S Water Ave, Portland, Or 97201Portland, OR 97201Price: $550,000

Price: $550,000
Est. Mortgage of $/month
183 Days on Market

This unique opportunity is a flat, paved 5,300 sq ft parking lot comprised of three CI2 tax lots nestled in South Portland. Make sure not to overlook the unique zoning that allows for commercial uses, including storefront/retail, outside of its apparent university designations; this zoning is comparable to CM3. The floor area ratio (FAR) is 3:1, and it allows for a maximum height of 75'.This lot has excellent access to OHSU, Under Armour, PSU, SW, and downtown Portland. It is also in close proximity to the Ross Island Bridge, providing a quick trip across the Willamette River to some of Portland's most popular Eastside neighborhoods. This location boasts a desirable walk, bike, and transit score, with many public transit stops just around the corner. Please note that this paved lot is secured by a gated silver link fence.

"Based on information submitted to OR_RMLS_API as of December 1, 2023 10:52 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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S Water Ave, Portland, Or 97201Portland, OR 97201Price: $550,000

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Juli Whelchel

S Water Ave, Portland, Or 97201Portland, OR 97201Price: $550,000

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