$ 1,450,000
2535 SE 89TH AVE Portland, OR 97266
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Listed by Susak Properties LLC
$ 1,450,000
Est. payment | /mo
0.37 Acres Lot
$ 1,450,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24134893
Annual Tax Amount $4,881
Tax Year 2023
Lot Size 0.370 Acres
Property Description
.37 acre CM2 lot priced below $100/SF with rental for income while you develop. Owner has plans ready to submit to keep house and build four 3-plex buildings (see attachments). However, development potential is 40,500SF-64,800SF of building depending on bonus provisions used. Buyer to verify with City of Portland. Great opportinity for a sizeable apartment building, or any kind of retail use, storage facility, or mixed-use plan. Many possibilities in this zone. Do not disturb tenants. Make appointment if you want to see house.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Exterior
Utilities Available ElectricityAvailable, SewerConnected, WaterConnected
View Territorial
Garage No
Schools
Elementary Schools Clark
Middle Schools Harrison Park
High Schools Leodis Mcdaniel
Others
Acceptable Financing Cash, Contract, Conventional, OwnerWillCarry, SellerEquityShare, Trade
Listing Terms Cash, Contract, Conventional, OwnerWillCarry, SellerEquityShare, Trade
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Don Johnson, PC
Principal Broker | Lic# 910900068