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Listed by Vitality Home Realty
$ 395,000
Est. payment | /mo
$ 395,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 23267984
Annual Tax Amount $1,931
Property Description
5,100 SF CM2 zoned development site located in the Brooklyn Neighborhood of close-in SE Portland. This high density zoned site is presently a parking lot, has a clean environmental, and is primed for a developer to put their stamp on the neighborhood. 45?+ maximum height is allowed, (4 stories), increasing to 55? (5 stories) with bonus provisions in some areas. FAR in the CM2 zone ranges from 2.5:1- 4:1 (with bonus provisions). Parking is generally not required for non-residential uses when development is located near transit or contains fewer than 30 residential units. Location is key for this property as it is centrally positioned in close-in SE Portland?s Brooklyn neighborhood, near some of Portland?s most popular and well-known streets and neighborhoods. This area is a Biker?s and Walker?s Paradise and is just five blocks from a light rail stop and a seven minute drive by car into downtown Portland.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Exterior
Utilities Available PublicSewer, WaterAvailable
Garage No
Schools
Elementary Schools Winterhaven
Middle Schools Winterhaven
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
morganblackwellhomes@gmail.com
16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224, USA