Exceptional CM2 mixed-use redevelopment opportunity in Montavilla with two parcels on a prominent corner site and dual access points. Zoning supports a wide range of commercial and mixed-use development concepts, including residential units and retail/residential combinations, subject to buyer verification.The property is being marketed primarily for land value and future development potential. Existing improvements are present and may be considered non-contributory. Billboard lease in place. Utilities available at the street; gas meter has been removed.Strategically located with visibility and access near major arterials and freeway routes, offering long-term redevelopment potential in an established East Portland corridor. Seller may consider partial seller carry financing, subject to terms. Interior access by appointment only.
Listing Provided Courtesy of Annie Wrucke, Rose Country Realty
General Information
257351644
MixedUse
2
DOM
0.29 acres
CM2
Multnomah
R284602
Vestal
Harrison Park 4/10
Leodis McDaniel
Land
MixedUse
TERRACE PK, BLOCK 4, E 1/2 OF LOT 2, LOT 3
Listing Provided Courtesy of Annie Wrucke, Rose Country Realty
Krishna Realty data last checked: Feb 22, 2026 00:51 | Listing last modified Feb 13, 2026 08:44,
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Residence Information
No
Features and Utilities
Financial
10370.56
0
Cash,Contract,Rehab
02-11-2026
No
No
Comparable Information
2
11
Cash,Contract,Rehab
$820,000
$820,000
Feb 13, 2026 08:44
Schools
Elementary : VestalN/ARatingspublic Middle : Harrison Park
4/10Ratings High : Leodis McDanielN/ARatings
Exceptional CM2 mixed-use redevelopment opportunity in Montavilla with two parcels on a prominent corner site and dual access points. Zoning supports a wide range of commercial and mixed-use development concepts, including residential units and retail/residential combinations, subject to buyer verification.The property is being marketed primarily for land value and future development potential. Existing improvements are present and may be considered non-contributory. Billboard lease in place. Utilities available at the street; gas meter has been removed.Strategically located with visibility and access near major arterials and freeway routes, offering long-term redevelopment potential in an established East Portland corridor. Seller may consider partial seller carry financing, subject to terms. Interior access by appointment only.