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7601 SE Division St
Portland, OR 97206 Montavilla

$3,600,000 USD

Land For Sale  •  0.92 AC

Property Details

  • Property Type Land
  • Lot Size 0.92 AC
  • Zoning CM2
50 Transit Score
74 Walk Score

Description

Development Opportunity on SE Division St
Multifamily - Retail - Office - Medical
One Block to Portland Community College
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Sale Price: $3,600,000 ($90/SF)
Land Area: 40,075 SF (0.92 AC)

Highlights

Development Site at SE Division St. & SE 76th Ave
Building Potential: Based on 4:1 FAR + Bonus Potential of 160,300 SF Buildable Area
Multifamily Potential of up to 213 Units (Based on Avg. Unit Size of 750 SF) or Ideal for Micro Units at Even Higher Density
Zoning: CM2 (Commercial/Mixed Use 2)
Permitted Uses under CM2 Zoning Include: Multifamily, Residential, Retail, Office

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
17 min - 7.1 mi
Transit/SubwayDriveWalkDistance
SE Division Street (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 7 min 20 min 1.0 mi
AirportDriveWalkDistance
Portland International 17 min - 8.9 mi
Nicholas Diamond 503-222-2655 Capacity Commercial Group LLC
Nicholas Diamond 503-222-2655 Capacity Commercial Group LLC