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2359 SE 124th Ave
Portland, OR 97233
Land For Sale · 0.43 AC

INVESTMENT HIGHLIGHTS

  • ideally located close to mass transportation, shopping, and entertainment

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Subsidized
  • Single Family Development
Total Lot Size 0.43 AC
No. Stories 1
Zoning CM2d - Medium-scale, commercial mixed-use zone

DESCRIPTION

Opportunity awaits! This property is ideally located close to mass transportation, shopping, and entertainment. With an existing foundation in place from a 10-unit building, you possibly have the option to use the existing foundation or build new for higher density. - The property is situated in a CM2 zone, a medium-scale, commercial mixed-use zone perfect for sites in various centers and corridors, other mixed-use areas with frequent transit, or larger areas designated for multi-dwelling development. Buildings in this zone can typically be up to four stories, with potential bonuses allowing up to five stories in some locations. - Parking is generally not required for non-residential uses or for residential developments with fewer than 30 dwelling units near transit. Specific allowable uses in this zone include retail sales and services, office space, household living, vehicle repair, institutional uses, and limited manufacturing. - Buyers are advised to verify all information and conduct their own due diligence.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R331921
Land Assessment
$346,329
Improvements Assessment
$0
Total Assessment
$346,329
  • Listing ID: 34890175

  • Date on Market: 2025-02-20

  • Last Updated:

  • Address: 2359 SE 124th Ave, Portland, OR 97233

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