The Westshore

For Sale

222 SW Pine St, Portland, OR 97204

This Portland property for sale is located at 222 SW Pine St. The current listed sale price for The Westshore is $3,800,000. The Westshore is situated on a lot that is 0.44 acre in size.

Contacts

Bjorn Beer

SVN | Imbrie Realty

Property Details

  • Property Type Multi-Family
  • Property Size 48,603 SF
  • Units 113
  • Lot Size 0.44 Acre
  • Year Built 1997
  • Date Updated May 6, 2026
Located in downtown PortlandRare acquisition rehab and development opportunity in the heart of Portland. In addition to 113 LIHTC units, buyer has the opportunity to assemble nearly 3/4ths of a city block. In the 2026 Qualifying Census Tract (QCT) and an Opportunity Zone, buyer of the apartments may have the opportunity to purchase the three story parking deck underneath, which presents an opportunity to convert two floors to as many as 57 additional multi-family units. The adjoining vacant lot (approximately 0.23 acres) is also available. Contact listing broker for more details.
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Highlights

  • 1997 vintage
  • Mix of studios and 1 bedrooms at 50-60% AMI
  • OZ and QCT (In Westside TIF district - resources available for market rate, commercial, and Affordable and middle income housing)
  • Portland CX - Central Commercial
  • Restriction through 2067, possible renegotiation with agencies
  • Soft debt of ~ $1.66 million, due to PHB, payable through 50% of excess cash flow at year end.
  • Two blocks from MAX light rail

Getting around

  • 99/100

    Walk Score ®

  • 93/100

    Transit Score ®

  • 99/100

    Bike Score ®

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Location

  • City Portland, OR
  • Neighborhood Downtown Portland
  • Zip Code 97204
  • Market Portland

Points of Interest

  • Oak Street/Southwest 1st Avenue

    0.10 miles

  • Northwest 5th & Couch

    0.22 miles

  • Northwest 10th & Couch

    0.41 miles

  • Southwest 10th & Alder

    0.41 miles

  • Galleria/Southwest 10th Avenue

    0.42 miles

  • Union Station/Northwest 6th & Hoyt

    0.42 miles

  • Library/Southwest 9th Avenue

    0.44 miles

  • Southwest 11th & Alder

    0.45 miles

  • Southwest 11th & Taylor

    0.53 miles

  • Northwest 11th & Glisan

    0.56 miles

  • Chevron

    0.13 miles

  • Blink

    0.23 miles

  • PGE Electric Avenue Downtown Portland

    0.39 miles

  • Tesla Supercharger

    0.40 miles

  • Shell

    0.62 miles

  • ChargePoint

    0.71 miles

  • Pacific Pride

    0.73 miles

  • Kwik-Gas

    0.77 miles

  • 76

    1.14 miles

  • EVgo

    1.37 miles

  • City Center Parking

    0.05 miles

  • Ace

    0.05 miles

  • U-Park

    0.08 miles

  • SP+

    0.09 miles

  • PMC

    0.10 miles

  • Embassy Suites

    0.06 miles

  • Marriott

    0.12 miles

  • the Hoxton

    0.15 miles

  • Courtyard

    0.17 miles

  • The Royal Sonesta Portland Downtown

    0.22 miles

  • The Society

    0.23 miles

  • Hotel Lucia

    0.24 miles

  • Hotel Vintage

    0.25 miles

  • The Benson

    0.26 miles

  • The Bidwell

    0.27 miles

  • Muji Portland

    0.26 miles

  • Nordstrom

    0.37 miles

  • World Foods

    0.40 miles

  • Whole Foods Market

    0.51 miles

  • Sheridan Fruit Company

    0.55 miles

  • Safeway

    0.68 miles

  • Fred Meyer

    0.96 miles

  • Market of Choice

    0.96 miles

  • Trader Joe's

    1.10 miles

  • Zupan's

    1.27 miles

Contact Listing Broker
Bjorn Beer

SVN | Imbrie Realty

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