Multifamily Property for Sale in Portland, OR

  • Price: $4.5M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Portland, OR 97217
  • Year built: 1955

Description

0.52 AC of prime commercial re-development land in one of Portland's most active development corridors. The Property is currently built as an operating motel. It is zoned CM-3 Commercial Mixed Use, with a FAR of 3:1 (5:1 with bonuses). It sits directly on the MAX Yellow Line and N Interstate Ave, one of the city's primary north-south arterials. Land Size: 0.52 Ac | Year Built: 1955 | Listing Type: FOR SALE

Market Context

This multifamily in Portland, OR is listed for sale at $4,500,000. The building dates to 1955. It has been on the market for 38 days. Compare it against other multifamily listings for sale in Portland, OR — <a href="/search/sale/multifamily/oregon/portland">view the full market</a>.

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