7601 SE Division Street Portland, OR 97206

Listing agency Capacity Commercial Group n***@capacitycommercial.com Show Phone

Listed by Nicholas Diamond · License #OR #200403266

Source Corfac

Added: Jan 26 Updated: Jul 6 at 9:22AM Checked: Jul 21 at 5:58AM

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Investment Insights

Based on property information with market context.

This 0.92-acre (40,075 SF) development opportunity is located on SE Division Street near I-205 and 82nd Ave, which sees over 18,000 vehicles per day. The site is one block from Portland Community College Southeast Campus, which has 11,000 students. Nearby are major retail centers on SE 82nd Ave, Warner Pacific College, Pioneer Special School, Bridger Elementary, and Mt. Tabor Nature Park. Located at SE Division St. & SE 76th Ave, the property has a building potential of 160,300 SF buildable area based on a 4:1 FAR plus bonus potential. The CM2 (Commercial/Mixed Use 2) zoning permits multifamily, residential, retail, and office uses. The site has multifamily potential of up to 213 units based on an average unit size of 750 SF, and is ideal for micro units at an even higher density.

Key Highlights

• High‑Density Development Potential: Build up to 213 units on a 160,300 SF buildable area.
• Prime Location on SE Division St: Benefit from high visibility with over 18,000 vehicles per day.
• CM2 Zoning: Allows for diverse development options including multifamily, residential, retail, and office.

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FAQs

What type of property is this?

Commercial land - Prime development site near Portland Community College with mixed-use potential.

Where is this commercial land located?

The property is located at 7601 SE Division Street Portland, OR.

What is the asking price?

The asking price for this property is $3,600,000.

What are key features of this property?

This property features: High‑Density Development Potential: Build up to 213 units on a 160,300 SF buildable area.; Prime Location on SE Division St: Benefit from high visibility with over 18,000 vehicles per day.; CM2 Zoning: Allows for diverse development options including multifamily, residential, retail, and office.