5417 NE 15th Ave 1,936 SF Specialty Building Offered at $752,224 CAD in Portland, OR 97211

Excellent Redevelopment Opportunity! Mixed use 4-5 story with retail below and residential units above. Many other possibilities with this CM2 zoning. Double lot with large classic fixer home and old detached garage. Two bedrooms up stairs, one bedroom in basement, fireplace, 1 full bath, washer/dryer hookups in basement. Commercial/Mixed Use 2 zone. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited o-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas. https://www.portland.gov/sites/default/les/code/130-c-zones_0.pdf