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4011-4027 SE 174th Ave - SE 174th Ave Development
0.9 Acres of Commercial Land Offered at $999,000 in Portland, OR 97236
Investment Highlights
- Off Street Parking
- Near TriMet Bus Lines (9 and 74 routes)
Executive Summary
2 Adjacent Lots • 38 Unit Max • Portland’s Centennial Neighborhood
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Reduced Sale Price: $999,000
Units: 38 Units Max (Multiple Concepts to Choose From)
Parking: 20 - 22 Stalls
Zoning: RM1 Residential Multi-Dwelling 1
Gross Land Area: 39,204 SF / 0.90 AC
Property Facts
| Price | $999,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.90 AC |
| Property Type | Land |
| Price | $999,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.90 AC |
1 Lot Available
Lot
| Price | $999,000 | Lot Size | 0.90 AC |
| Price Per AC | $1,110,000 |
| Price | $999,000 |
| Price Per AC | $1,110,000 |
| Lot Size | 0.90 AC |
• Portland’s Centennial Neighborhood • Near TriMet Bus Lines (9 and 74 routes)
Description
Property Features: • 2 Adjacent Lots Available Together • Maximum Height 35' | Up to 3 Stories • FAR 1:1 Increasing to 1.5 : 1 with Bonus Provisions, such as affordable housing • Multiple Development Concept Plans with Studio, 1 Bedroom, and 2 Bedroom Unit Mixes (Concept Drawings Available Upon Request) • Off Street Parking Available on All Plans • Parking Not Required for up to 30 Units on Small Sites up to 10,000 SF or on Sites Near Frequent Transit. 1 Space per 2 Units on Other Sites • Near Powell Butte Nature Preserve and only a short walk to Powell Butte Elementary, Centennial High School, and Lynchwood Park.
PROPERTY TAXES
| Parcel Number | R338256 | Improvements Assessment | $0 |
| Land Assessment | $135,050 | Total Assessment | $135,050 |
PROPERTY TAXES
zoning
| Zoning Code | RM1 (Residential Multi-Dwelling 1) |
| RM1 (Residential Multi-Dwelling 1) |
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John Bausone -
Power Broker Nicholas Diamond -
Capacity Commercial Group LLC
Presented by
4011-4027 SE 174th Ave - SE 174th Ave Development
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