10 year tax abatement may apply.This high profile 1 acre commercial location offers five parcels and a residence/office at one of Gresham's busiest intersection where Burnside and Division cross on the south side of Division. Both Division and Burnside offer daily traffic counts over 21,000 EACH.National and regional retailers like McDonald's, Safeway,Starbucks, and many more. Mixed Use Commercial Multifamily 1 acre, 5 tax lots includes one home. Commercial Entrance and around 190 feet of frontage road to NE Division Buyer to do all due diligence for their project, here are a few uses taken from the City of Gresham planning department under the DEM zoning section Business and Retail Service and Trade Multifamily Residential up to 70 Feet height and max Floor Ratio 3.0 Clinics Manufacturing Daycare Facilities Live/work Information Services Single-Family Attached Dwellings Religious Institutions 4.1113 Downtown Employment Mid-Rise (DEM): This mixed-use area is envisioned as one that could support significant employment, whether retail or office in nature. It has excellent access to light rail as well as several major streets – Hogan, Burnside, and Division. Buildings are allowed to have multiple stories with larger footprints here to accommodate market demand. This sub-district allows for a substantial amount of general office, financial, corporate and institutional uses that employ large numbers of people. It also allows a significant retail presence and residential uses Lot Tax ID R121673 R121674 R121689 R121688 R121686
Off market
$444,700
1220 NE Division St, Gresham, OR 97030
2beds
950sqft
MultiFamily
Built in 1948
-- sqft lot
$444,700 Zestimate®
$468/sqft
$1,638 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Features
- Has fireplace: No
Interior area
- Total interior livable area: 950 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 1.04 Acres
Details
- Parcel number: R121673
- Zoning: DEM
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Utilities for property: Sewer Connected, Public Water-500'+
Community & neighborhood
Location
- Region: Gresham
Other
Other facts
- HeatingYN: true
- CoolingYN: true
- BusinessType: Other
- CurrentFinancing: Conventional, Cash
- NumberOfLots: 5
- CurrentUse: Other
- Utilities: Sewer Connected, Public Water-500'+
- Zoning: DEM
- CoListAgentEmail: viviannec.giusto@gmail.com
- CoListAgentFullName: Vivianne Giusto
- MlsStatus: Active
Services availability
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Estimated market value
$444,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$444,700