0.15 Acres of Commercial Land for Sale in Portland, Oregon
S Water Ave, Portland, OR 97201
This unique opportunity is a flat, paved 5,300 sq ft parking lot comprised of three CI2 tax lots nestled in South Portland. Make sure not to overlook the unique zoning that allows for commercial uses, including storefront/retail, outside of its apparent university designations; this zoning is comparable to CM3. The floor area ratio (FAR) is 3:1, and it allows for a maximum height of 75'.This lot has excellent access to OHSU, Under Armour, PSU, SW, and downtown Portland. It is also in close proximity to the Ross Island Bridge, providing a quick trip across the Willamette River to some of Portland's most popular Eastside neighborhoods. This location boasts a desirable walk, bike, and transit score, with many public transit stops just around the corner. Please note that this paved lot is secured by a gated silver link fence.
Directions
S Water Ave
Property details
- County
- Multnomah County
- Community
- Corbett
- Zoning
- CI2
- Elevation
- 125 feet
- MLS Number
- RMLS 23536197
- Date Listed
Legal description
CARUTHERS ADD, BLOCK 45, E 38' OF LOT 4
Parcels
- R128809
Property taxes
- Year not provided
- $1,281
Detailed attributes
Listing
- Type
- Lots And Land
- Franchise
- RE/MAX International
Lot
- Views
- City, River
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Ainsworth | Elementary | — | — |
West Sylvan | Middle | — | — |
Lincoln | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Mar 21, 2024 | Relisted | $500,000 | $50,000 -9.1% | RMLS |
Feb 23, 2024 | Listing removed | $550,000 | — | — |
June 3, 2023 | New listing | $550,000 | — | RMLS |