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3659 SE Powell Blvd - Multi-Family Development Lot 0.97 Acres of Commercial Land Offered at $3,200,000 in Portland, OR 97202
INVESTMENT HIGHLIGHTS
- Substantial price adjustment; motivated seller.
- Highly visible SE Powell Blvd corridor.
- Full acre of paved commercial land, CM2 Zoned.
- Nearby popular SE Powell food carts and John's Market on the evolving SE Powell corridor.
EXECUTIVE SUMMARY
The property offers an opportunity to provide additional housing units within SE Portland's Creston-Kenilworth neighborhood. Surrounding amenities are within walking distance of the property including grocery, restaurants and services. The property is zoned CM2, and is well served by nearby transit options.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,200,000 | Lot Size | 0.97 AC |
| Price Per AC | $3,298,969.07 |
| Price | $3,200,000 |
| Price Per AC | $3,298,969.07 |
| Lot Size | 0.97 AC |
Rare large lot development opportunity in the highly visible and evolving SE Powell corridor.
DESCRIPTION
Located within close proximity to Portland's inner eastside. Thriving retail corridors such as SE Division & SE Hawthorne are within walking distance. Property has convenient access to major arterials including I-5, Ross Island Bridge, and SE Grand/MLK.
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | R328255 | Improvements Assessment | $0 |
| Land Assessment | $287,130 | Total Assessment | $287,130 |
PROPERTY TAXES
Parcel Number
R328255
Land Assessment
$287,130
Improvements Assessment
$0
Total Assessment
$287,130
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3659 SE Powell Blvd - Multi-Family Development Lot
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