3620 NE M L KING BLVD, Portland, OR 97212

$700,000

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List Price
$700,000
Days on Market
154
MLS#
556474921
Property Type
Land
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Seize a rare opportunity to acquire 9,000 square feet of high visibility development land along the NE Martin Luther King Jr. Boulevard corridor. Comprised of three separate tax lots and zoned CM2, the site supports potential for a wide range of higher density residential, retail, office, and mixed use development potential. With strong street presence and consistent daily traffic exposure, the property is well positioned for a mixed use concept featuring active ground floor retail with residential above. Strategically located with convenient access to major arterials, public transit, and approximately one mile from Legacy Emanuel Hospital. Surrounding development activity, neighborhood amenities, and proximity to central Portland employment hubs further reinforce the long term fundamentals of this location. Buyer to perform all due diligence with the City regarding development capacity.

Additional Information

High School
Jefferson
Elementary School
Sabin
Middle School
Harriet Tubman
Acres
0.21
Property Type
Mixed Use
Lot Size Dimension
90x100
Terms
Cash, Conventional
Utilities Included
Public Sewer, Water Available
Additional Parcels Yn
Yes
Manufactured Home Allowed Yn
Yes
Present Use
Commercial, Mixed Use, Multi Family
Road Surface
Paved

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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