$575,000

Excellent development opportunity with Portland’s smallest-scale, mixed-use commercial zoning designation that complements residential, commercial and mixed uses with pedestrian orientation at the forefront. This location offers the perfect blend of urban convenience and nature’s beauty. With walk and bike scores of 94 and 97 respectively, enjoy close proximity to some of East Portland’s most desirable entertainment, dining and shopping destinations. And, mere blocks from Laurelhurst Park, 32 acres of one of SE Portland’s most historic gathering places. Employ the city-approved plans for a thoughtfully designed complex of 30 efficient yet comfortable, studio and one-bedroom units while taking advantage of the city’s temporary SDC exemption! City permits approved but not Issued. Public Works will need to be started again. City water is available. Buyer to complete own due diligence. Don't miss this prime opportunity in one of Portland's most sought-after neighborhoods.