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Portland, OR — photograph 1

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Portland, OR — photograph 1
0.8 Acres

Portland

$1,100,000

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ActiveMLS®: 24028799Listing held by another brokerage, marked RMLS
Lot size
34,848 sqft
Property type
Land
Days on market
659

Overview

Located at the SW corner of NE 181st Ave and Sandy Blvd, this .82-acre lot offers an exceptional opportunity for commercial development in a highly visible and high-traffic area of Gresham. Zoned for Moderate Commercial use, the property is ideal for a range of businesses, including retail, office space, and service-oriented establishments.The lot boasts easy access to major roadways, ensuring convenience for both customers and employees. It is surrounded by a variety of commercial and residential properties, making it a prime location for new ventures. With a favorable zoning designation, you have the flexibility to create a space tailored to your business needs.Whether you're looking to expand your business or invest in a growing area, this lot offers significant potential for success. Don’t miss the opportunity to secure this prime piece of real estate in a bustling area of Gresham!For more details, contact us today.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
34,848 sqft
Lot features
Corner Lot, Trees
View
No

Schools

High school
Parkrose
Middle school
Reynolds
Elementary school
Wilkes

Location

City
Portland
County
Multnomah
Zoning
MC

Taxes and dues

Annual taxes
$7,844 (2024)

Monthly payment estimate

$6,508 /mo

20% · $220,000
7.00%
Principal and interest
$5,855
Property tax (2024)
$654
Total
$6,508

Estimate only, and not an offer of credit. Assumes 20% down ($220,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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