N Killingsworth & I-5 Development Land Commercial Mixed Use 3 Zoned Development Land ±0.23 Acres (±10,000 SF) (2 Lots) 1200-1218 N Killingsworth St, Portland, OR 97217 • Highly Visible Location on North Killingsworth at I-5 near PCC’s Cascade Campus • Commercial Mixed Use 3 (CM3) - View Online • Zero Down Payment Financing Available for Purchase and Renovation of Existing Structure • CM3 Zoning Allows for up to Seven Stories of New Construction, Typically Multifamily Over Ground-Level Retail Building SF: 7,500 SF Land Size: ±0.23 Acres (±10,000 SF) Parcel IDs: R210632, R210633 Zoning: Commercial Mixed Use 3 (CM3) Zoning Overview: Commercial Mixed Use 3 (CM3) • The CM3 zone is a large-scale, commercial mixed use zone intended for sites close to the Central City, in high-capacity transit station areas or town centers, and on civic corridors. Buildings in this zone are generally expected to be up to six stories and may be up to seven stories when bonuses are used. • 65' maximum height, which is generally 6 stories, increasing to 75' (7 stories) with bonus provisions. • 3:1 FAR increasing to 5:1 with bonus provisions. • Parking is generally not required for non-residential uses, or for residential development that contains fewer than 30 dwelling units when development is located near transit. Parking is generally required for larger residential / mixed-use developments and in locations farther from transit. Sale Price: $950,000