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
638680121
Income
404
DOM
0.29 acres
2729
1937
CM2
Multnomah
R284602
CommercialSale
Income
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: Mar 16, 2026 03:48 | Listing last modified Feb 18, 2026 18:13,
Source:
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.
