Kidder Mathews is pleased to present this once in a lifetime investment opportunity on Portland’s Waterfront with views of Downtown and located across the street from The MODA Center and walking distance to Light Rail. The property is now available for an owner/user buyer in addition to being a great investment opportunity. An owner/occupant could occupy the entirety of this property and collect income from the billboard. The property includes yard space, shop space and a fully functional deep water dock for shipping. This property has tremendous future upside potential as a redevelopment for mixed-use/ residential with connectivity to The Rose Quarter, adjacency to Light Rail and with outstanding views of the Portland skyline and Willamette River and offers interim income to the buyer while they wait for future redevelopment. The property is currently zoned industrial (IG1) but is surrounded by CXd zoned (mixed use) zoned property making this prime opportunity for a re-zone. The property line runs out into the Willamette River allowing for waterfront development extending outward over the river with dock access. This is quite unique along the Willamette River to own riverfront property fee simple. With Tom McCall Water front park on the Westside and the I-5 Freeway on the east side, there are very few waterfront properties available with a direct view back at the Portland City Center skyline. This property offers these amazing views and also sits next to the Moda Center which provides mass transit (light rail), restaurants, hotels and amenities nearby within walking distance. This is a great opportunity for an investor with a vision to collect income while working toward realizing their long term vision for the property. Site includes one of the largest billboards in the City of Portland leased to Lamar Advertising and faces the Moda Center and Portland’s Central Eastside.