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Listed by Keller Williams Realty Portland Premiere • 971-282-1806
$ 700,000
Est. payment | /mo
8,973 Sqft Lot
$ 700,000
Est. payment | /mo
8,973 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 556474921
HOA Y/N No
Tax Year 2025
Lot Size 8,973 Sqft
Property Sub-Type Mixed Use
Property Description
Seize a rare opportunity to acquire 9,000 square feet of high visibility development land along the NE Martin Luther King Jr. Boulevard corridor. Comprised of three separate tax lots and zoned CM2, the site supports potential for a wide range of higher density residential, retail, office, and mixed use development potential. With strong street presence and consistent daily traffic exposure, the property is well positioned for a mixed use concept featuring active ground floor retail with residential above. Strategically located with convenient access to major arterials, public transit, and approximately one mile from Legacy Emanuel Hospital. Surrounding development activity, neighborhood amenities, and proximity to central Portland employment hubs further reinforce the long term fundamentals of this location. Buyer to perform all due diligence with the City regarding development capacity.
Location
State OR
County Multnomah
Area _142
Zoning CM2
Exterior
Utilities Available PublicSewer, WaterAvailable
Garage No
Schools
Elementary Schools Sabin
Middle Schools Harriet Tubman
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS