Mt Tabor Development Opportunity 5633 SE Division St 1,005 SF Retail Building Portland, OR 97206 $1,641,240 CAD ($1,633.07 CAD/SF)

Here is a fantastic development opportunity in the highly desirable neighborhood of South Mt. Tabor. This 14,000 sf flat and highly efficient rectangular site is great for multitude of uses with multi-story multifamily with ground floor retail the most sensible (Up to 50 units) but could be a owner user site for health care use/clinic; office; education/daycare; retail and more. CM2 commercial mixed use zoning that has heights up to 45' and higher with bonus allowed. Located on highly travelled and accessible Southeast Division street which has many food/beverage; retail; services in close proximity. Beautiful and revered Mt. Tabor park with trails; tennis courts; meadows; dog park; and stunning views of downtown Portland only blocks away. Trimets Rapid Transit bus service gives quick access to core Portland and all the way out to Gresham. Atkinson Elementary across the street along with renovated Franklin High School to. Warner Pacific College and Portland Community College's large southeast campus just down the street. Ownership flexible in giving time for buyer to make progress on any development plans.
Priced at $85 psf.