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Listed by Home & Hearth Realty Group
$ 2,400,000
Est. payment | /mo
1.42 Acres Lot
$ 2,400,000
Est. payment | /mo
1.42 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 774983363
HOA Y/N No
Annual Tax Amount $19,454
Tax Year 2025
Lot Size 1.420 Acres
Property Sub-Type Mixed Use
Property Description
Exceptional commercial opportunity in Portland on 1.42 acres with flexible MR1/RCC zoning and outstanding development potential. Situated in a high-traffic location, the property includes approximately 21,000 SF (0.48 AC) of front retail/restaurant-zoned land (RCC) and 40,855 SF (0.94 AC) of rear multifamily-zoned land (MR1), offering a rare mix of commercial and residential possibilities. Existing improvements include a 3,200 SF commercial building sold as-is, a large detached shop with garage doors, and a mobile home of no assigned value. Ideal for investors, owner-users, or developers seeking live/work potential, mixed-use opportunities, or future income-producing uses.
Location
State OR
County Clackamas
Area _145
Zoning MR1/RCC
Exterior
Utilities Available ElectricityConnected, SewerConnected, WaterConnected
Garage No
Building
Lot Description On Busline, Private, Private Road
Schools
Elementary Schools Whitcomb
Middle Schools Rowe
High Schools Milwaukie
Others
Acceptable Financing Cash
Listing Terms Cash
We're always here to help. Let's connect!
Matthew Tercek
Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com