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.
Location
- Street Address
- S Water Ave
- County
- Multnomah County
- Community
- Corbett
- Elevation
- 125 feet
Property details
- Zoning
- CI2
- MLS Number
- RMLS 23536197
- Date Posted
Property taxes
- Recent
- $1,281
Parcels
- R128809
Legal description
CARUTHERS ADD, BLOCK 45, E 38' OF LOT 4
Detailed attributes
Listing
- Type
- Land
- Subtype
- Mixed Use
- 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 |