2734-2738 NE Alberta St 0.06 Acres of Commercial Land Offered at $690,980 CAD in Portland, OR 97211

This CM2-zoned corner lot is in the heart of the Alberta Arts District near many shops, restaurants, bars, and businesses. This space is also right on the TriMet bus line and a couple blocks from the busy Going Street bike boulevard! Featured, neighboring local businesses: Pine State Biscuits Great Notion Brewing Euphoria Food Wun Two barber Lesley Evers clothing Chilango Vegan Mexican Food cart pod Thicket Garden Center The Knock Back Le Chat Du Cafe Baerlic Beer Co Many, many more Listed by Eli Haworth-Kaufka Managing Principal Broker Cloud City Realty 503.502.9403 ZONING NOTE: The CM2 zone is a medium-scale, commercial mixed use zone intended for sites in a variety of centers and corridors, in other mixed use areas that are well served by frequent transit, or within larger areas zoned for multi-dwelling development. Buildings in this zone are generally expected to be up to four stories, except in locations where bonuses allow up to five stories. Specific allowable uses include: retail sales and services, office space, household living, vehicle repair, institutional uses and limited manufacturing uses. QUICK FACTS 45' maximum height, which is generally 4 stories, increasing to 55' (5 stories) with bonus provisions in some areas. 2.5:1 FAR increasing to 4:1 with bonus provisions. Parking is generally not required for non-residential uses, or for residential development that contains fewer than 30 dwelling units when development is located near transit. Parking is generally required for larger residential / mixed-use developments and in locations farther from transit.