Description
Development opportunity in a fantastic location. Only 3 blocks from SE 13th Ave in Sellwood with its food carts, New Seasons Market, library, coffee shops, tasty restaurants, professional services, etc. The CM2 zoning allows for multi-family development with a Base FAR of 2:5-1 that can be increased to 4:1 with bonus. Currently leased to commercial NNN tenant, base rent $1,195. Value is in land.
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0.11ACRES
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01/2 BATHS
School Information
Description
Development opportunity in a fantastic location. Only 3 blocks from SE 13th Ave in Sellwood with its food carts, New Seasons Market, library, coffee shops, tasty restaurants, professional services, etc. The CM2 zoning allows for multi-family development with a Base FAR of 2:5-1 that can be increased to 4:1 with bonus. Currently leased to commercial NNN tenant, base rent $1,195. Value is in land.
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