a maximum seating capacity of 1,360 that includes balcony space with a built-in projection/production room above. The worship space is complimented by more than 16,000 square feet of administrative office and classroom space with elevator service between floors, multiple kitchens (including one commercial-grade kitchen), a basketball gym, an enclosed courtyard, a small coffee shop, multiple designated childcare rooms, and an outdoor amphitheater. The property has excellent access to parking at a ratio of 6.01/1,000 SF. PDX First is in an ideal location for as-is users or ground-up redevelopment. Its positioning allows for easy access to Highway 26 and quick commutes to the downtown area and other nearby landmarks in Portland. Properties with these attributes are increasingly rare in the Portland Metropolitan area.

Investment Highlights

  • 63,000 Square Foot Campus. Building Includes 1,360 Person Gathering Space, Basketball Court and Kitchen
  • 18+ Acre Site Near Downtown Portland
  • Adjacent to Highway 26 On-Ramp

Exclusively Listed By

Single-Family

18-Acre Church Campus

Listing Price: $9,750,000

Lot Size
18.12 acres
Price/Acre
$538,079
Land Type
Redevelopment

Investment Highlights

  • 63,000 Square Foot Campus. Building Includes 1,360 Person Gathering Space, Basketball Court and Kitchen
  • 18+ Acre Site Near Downtown Portland
  • Adjacent to Highway 26 On-Ramp

Investment Overview

The PDX First campus is comprised of one four-level structure totaling approximately 63,513 square feet of improvements on an 18.12 acre site near Downtown Portland, Oregon. The site is currently zoned R20 for single-family residential uses, with a potential opportunity for upzoning that would improve development densities*(please contact listing agent for further information). The existing facility operates under a Conditional Use Permit allowing for Religious Institutional use. The auditorium is located on the top level of the building, and features a maximum seating capacity of 1,360 that includes balcony space with a built-in projection/production room above. The worship space is complimented by more than 16,000 square feet of administrative office and classroom space with elevator service between floors, multiple kitchens (including one commercial-grade kitchen), a basketball gym, an enclosed courtyard, a small coffee shop, multiple designated childcare rooms, and an outdoor amphitheater. The property has excellent access to parking at a ratio of 6.01/1,000 SF. PDX First is in an ideal location for as-is users or ground-up redevelopment. Its positioning allows for easy access to Highway 26 and quick commutes to the downtown area and other nearby landmarks in Portland. Properties with these attributes are increasingly rare in the Portland Metropolitan area.

Exclusively Listed By

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