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About this home
Prime Alberta Arts District Commercial Opportunity. Rare chance to acquire a large commercial property in one of Portland’s most vibrant corridors. The open-span shell features 20-foot ceilings and a 90' x 41' footprint, offering flexibility for a variety of uses. Potential highest and best use includes mixed-use development with residential units above retail, office, or food and beverage, including brewery or restaurant concepts. The corner lot provides 116 feet of frontage on Alberta Street, ensuring excellent visibility and strong foot traffic. CM2 zoning and limited nearby inventory further enhance the property’s long-term value in a submarket with consistently low retail vacancy and strong investor demand.
Alberta Arts District, located between NE Martin Luther King Jr Blvd and NE 33rd Ave, is a creative and walkable Portland neighborhood with mural-lined storefronts and early-20th-century bungalows. The neighborhood’s character concentrates along NE Alberta Street around NE 15th Ave, where galleries, indie boutiques, coffee counters, and late-night bites keep the sidewalks active. Alberta Rose Theatre and Last Thursday on Alberta act as cultural pillars, with Salt & Straw’s original Alberta shop adding a local ritual. Side streets mix Craftsman homes with small apartment courts and pocket gardens. Alberta Park and nearby Fernhill Park frame daily routines with courts, paths, and open lawns. Bike lanes and frequent bus service tie Alberta Street to the rest of the city.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
No heating or cooling
Heating & cooling
No heating
No cooling
Exterior features
Existing structures on the site
Commercial and industrial storage structures present
Home design
Land property used for mixed use (commercial)
Not attached
Parking
Garage(s) on site
Construction
Parcel R155475
Utilities
Public sewer
Public water (service over 500')
HOA & community
Zoned CM2
Financial info
Tax year 2025
Other
Lot size approximately 7,000 to 9,999 square feet
Located at 2812 NE Alberta St, Portland, OR 97211
Directions: NE Alberta and NE 28th
Current use: Commercial
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Multnomah County
APN
R155475
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 20, 2026.
CM2
H
Commercial/Mixed Use 2
The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.
Zone overlays
Aircraft Landing Zone
Permitted uses
Include but are not limited to:
Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space
Oct 24, 2023 • Final
Code compliance
Grading
Dec 16, 2008 • Final
Nuisance
Demolition
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
3/10 Heat Factor
7 hot days expected this year, 13 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
10/10 Air Factor
20 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97211
Average low and high temperatures (°F)
47
36
50
38
57
44
65
46
70
51
76
55
82
59
82
63
76
58
63
49
53
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 6% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2812 NE Alberta St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $628,000 and $1,650,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $628K to $1.6M.