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9639 SE Foster Rd Portland, OR 97266

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For Sale
$345,000

10,722 SF CM3 zoned land in Portland's Foster Corridor.

Lot size:
0.25 Acres

Property Features for 9639 SE Foster Rd

General Information

Standard status
Active
Lot size
0.25 Acres

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Listing Contact
Lisa Mehlhoff
Source: Corcoran

Listing Agency: Real Broker, LLC Listing Agent: Lisa Mehlhoff

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

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Overview

Foster Corridor Mixed-Use Development Site

This 10,722 square foot property, situated in Portland’s Foster Corridor and Lents Town Center district, presents an opportunity for investors and developers. Zoned CM3 – Commercial Mixed Use, the site offers potential for multifamily or mixed-use development along a designated urban corridor in Southeast Portland. The lot size could potentially support a 20–28 unit apartment or mixed-use project, with the possibility of ground-floor retail, live/work space, or neighborhood commercial uses with residential units above. The CM3 zoning allows for a range of uses, including multifamily housing, apartments, commercial services, office space, and mixed-use residential projects. Located minutes from Lents Town Center, the MAX Green Line station, and I-205, the property benefits from connectivity due to its proximity to transit lines and I-205. The Foster corridor has seen street improvements, pedestrian upgrades, and new mixed-use housing projects. Future residents would be close to the Springwater Corridor Trail, Mt. Scott Community Center, neighborhood parks, and local dining, while remaining connected to downtown Portland. Development opportunities with CM3 zoning and over 10,000 square feet of land are increasingly rare along the Foster corridor.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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
-122.5639117
Latitude
45.4786287

FAQs

What type of property is this?
Commercial land - 10,722 SF CM3 zoned land in Portland's Foster Corridor.
Where is this commercial land located?
The property is located at 9639 SE Foster Rd Portland, OR.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: - Rare 10,722 SF CM3 Zoned Development Opportunity on Foster Corridor; - Potential for 20-28 Unit Multifamily or Mixed-Use Project; - CM3 Zoning Allows Diverse Uses: Multifamily, Commercial, Office, Mixed-Use
More about this property
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