Montavilla Mixed-Use Redevelopment
For Sale
$820,000
8523 SE STARK, Portland, OR 97216
CM2 zoned land for mixed-use development in East Portland.
Property SizeContact for details
Lot Size0.29 Acres
Days on Market181
Property Features for 8523 SE STARK
General Information
Standard status
Active
Lot size
0.29 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$10,371
Amenities
Corner Lot
Listing Agency:
ROSE COUNTRY REALTY
(503) 894-8989
Listed By:
ANNIE WRUCKE · License #960800173
Source:
Corcoran
Added: Feb 12
Changed: Aug 8
Last Checked: Aug 8 at 6:08AM
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 ROSE COUNTRY REALTY
Investment Insights
Based on property information with market context.
This property presents a mixed-use redevelopment opportunity in Montavilla, featuring two parcels situated on a corner site with dual access points. The CM2 zoning supports a range of commercial and mixed-use development concepts, including residential units and retail/residential combinations, pending buyer verification. The property is marketed primarily for its land value and future development potential. Existing improvements are present but may be considered non-contributory. A billboard lease is currently in place. Utilities are available at the street, though the gas meter has been removed. The location offers visibility and access near major arterials and freeway routes, providing long-term redevelopment potential within an established East Portland corridor. The seller may consider partial seller carry financing, subject to agreed-upon terms. Intended use of the property is for commercial or mixed-use development.
Key Highlights
- Exceptional CM2 mixed‑use redevelopment opportunity.
- Prominent corner site with dual access points.
- Zoning supports a wide range of commercial and mixed‑use development concepts.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 97216, OR
17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - CM2 zoned land for mixed-use development in East Portland.
Where is this commercial land located?
The property is located at 8523 SE STARK Portland, OR.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Exceptional CM2 mixed‑use redevelopment opportunity.; Prominent corner site with dual access points.; Zoning supports a wide range of commercial and mixed‑use development concepts.
