1601 NE Market Dr
Fairview, OR 97024
Portland East Metro Apartment/Office project · Land For Sale · 1.06 AC

Flat lot with utilities extended into the lot. Fire Suppression system including PIV and connection in place. Sidewalks along NE Market Drive and NE Village Street 50% completed. 62 stall parking lot that serves this site is completed. The paving on site runs to within 5' of building line. A new 71-unit project has been approved across the street with limited commercial space on ground floor. It will completed the NW corner of this main intersection. UPDATE: Amazon is beginning to hire 1,500 FT employees with new Fulfillment Center to begin operations this fall. OPTION TO EXPAND: This 22 unit project could be expanded to 33 units by adding another floor via a new Design Review process by the City which is usually completed within 60-90 days of Pre-Application meeting. The current Design Approval notes a surplus of 35 stalls which means another floor good be added. This is a great opportunity to leverage the density based on EXISTING Parking lot. PRICE WILL INCREASE when approvals completed for 4th floor which increases apartment count from 22 to 33 apartments.