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- LoopNet Team
2820 SE Powell Blvd
Portland, OR 97202
Southeast Powell Development · Land For Sale
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0.34 AC
INVESTMENT HIGHLIGHTS
- Prime Development Opportunity in Highly Desirable Close-In SE Portland
- Parcels are Surrounded by Numerous National and Local Retailers
- Walk Score of 87 (Very Walkable)
PROPERTY FACTS
DESCRIPTION
-The Three Commercial-Zoned Parcels at the Corner of Powell Boulevard and 28th Place Present a Prime Development Opportunity in a Highly-Desirable Close-In Southeast Portland Location. -The Development Opportunity Is Just a Few Blocks Away from the New City Target (31st and Powell) and Is Surrounded by Numerous Local and National Retailers including Starbucks, McDonald’s, Hopworks Urban Brewery, Burgerville and Plaid Pantry. -The CM2-Zoned (Commercial Mixed-Use 2) Parcels Together Produce a 14,852-Square Foot Lot of Land with Nearly 123’ of Frontage on Powell Boulevard (US Highway 26). -Powell Boulevard is a Heavily-Trafficked Southeast Portland Thoroughfare (49,955+ Vehicles per Day) and Begins the 97 Mile-Long Stretch of Highway from Downtown Portland to Mount Hood known As the Mount Hood Highway. -The Subject Property is Approximately Three Miles from Downtown Portland’s Central Business District (CBD) and Receives a Walk Score of 87, (Very Walkable). -CM2 Zoning Permits Construction of Up to 45 Feet in Height with a Maximum FAR of 2.5 to 1 and Allows for a Variety of Commercial Category Uses: Household Living, Retail Sales and Service, Office, Vehicle Repair and Commercial Outdoor Recreation. -Surrounding Transit and Transportation Options Include 17th & Rhine Street MAX Station (Orange Line) and a Trimet Bus Stop for Buses 9 and 66 Across the Street.
