Entitled Multifamily Development
119 N Pacific, Woodburn, OR 97071
35-unit multifamily development opportunity in Woodburn with approved permits.
- Added:
- May 22, 2025
- Days on Market:
- 360
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 119 N Pacific
General Information
- Standard status
- Active
Listing agent JORDAN SPARKS License #200610098
Listing office SMI COMMERCIAL REAL ESTATE LLC (541) 646-0650
Listing date May 22, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SMI COMMERCIAL REAL ESTATE LLC
HighLights
- Fully entitled 35‑unit multi‑family development opportunity.
- Foundation and Grading permits approved, allowing immediate groundbreaking.
- ODOT approved approach with bond paid and transferred at closing.
- Modern design provided by Studio 3 Architecture.
- Features a mix of 2‑bed/1‑bath and 3‑bed/2‑bath units.
- High visibility with over 220’ of Highway 99 frontage and MUV zoning, offering alternative commercial development opportunities.
Overview
This is a fully entitled 35-unit multifamily development opportunity located in Woodburn. The modern design is provided by Studio 3 Architecture. The project comprises a mix of 18 two-bedroom, one-bathroom units and 17 three-bedroom, two-bathroom units. It has ODOT approved approach with bond paid and transferred to buyer at closing. Foundation and grading permits are approved, providing the ability to break ground upon closing. Vertical building permits have been applied for while excavation and site prep work is being completed. Woodburn's population is projected to grow approximately 30% by 2030 due to an increased workforce spurred by Amazon's new fulfillment center. MUV zoning and over 220 feet of Highway 99 frontage provide high visibility and traffic count, creating a multitude of alternative commercial development opportunities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Woodburn
- County
- Marion
- State
- Oregon
- Longitude
- -122.823
- Latitude
- 45.1622
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 35-unit multifamily development opportunity in Woodburn with approved permits.
Where is this apartment building located?
The property is located at 119 N Pacific Woodburn, OR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully entitled 35‑unit multi‑family development opportunity.; Foundation and Grading permits approved, allowing immediate groundbreaking.; ODOT approved approach with bond paid and transferred at closing.
