35 Northeast Weidler Street Listing Details & Market Data

Situated in the Lloyd District, this property offers great access to the best of Portland's Lloyd District. You're just steps away from the Moda Center, home to the Trail Blazers, and the vibrant shopping, dining, and entertainment options of the district. Located just off I-5 and with the MAX Light Rail and streetcar lines nearby, commuting to downtown Portland or beyond is a breeze. With a Walk Score of 92, a Bike Score of 97, and excellent public transportation options nearby, you can easily explore the city without the need for a car.This property is strategically positioned between NE Broadway St. and NE Weidler St., offering unparalleled access to the thriving heart of Portland’s Lloyd District. You’re just a stone’s throw away from the Moda Center, the illustrious home of the Trail Blazers, and the vibrant array of shopping, dining, and entertainment options within the district. With an impressive Walk Score of 91, a Bike Score of 97, and a multitude of excellent public transportation choices in close proximity, you can effortlessly traverse the city without the necessity of owning a car. Nestled just off I-5 and conveniently situated near the MAX Light Rail and streetcar lines, commuting to downtown Portland and beyond is a seamless experience. The seller, a licensed Oregon real estate broker, presents a fantastic opportunity for owner-users in a high-traffic area with outstanding visibility. Notably, the property generates approximately $40,500 per year through billboard leasing and event parking, adding an attractive income stream for the owner. Seize this distinctive chance to occupy the entire building while still enjoying the existing income. Moreover, this property offers prominent signage at the intersection of the I-5 North exit ramp and NE Weidler St., where an estimated 34,000 vehicles pass by daily. The spacious parking lot provides ample parking for the building where you could implement your own private pickleball court. Additionally, the parking lot is fully gated and secure, with effortless access to both I-5 North and South. The billboard is strategically positioned overlooking I-5, and captures the attention of the surrounding area.Full building lease - $22/SF/Year (NNN); demised lease rate $27/SF/Year (NNN)