5714 SE 88TH AVE Portland, OR 97266

Active

$700,000

Request Info

1,708 sq. ft.
0.20 Acres
Commercial
Listing# 23534223

Listing provided courtesy of: MORE Realty

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Property Details

Description

GREAT INVESTMENT OPPORTUNITY for Multi Family Commercial Development. This property sits on 8850 sq ft of CM3 ( Commercial Mixed Use )Zoning. Corner lot just off of Foster Road. Light Rail few blocks away. High Density Commercial Mixed Use Zone offers flexibility for your development mix. No Parking Requirement. House could be a tear down. Fantastic Location for your business and work/live opportunity. THE SELLER OFFER AN OWNER CARRIED CONTRACT WITH GENEROUS TERMS AND ECONOMICS.MAKE AN OFFER!!

General Features
- Tax Annual Amount $4,905
- Year Built 1910
- County Or Parish Multnomah
- Property Sub Type Commercial
- Listing Terms Cash, Contract, Conventional
- Tax Year 2022
Building Features
- Building Area Total 1708.0
- Roof Composition
- Parking Total 2.0
- Stories 1
- Cooling None
- Parking Features Covered, On Street
- Construction Materials Lap Siding, Wood Siding
- Other Equipment Fixtures, Smoke Detector
- Heating Radiant
- Garage Spaces 2.0
Property Features
- Internet Service Type Satellite,Wireless
- Road Surface Type Paved
- Lot Size Acres 0.2
- Lot Size Dimensions 88X107
- Water Source Public Water
- View City
- Sewer Public Sewer

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Neighborhood

97266 (Portland) Demographics

37 Median Age

6,074 Population Density (per sq. mile)

34% College Educated

$59,062 Estimated Median Income

7,421 Estimated Total Home Owners

6,018 Estimated Total Renters

55% / 45% Estimated Owner / Renter Divide

3 Estimated Average Household Size

36,818 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$394,950 Median Sales Price

46 Homes Sold

23 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $700,000
3/8/2023 2:38:00 PM	New in Database Source: Multiple Listing Service	New Value: $700,000

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** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than MORE REALTY are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2023 RMLS™, Portland, Oregon. This content last updated on 3/27/2023 4:38:27 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.