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Listed by Oregon Restaurant Realty LLC
$ 425,000
Est. payment /mo
Price Dropped by $70K
4224 N INTERSTATE AVE Portland, OR 97217
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 352608427
HOA Y/N No
Annual Tax Amount $3,627
Tax Year 2025
Lot Size 5,662 Sqft
Property Sub-Type Mixed Use
Property Description
Excellent development opportunity in in a well located area of Portland's Overlook neighborhood. There are a multitude of uses and development configurations allowed, but included in the sale are approved, previously permitted, and detailed plans for a mixed use 4 story structure with three retail spaces on the ground floor and a total of 15 apartments on floors 2-4. The zoning is CM3 which is a large scale commercial mixed use zone intended for sites close to the central city, in high capacity transit station areas or town centers and on civic corridors. Buildings in this zone can be up to seven stories.
Location
State OR
County Multnomah
Area _141
Zoning CM3
Exterior
Utilities Available ElectricityAvailable, NaturalGasAvailable, SewerConnected, WaterConnected
Garage No
Schools
Elementary Schools Boise-Eliot
Middle Schools Ockley Green
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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