Motivated Seller | Significant Price Reduction Colliers is pleased to present the unique opportunity to acquire ideally located development land at 3515 NE Sandy Boulevard in northeast Portland, Oregon. Located in the Upper Laurelhurst neighborhood, the property consists of four (4) tax parcels totaling ±1.808-acres. It is currently improved with three (3) buildings: a ±17,125-square-foot warehouse/auto service building, a ±4,900-square-foot retail showroom, and a ±1,666-square-foot retail/office building. The site features CM3 zoning, which allows for a multitude of approved uses, including retail, office, multi-family, mixed-use, medical, hotel, outdoor recreation, educational, and daycare. Previously occupied by the Breslin Wallace Dealership. Additionally, there is an allowable development height with bonuses of ±75 feet which would offer beautiful views of Mt. St. Helens and Mt. Hood. The property enjoys a coveted location directly on NE Sandy Boulevard, providing excellent visibility to over 35,000 vehicles per day. Ideally positioned near the Hollywood District, the site features easy access to and from Interstate 84, a Walk Score of 89, and a Bike Score of 90. Nearby retailers include Fred Meyer, Trader Joe’s, New Seasons, The UPS Store, and Standard TV & Appliance. The area highlights strong demographics with ±242,353 residents and 204,894 daytime employees within a three-mile radius. The average household income is $113,403, and the total consumer spending is nearly $2 billion within a two-mile radius. Property tours are available by appointment only. Please contact Robbie MacNichol (503-819-1110 / robbie.macnichol@colliers.com) to schedule.