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Listed by Rose Country Realty
$820,000
Est. payment /mo
2,729 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,729 sqft
Price per Sqft $300
MLS Listing ID 638680121
Year Built 1937
Annual Tax Amount $10,370
Tax Year 2025
Lot Size 0.290 Acres
Property Sub-Type Income
Property Description
Exceptional CM2 mixed-use redevelopment opportunity in Montavilla with two parcels on a prominent corner site and dual access points. Zoning supports a wide range of commercial and mixed-use development concepts, including residential units and retail/residential combinations, subject to buyer verification.The property is being marketed primarily for land value and future development potential. Existing improvements are present and may be considered non-contributory. Billboard lease in place. Utilities available at the street; gas meter has been removed.Strategically located with visibility and access near major arterials and freeway routes, offering long-term redevelopment potential in an established East Portland corridor. Seller may consider partial seller carry financing, subject to terms. Interior access by appointment only.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Interior
Heating Forced Air
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Contract, Conventional, Rehab
Listing Terms Cash, Contract, Conventional, Rehab
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