Auction Information
0.92 Acres in Portland, OR
PUBLISHED RESERVE: $150,000
LAST ASKING PRICE: $247,500
SIZE: .92± Acres
ZONING: CG - General Commercial
PROPERTY INSPECTION: At Any Time
FINANCING: None - All Cash
DESCRIPTION: This 40,075± sq. ft. in-fill development site, located in southwest Portland and overlooking Barbur Boulevard, has excellent access to both I-5 and downtown Portland. There are two apartment buildings located by the site along S.W. Luradel Street, and the property has potential for development of affordable housing, with Barbur Boulevard Transit Center nearby. The CG zoning allows a variety of uses including apartment, office, retail and additional commercial uses. (See zoning information and other site data in Supplemental Information Package.) Access to the property is currently from SW 47th Avenue. An entry from Barbur Boulevard will require Oregon Department of Transportation approval. All uti...
DESCRIPTION: This 40,075± sq. ft. in-fill development site, located in southwest Portland and overlooking Barbur Boulevard, has excellent access to both I-5 and downtown Portland. There are two apartment buildings located by the site along S.W. Luradel Street, and the property has potential for development of affordable housing, with Barbur Boulevard Transit Center nearby. The CG zoning allows a variety of uses including apartment, office, retail and additional commercial uses. (See zoning information and other site data in Supplemental Information Package.) Access to the property is currently from SW 47th Avenue. An entry from Barbur Boulevard will require Oregon Department of Transportation approval. All utilities are available to the property from SW 47th Avenue
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Research Parcel InformationDirections
Township 1 South, Range 1 East, Section 30 DA, Tax Lot 5900. From Barbur Boulevard, take Capitol Highway south three blocks to SW Luradel Street. Proceed two blocks and turn right on SW 47th Avenue. Follow to property at the end of the street.