This 4.45 acre site represents one of the largest mixed use development sites in the city of Portland. The property layout is well positioned for multiple buildings of apartments or senior housing. Initial layouts could accomodate up to 450 units of housing with tons of parking. The property has unobstructed views of the River; Iconic St Johns Bridge and 5000 acre Forest Park and near the natural area of Willamette Cove down the street from one of the best city parks; Cathedral Park. University of Portland also close. All new streets; curbs; planter strips and upgraded utilities is coming in 2027 with an approved LID that will greatly improve the street frontage on 3 sides of the property. Portland's core areas and Pearl District are less than 15 minutes travel time away and quaint St Johns village with tons of food/beverage/retail options nearby.. Property can bought whole or as individual lots. Waterfront developable site of 5 acres adjacent also for sale. Neighborpohood Associations highly supportive of development.
Todd DeNeffe
Cascade Commercial Real Estate
