5,100 SF CM2 zoned development site located in the Brooklyn Neighborhood of close-in SE Portland. This high density zoned site is presently a parking lot, has a clean environmental, and is primed for a developer to put their stamp on the neighborhood. 45?+ maximum height is allowed, (4 stories), increasing to 55? (5 stories) with bonus provisions in some areas. FAR in the CM2 zone ranges from 2.5:1- 4:1 (with bonus provisions). Parking is generally not required for non-residential uses when development is located near transit or contains fewer than 30 residential units. Location is key for this property as it is centrally positioned in close-in SE Portland?s Brooklyn neighborhood, near some of Portland?s most popular and well-known streets and neighborhoods. This area is a Biker?s and Walker?s Paradise and is just five blocks from a light rail stop and a seven minute drive by car into downtown Portland.
Sold
$395,000
Milwaukie, Portland, OR 97202
--beds
0baths
--sqft
Unimproved Land, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$1,867 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 06, 2025 at 02:56am
Listed by:
Parvaneh Kalantari 503-260-1003,
Vitality Home Realty
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 23267984
