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Listed by MORE Realty • 503-516-2520
$5,600,000
Est. payment /mo
8,474 SqFt
New
4232 NE SANDY BLVD Portland, OR 97213
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,474 sqft
Price per Sqft $660
MLS Listing ID 108757022
Year Built 1914
Annual Tax Amount $55,115
Tax Year 2025
Lot Size 0.920 Acres
Property Sub-Type Commercial
Property Description
"PREMIUM HOLLYWOOD DISTRICT DEVELOPMENT OPPORTUNITY" Listing Includes 4 tax ID #s and multiple lots: R216668, R216669, R216678, R216670. 2 Existing common wall buildings; middle building attached on the west to additional building not included in the sale / different owner. Large open parking lot south of buildings with Sandy Blvd. frontage. Highest and best use likely to scrape existing buildings and develop parcels in their entirety. Approx. 0.92 +/- Acres total ground space. 190' Sandy Blvd frontage and 390' NE 43rd Ave 390's frontage. The rapidly developing Hollywood district with revitalization occurring in all directions place this site at the heart of development and ready for Grand scale development to mixed use commercial and residential. Ground floor retail, ample room for underground and/or interior parking, and 4 stories for retail and condos/apartments situate this multiple parcel / lot property in a premium position for large scale development for the highest and best use. Note: Only a very small portion of one building is leased with the balance being vacant ready for development. **Due Diligence to be completed by buyer at buyer's expense**
Location
State OR
County Multnomah
Area _142
Zoning CM2
Interior
Heating Forced Air
Exterior
Roof Type Flat
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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