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306 SE 8Th Ave Portland, OR 97214

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For Sale
$5,000,000

144-unit mixed-use development site in SE Portland's Buckman neighborhood.

Property size:
19,088 SF
Lot size:
19.00 Acres

Property Features for 306 SE 8Th Ave

General Information

Size
19,088 SF
Lot size
19.00 Acres

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Listing Contact
Nicholas Diamond
Source: Corfac

Listing Agent: Nicholas Diamond

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

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Overview

Permit Ready Development Opportunity

This is a permit-ready development site located in the Buckman neighborhood of SE Portland. The property is a fully entitled development opportunity for 144 units, with a mix of studio, one-bedroom, and two-bedroom units. The conceptual mixed-use building is planned to be seven stories and include 3,255 square feet of commercial space. The building gross area is 109,586 square feet, plus 5,659 square feet of amenity space. The gross land area is 19,088 square feet. The property includes vested pre-inclusionary zoning and is located within an Opportunity Zone. Select apartment units will include walk-in closets and balconies with views of the Willamette River, Mt. Hood, and Downtown Portland. The building includes a resident lounge and fitness room with an outdoor amenity deck. There are 26 garage stacking spaces for parking. The property is near notable Portland developments including Soho House, Grand Stark Hotel, District Office and Modera Belmont. It is within walking distance to the TriMet Bus Lines and within the Portland Streetcar Loops A & B. The property is located on the corner of SE 8th Ave and SE Pine Street.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

Location Insight

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  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.657259
Latitude
45.5205411

FAQs

What type of property is this?
Commercial land - 144-unit mixed-use development site in SE Portland's Buckman neighborhood.
Where is this commercial land located?
The property is located at 306 SE 8Th Ave Portland, OR.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: - Permit-ready development site in SE Portland's Buckman neighborhood.; - 144-unit mixed-use development opportunity with studio, 1 & 2 bedroom units.; - Includes vested pre-inclusionary zoning and located within an Opportunity Zone.
More about this property
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