This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
10290 SW Barbur Blvd
Portland, OR 97219
Barbur Blvd Apartment Site near Capitol Hwy · Land For Sale
·
0.88 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.88 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | CM2d (MU-U) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.88 AC |
| No. Stories | 1 |
| Zoning | CM2d (MU-U) |
DESCRIPTION
This .9± acre infill development site is located along Barbur Blvd, with access from SW 47th Avenue. It has a strategic location to I-5, Barbur Blvd.Transit Center, Portland Community College - Sylvania Campus, and proximity to downtown Portland, Lake Oswego, Sunset Corridor, and Wilsonville. Portland Bureau of Transportation will be improving SW 47th Avenue in 2020 as part of a Local Improvement District, established in 2016. Please see Supplemental Information Package for detail. Zoning will allow apartments, and some commercial use. Seller had LRS Architects prepare several concept plans that outline up to 100 units, with 80% as studio apartments, the balance as one and two bedroom units, and 1,800 square feet dedicated to office and commercial use. Parking for 35 cars and for 117 long-term bicycles has been planned, to meet zoning design standards. See Supplemental Information Package for detail. There are several apartment complexes nearby. Utilities will need to be extended along SW 47th Avenue from SW Luradel Street. Seller is offering short-term seller financing, along with a price reduction of $495,000, to accelerate a sale by year end. LOCATION: End of SW 47th from SW Luradel Street, Portland, Oregon. Map Tax Lot: 1S1E30 DA-0590
PROPERTY TAXES
| Parcel Number | R209882 | Improvements Assessment | $0 |
| Land Assessment | $441,850 | Total Assessment | $441,850 |
PROPERTY TAXES
