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Rare Development Opportunity 14900 SE Stark St 3,600 SF Retail Building Portland, OR 97233 $2,600,000 ($722.22/SF)
Investment Highlights
- Plans for 178 apartment units plus ground-floor retail.
- 36,960 SF parcel in Portland's Centennial neighborhood.
- TriMet MAX Blue Line access and strong freeway connectivity.
- Engineering and entitlement ~70% complete.
- Property Taxes: $11,734.43
Executive Summary
This 36,960 SF parcel presents a rare development opportunity in Portland’s Centennial neighborhood, with plans for a 4-story, 178-unit mixed-use apartment project featuring ground floor retail. The prior owner has advanced the project through engineering and entitlement, creating a seamless opportunity for a developer to step in and move forward.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built
1946
Price
$2,600,000
Price Per SF
$722.22
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
CM2 - Commercial Mixed Use 2
Frontage
69’ on SE Stark St
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R208254 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $507,180 |
Property Taxes
Parcel Number
R208254
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$507,180
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Rare Development Opportunity | 14900 SE Stark St
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