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1200-1218 North Killingsworth St Portland, OR 97217

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For Sale
$950,000

Commercial land suitable for mixed-use development up to seven stories.

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Listing Contact
Jason VanAbrams
Source: Corfac

Listing Agent: Jason VanAbrams

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Development Land Available

This commercial mixed-use development land comprises approximately 0.23 acres, equivalent to roughly 10,000 square feet, and consists of two lots. The property is zoned CM3, a designation intended for large-scale, mixed-use sites situated near the Central City, in high-capacity transit station areas, or along civic corridors. Buildings within this zone can typically reach up to six stories, with the potential for seven stories when bonus provisions are utilized. The zoning allows for a maximum height of 65 feet, potentially increasing to 75 feet with bonus provisions, and a Floor Area Ratio (FAR) of 3:1, which can increase to 5:1 with bonuses. Parking is generally not required for non-residential uses or for residential developments with fewer than 30 dwelling units located near transit. Larger residential or mixed-use developments and locations farther from transit generally require parking. The property benefits from a highly visible location on North Killingsworth at I-5, near PCC’s Cascade Campus. The CM3 zoning allows for up to seven stories of new construction, typically multifamily over ground-level retail.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Portland
County
Washington
State
Oregon
Longitude
-122.6793439
Latitude
45.5623626

FAQs

What type of property is this?
Commercial land - Commercial land suitable for mixed-use development up to seven stories.
Where is this commercial land located?
The property is located at 1200-1218 North Killingsworth St Portland, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: - CM3 zoning allows for up to seven stories of new construction, typically multifamily over ground-level retail.; - Highly visible location on North Killingsworth at I-5 near PCC’s Cascade Campus.; - Commercial Mixed Use 3 Zoned Development Land ±0.23 Acres (±10,000 SF) (2 Lots).
More about this property
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