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Investment Highlights

  • Located in the fast growing South Metro Suburb
  • Mixed Use Downtown zoning

Executive Summary

2.14 acres zoned Mixed Use Downtown (MUD). Seller has land use approvals for 131 units of multifamily and ground floor commercial space. Property qualifies for Vertical Housing Tax Credits with up to 80% property tax exemptions for 10 years.

Attachments

Sale Brochure

Property Facts

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 2.14 AC
Zoning MUD - Mixed use Downtown

1 Lot Available

Lot 5 & 6

Price $3,500,000
Price Per AC $1,635,514.02
Lot Size 2.14 AC

Covered land redevelopment with approximately $19,000 in current monthly revenue.

Description

The Washington Street Redevelopment Site in Oregon City is situated within walking distance of the historic downtown area, which offers numerous quaint shops, restaurants, and galleries. The property is adjacent to the Oregon City Amtrak Station and Coasters Restaurant providing a peaceful and tranquil setting. It is surrounded by beautiful rolling hills and is close to an array of outdoor activities.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 28432711

  • Date on Market: 5/8/2023

  • Last Updated:

  • Address: 1715-1743 Washington St, Oregon City, OR 97045

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