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- LoopNet Team
1414 SW Park Ave
Portland, OR 97201
Multifamily Development Parcel · Land For Sale · 0.23 AC
Investment Highlights
- High visibility, trophy asset location
- Convenient to all of Portland's Mass Transit options
- Approved for 7-story 53,000 SF Multifamily with 73 units
- Portland's downtown Financial & Arts District - Museums and Concert Halls
- Located in Portland's federally designated opportunity zone
- Near Portland State University and Portland's Largest Weekend Farmer's Market
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.23 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.23 AC |
Description
Located in an opportunity zone at the corner of SW Park and Columbia in the heart of downtown Portland, this 0.23-acre apartment parcel is an incredibly rare opportunity for a fully-permitted development site at a prized location. Just steps from the city's Central Business District, Portland State University and the Pearl District, the property has permit approval for a 7-story, 53,000 SF multifamily building with 73 residential units. Plans include a ground-floor garage with 11 parking spaces, a residential lobby, leasing office, and a rooftop deck.
zoning
| Zoning Code | RX - Central Residential |
| RX - Central Residential |
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