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Listed by Corcoran Prime • 503-321-2000
$625,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Sunnyside
MLS Listing ID 713583701
HOA Y/N No
Annual Tax Amount $7,682
Tax Year 2025
Lot Size 4,791 Sqft
Property Sub-Type Mixed Use
Property Description
Excellent development opportunity with Portland's smallest-scale, mixed-use commercial zoning designation that complements residential, commercial and mixed uses with pedestrian orientation at the forefront. This location offers the perfect blend of urban convenience and nature's beauty. With walk and bike scores of 94 and 97 respectively, enjoy close proximity to some of East Portland's most desirable entertainment, dining and shopping destinations. And, mere blocks from Laurelhurst Park, 32 acres of one of SE Portland's most historic gathering places. Employ the city-approved plans for a thoughtfully designed complex of 30 efficient yet comfortable, studio and one-bedroom units while taking advantage of the city's temporary SDC exemption! City permits approved but not Issued. Public Works will need to be started again. City water is available. Buyer to complete own due diligence. Don't miss this prime opportunity in one of Portland's most sought-after neighborhoods.
Location
State OR
County Multnomah
Area _143
Zoning CM1
Exterior
Utilities Available WaterAvailable
Garage No
Building
Lot Description Corner Lot
Schools
Elementary Schools Sunnyside Env
Middle Schools Sunnyside Env
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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Nearby School & Business
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