4822 N VANCOUVER AVE, Portland, OR 97217

$2,500,000

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List Price
$2,500,000
Days on Market
264
MLS#
324731957
Property Type
Land
Lot Size
20, 000 SqFt to .99 Acres
Region
Portland North
Status
ACTIVE

Property Description

Located in the heart of North Portland near the N Williams and N Vancouver corridors, this .85-acre parcel (approx. 37,000 SF) is zoned RM2. A rare opportunity for builders and developers it combines size, zoning, and location. This property has excellent potential for apartments, townhomes, or multi-dwelling construction in one of Portland’s most in-demand neighborhoods.Close to major employment centers, public transit, and neighborhood amenities, the location supports a wide range of development possibilities.A prime investment opportunity for builders and developers looking to capture scale and value in an area where parcels of this size are nearly impossible to find.Buyer to verify all zoning, development potential, and site conditions with the City of Portland. Also see Multi-Family listing #164143272. See attached Developer’s Package. City of Portland Zoning information link is also attached shown as "Other".

Additional Information

High School
Jefferson
Elementary School
Boise-Eliot
Middle School
Harriet Tubman
Acres
0.85
Property Type
Multi Family
Terms
Cash, Conventional, FHA, VA Loan
Utilities Included
Electricity Connected, Phone Connected, Power-500'+, Public Water-500'+, Water Connected
Additional Parcels Yn
Yes
Present Use
Commercial
Road Surface
Paved

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

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