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7601 SE Division St

Portland, OR 97206

$4,075,000

Land For Sale  •  0.92 ac

Property Details

  • Property Type Land
  • Lot Size 0.92 ac
  • Zoning CM2
52 Transit Score
76 Walk Score

Description

Development Opportunity on SE Division St
Multifamily - Retail - Office - Medical
One Block to Portland Community College

PRICE REDUCED!
Sale Price: $4,075,000 ($101.68 / SF)
Land Area: 40,075 SF (0.92 AC)

Property Features:
• 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

Location Features:
• SE Division Street Near I-205 and 82nd Ave: Over 18,000 VPD
• One Block to Portland Community College Southeast Campus - 11,000 Students
• Nearby Major Retail Centers on SE 82nd Ave, Warner Pacific College,
Pioneer Special School, Bridger Elementary, and Mt. Tabor Nature Park

Property Flyers

Public Transportation

AirportDriveWalkDistance
Portland International Airport 14 min - 9.3 mi
Nicholas Diamond 503-222-2655 Real Estate Investment Group
Nicholas Diamond 503-222-2655 Real Estate Investment Group