LAND - Portland, OR

Located in a rapidly-developing, walkable, Sellwood pocket, this corner parcel offers a rare opportunity to purchase a development property at an attractive price. Situated just steps from neighborhood amenities, transit, and an established commercial corridor, the 5,000 SF flat lot offers outstanding flexibility for future development. CM2 zoning allows for a wide range of uses including commercial, mixed used, and residential. For development, the FAR is 2.5:1 or 4:1 with bonus. The base height is 45' or 55' with bonus. Great for a long-term investment! Seller is not willing to carry a contract.

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