Exceptional commercial opportunity in Portland on 1.42 acres with flexible MR1/RCC zoning and outstanding development potential. Situated in a high-traffic location, the property includes approximately 21,000 SF (0.48 AC) of front retail/restaurant-zoned land (RCC) and 40,855 SF (0.94 AC) of rear multifamily-zoned land (MR1), offering a rare mix of commercial and residential possibilities. Existing improvements include a 3,200 SF commercial building sold as-is, a large detached shop with garage doors, and a mobile home of no assigned value. Ideal for investors, owner-users, or developers seeking live/work potential, mixed-use opportunities, or future income-producing uses.
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Listing Snapshot
Price
$2,400,000
Days On Site
19 Days
Bedrooms
N/A
Inside Area (SqFt)
3,208 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.42 Acres
Year Built
1964
MLS® Number
344745197
Status
Active
Property Tax
$19,454.77
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
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Recent Activity
6 days ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
1.42
Additional Property Use
Multi-Family
Parking
CoveredOn Site
Sewer
Public Sewer
SqFt Total
3208
Zoning
MR1/RCC
Interior Features
Heating
Forced Air
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Exterior Features
Construction Details
Metal SidingStucco
Roof
FlatMetal
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City
Waterview
City
Community Features
Financing Terms Available
CashConventional
MLS Area
_145
Roads
Paved
Listing courtesy of Andrew Finkle of Home & Hearth Realty Group (971) 404-5566