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7601 SE Division St
Portland, OR 97206 Montavilla

$4,075,000

Land For Sale  •  0.92 ac

Property Details

  • Property Type Land
  • Lot Size 0.92 ac
  • Zoning CM2
52 Transit Score
72 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

Transit/SubwayDriveWalkDistance
SE Division Street Transit Stop (MAX Green Line) 7 min 20 min 1.0 mi
AirportDriveWalkDistance
Portland International Airport 17 min - 7.0 mi
Nicholas Diamond 503-222-2655 Real Estate Investment Group
Nicholas Diamond 503-222-2655 Real Estate Investment Group