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5405 NE Glisan St - 5327 & 5405 NE Glisan Street 0.2 Acres of Commercial Land Offered at $2,791,840 CAD in Portland, OR 97213
PROPERTY FACTS
| Price | $2,791,840 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.20 AC |
| Property Type | Land | ||
| Zoning | CM2 | ||
| Price | $2,791,840 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.20 AC |
| Zoning | CM2 |
1 LOT AVAILABLE
Lot
| Price | $2,791,840 CAD | Lot Size | 0.20 AC |
| Price Per AC | $13,959,200.38 CAD |
| Price | $2,791,840 CAD |
| Price Per AC | $13,959,200.38 CAD |
| Lot Size | 0.20 AC |
Approximately 9,000-square-foot property comprises two adjacent tax lots.
DESCRIPTION
The parcels at 5327 and 5405 NE Glisan Street represent an opportunity to invest in a permit-ready multifamily development in close-in Northeast Portland. The approximately 9,000-square-foot property comprises two adjacent tax lots. The investment opportunity includes approved plans for a four-story, 33-unit apartment complex with a mix of studio and one- and two-bedroom units with shared laundry facilities on every floor, two ground-floor retail spaces, and a community rooftop deck. Plans for the project have been “approved to issue” by the city of Portland. Boasting a Walk Score of 84 and a Bike Score of 93, the Glisan Street property sits in an amazing location that provides easy access to virtually all corners of the city.
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5405 NE Glisan St - 5327 & 5405 NE Glisan Street
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