Prime Development Opportunity in Portland’s Foster-Powell Neighborhood! This cleared and prepped site offers remarkable flexibility, whether you choose to proceed with the nearly permit-ready condo project or reimagine the space for a different development. The current design includes plans for six beautifully designed, approximately 1,800 square foot condos, each offering three bedrooms, two and a half bathrooms, and optional rooftop decks to capture stunning Portland views. The purchase includes all architectural plans and engineering, with building permits potentially ready for issuance in as little as 60 days. This project is already well underway, with right-of-way improvements 90% approved, a fully paid and approved demolition permit for the existing structures, and certified completion of lead and asbestos abatement with close-out
Listing Provided Courtesy of Shayda Rohani, Lovejoy Real Estate
General Information
379652990
ResidentialRecreational
2
DOM
8276.4 SqFt
R1
Multnomah
R126348
Atkinson 6/10
Mt Tabor
Franklin 5/10
Land
ResidentialRecreational
CANNONS ADD, BLOCK 3, LOT 1&2
Listing Provided Courtesy of Shayda Rohani, Lovejoy Real Estate
Krishna Realty data last checked: Jun 14, 2025 19:20 | Listing last modified May 08, 2025 11:41,
Source:
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Residence Information
No
Features and Utilities
Financial
6344.25
0
Cash,Other
05-06-2025
No
No
Comparable Information
2
39
Cash,Other
$750,000
$750,000
May 08, 2025 11:41
Schools
public Elementary : Atkinson
6/10Ratings Middle : Mt Tabor N/ARatingspublic High : Franklin
5/10Ratings
Prime Development Opportunity in Portland’s Foster-Powell Neighborhood! This cleared and prepped site offers remarkable flexibility, whether you choose to proceed with the nearly permit-ready condo project or reimagine the space for a different development. The current design includes plans for six beautifully designed, approximately 1,800 square foot condos, each offering three bedrooms, two and a half bathrooms, and optional rooftop decks to capture stunning Portland views. The purchase includes all architectural plans and engineering, with building permits potentially ready for issuance in as little as 60 days. This project is already well underway, with right-of-way improvements 90% approved, a fully paid and approved demolition permit for the existing structures, and certified completion of lead and asbestos abatement with close-out
