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3521 N Missouri Ave - Multi-Family Site West of Mississippi Shops

0.1 Acres of Residential Land Offered at £335,325 in Portland, OR 97227

Investment Highlights

  • Corner Property to be partitioned into two 2,200sf Square Lots
  • Fantastic Highway Access yet contained in Neighborhood
  • Interstate-5 Pedestrian Bridge at N Failing Connects the Mississippi Neighborhood to North Interstate Light Rail and Beautiful Overlook Park
  • About 30 Restaurants, Taverns and Coffee Shops within 6 Blocks. Eclectic Mix of Shops with 3 Live Music Venues.
  • Surrounded by Major Employment Centers

Executive Summary

Build 2 Detached Luxury Homes each with 40 Foot Frontage on N Missouri on Separate Partitioned Lots or, Build Corner Multi-Dwelling. RM1 Zoning(SEE ATTACHED LOT ANALYSIS). After Partition $425,000 for Corner Lot and $375,000 for Interior Lot. Could also not Partition and Build One Multi Family Development or Build 2 Architecturally Significant Homes on a partitioned 4,411 square foot Lot to have a View of West Hills, Downtown and, Fremont Bridge OR the RM1 Zoning seems to allow two 3 story residences with a 3 Units on the First Floors with Generational Luxury Owners Penthouse Residences on 2nd and 3rd Floors ! Sales Price for Corner Lot to be $425,000 and Sales Price for Interior Lot to be $375,000. Zoning also allows up to 2,200sf of Daycare Usage on Ground Floor. Also Portland's highest concentration of eateries within 2 Blocks. One Corner Lot and One Interior Lot, both with Views . Or Ideal for a bold design in order to integrate an easy to manage Airbnb Capability into a Luxury Home. No Hotels in Neighborhood. Two Blocks from "Remote.ly", which is pay by the day Creative Workspace with a View, in the Flatiron Building. Do your own research if you would like or, give me a call. Offered by Owner/Broker.

Property Facts

Price £335,325
Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.10 AC

1 Lot Available

Lot 1 or 2 Lot

Price £335,325
Price Per AC £3,311,427
Lot Size 0.10 AC

Corner Micro Apartments OR, Partition w/ 2 Fremont Bridge/West Hill detached View Homes with PENTHOUSES ABOVE APARTMENTS if desired. 2 blocks W of Mississippi Shops. Bet DT Port and DT Vancouver. Lots would be ~2,200sf+. Rich Baranzano, Broker/Owner.

Description

Corner RM1 Lot allowing two Lots. Build Single Family, Mutifamily or, Hybrid Projects. Two Blocks from Mississippi Shops and Restaurants. Call for a discussion.

Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM1
RM1
  • Listing ID: 15668614

  • Date on Market: 08/04/2019

  • Last Updated:

  • Address: 3521 N Missouri Ave, Portland, OR 97227

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