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1202 NW Irving StPortland, OR 97209
Pearl on Irving
Asset ClassLand, Mixed Use, Multifamily, Office, Hotel & Hospitality
Call For Offers: 10/31/25Access Data Room
overview of deal

Overview

Pearl on Irving presents a rare opportunity to acquire a premier development site in Portland’s coveted Pearl District, one of the city’s most dynamic and evolving neighborhoods. Positioned at NW 12th Ave & NW Irving St, the property benefits from unmatched walkability, strong demand drivers, and the continued momentum that has transformed the Pearl District into Portland’s most desirable urban address.

 

Zoned EXd – Central Employment, the site offers exceptional flexibility, accommodating a broad mix of uses ranging from multifamily residential to creative office, retail, or hospitality. While the property is currently entitled for hotel development, the zoning framework allows future ownership to pursue a variety of strategies aligned with market demand and highest-and-best use.

 

This is a unique chance to secure a development-ready site in the heart of the Pearl District — and to create the next chapter in one of Portland’s most successful urban transformations.

 

Call For Offers: 10/31/25

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Investment Highlights

Prime Pearl District Location

Unmatched demand and walkability in Portland’s most dynamic neighborhood.

 

Affluent Demographics

High-income, lifestyle-driven population fueling demand across uses.

 

Flexible EXd Zoning

Broad mix of potential uses, from multifamily to office, retail, hospitality, education or industrial uses.

 

Development-Ready

Shovel-ready site with approved hospitality entitlements in place.

 

Modern Infrastructure

Utilities recently upgraded and installed (2022/2023).

1202 NW Irving StPortland, OR 97209

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Listing provided by Revere CRE