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84 NE Killingsworth St - 84 WI NE KILLINGSWORTH ST Portland, OR 97211

0.18 Acres of Commercial Land Offered at $699,000 in Portland, OR 97211

Investment Highlights

  • Young, hip neighborhood
  • Close to community college
  • Very walkable with ethnic restaurants

Executive Summary

Fantastic development opportunity at only $90/SF for CM2 land! Seller is looking for a quick sale and will consider all offers. Note, the church next door has the same address but a different lot number.

Property Facts

Price $699,000
Sale Type Investment
Sale Conditions Distress Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Storefront, Retail or Residential
Total Lot Size 0.18 AC
Tenancy Single

1 Lot Available

Lot

Price $699,000
Price Per AC $3,944,695
Lot Size 0.18 AC

Flat, perfectly rectangular one-block property with 100' of frontage on NE Killingsworth and 77.36' on NE Cleveland. There is a pre-existing lot line that could be moved.

Description

Located in the walk-friendly, up-and-coming Humboldt Neighborhood, this area has a mixture of young professionals and established families. It has a plethora of eclectic coffee shops and ethnic food options. The area retains a strong sense of community and there is a focus on supporting local businesses and a welcoming vibe for newcomers. The property is only a few blocks away from Portland Cascades Community College which serves about 17,000 students a year.

Walk Score ®
Very Walkable (88)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R297904
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$135,840

zoning

Zoning Code CM2 (The CM2 zone is a medium-scale, commercial, mixed-use zone allowing for retail, office and/or residential. Base height limit - 45', Base FAR 2.5:1)
CM2 (The CM2 zone is a medium-scale, commercial, mixed-use zone allowing for retail, office and/or residential. Base height limit - 45', Base FAR 2.5:1)
  • Listing ID: 31668112

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 84 NE Killingsworth St, Portland, OR 97211

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