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NE 5th and NE Cleveland - Vacant Land NE 5th St. Gresham 0.68 Acres of Residential Land Offered at $1,559,515 CAD in Gresham, OR 97030

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Investment Highlights

Ideal Location

Level site

Property Facts

Price	$1,559,515 CAD	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Single Family Development
No. Lots	1	Total Lot Size	0.68 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	DRL-2 - Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage c

Price	$1,559,515 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Single Family Development
Total Lot Size	0.68 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	DRL-2 - Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage c

1 Lot Available

Lot 1 &2

Price	$1,559,515 CAD	Lot Size	0.68 AC
Price Per AC	$2,293,404.35 CAD

Price	$1,559,515 CAD
Price Per AC	$2,293,404.35 CAD
Lot Size	0.68 AC

Description

Prime development parcels are perfectly positioned in vibrant Historic Downtown Gresham, bustling with delightful restaurants, trendy shops, and an array of local amenities. Zoned DRL-2, a mixed-use sub-district, will allow single detached dwellings while also allowing duplexes, triplexes, quadplexes, townhouses, cottage clusters, multifamily, and small-scale commercial activities. All utilities available. This rare gem presents more than just land; it offers limitless potential in an area ripe for growth and development. Buyer to verify all information and development potential with the City of Gresham.