Owner will entertain Owner Carry offer. Excellent redevelopment opportunity on this double commercial lot to build new mixed use Retail below and Apartments above with CM2 zoning. Currently includes large classic fixer home and old detached garage.Two bedrooms up stairs, one bedroom in basement, fireplace, 1 full bath, washer/dryer hookups in basement. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits.Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas
Listing Provided Courtesy of Crystal Bacon, Premiere Property Group LLC
General Information
240551500
LiveWorkUnit
356
DOM
6969.6 SqFt
1936
1914
CM2
Multnomah
R294853
CommercialSale
LiveWorkUnit
VERNON, BLOCK 2, LOT 19&20
Listing Provided Courtesy of Crystal Bacon, Premiere Property Group LLC
Krishna Realty data last checked: Apr 26, 2026 18:20 | Listing last modified Apr 02, 2026 19:41,
Source:
Owner will entertain Owner Carry offer. Excellent redevelopment opportunity on this double commercial lot to build new mixed use Retail below and Apartments above with CM2 zoning. Currently includes large classic fixer home and old detached garage.Two bedrooms up stairs, one bedroom in basement, fireplace, 1 full bath, washer/dryer hookups in basement. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits.Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas
