SW 3rd Ave & SW Oak St - Commercial LAND FOR SALE
Portland, OR 97204 | 10,019 SF
503-221-4830
SW 3rd Ave & SW Oak St
Portland, OR 97204
HIGHLIGHTS
- OPPORTUNITY ZONE: The SW 3rd & Oak site is located within a Qualified Opportunity Zone.
- ACCESS TO TRANSIT: The site is only two blocks away from the MAX light rail, has convenient access to all MAX lines, as well as numerous bus stops.
- PROXIMITY TO MAJOR EMPLOYERS: Located in Portland's CBD and there are approximately 272,000 employees within two-miles of the site.
- FUTURE MULTIFAMILY IS SCARCE: Apartment demand continues to escalate, while occupancy rates and rents are forecasted to keep increasing.
- HOTEL SITE: Its location in Portland's CBD, within close proximity to large employers and amenities makes the site will suited for hotel development.
OVERVIEW
AVAILABLE ADDITIONAL FAR: The Site comes with an additional 96,000 SF of FAR from neighboring properties, that can be allocated to a new development.
ADDITIONAL TERMS: Additional Terms are applicable and are provided in the virtual deal room for review. Please execute the confidentiality agreement and call the CBRE listing team for further information.
FOR SALE DETAILS
PRICE
Request Info for Price
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Development Site
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial
LAND ACRES
0.23 AC
LAND SF
10,019 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
Central Commercial (CXd)
APN/PARCEL ID
R246035
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503-221-4830
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503-221-4830
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