Land For Sale
1715, 1729, 1743 Washington Street, Oregon City, OR 97045
Overview
| Property Type | Land |
|---|---|
| Property Subtype | Multifamily |
| Number Of Lots | 4 |
| Total Lot Size | 2.14 Acres |
| Zoning | MUD Mixed Use Downtown |
| Size Summary | 2.14 Acres |
Highlights
- Fast-growing South Metro suburb
- $19,000 a month in-place income
- Mixed Use Downtown zoning
- Land use approvals in place for 131-unit multifamily building
- Site qualifies for Vertical Housing Tax Credits
- Immediate access to Highway 99E and Interstate 205
Description
Covered land redevelopment with approximately $19,000 in current monthly revenue.
2.14 acres zoned Mixed Use Downtown (MUD). Seller has land use approvals for 131 units of multifamily and ground floor commercial space. Property qualifies for Vertical Housing Tax Credits with up to 80% property tax exemptions for 10 years.
Location
The Washington Street Redevelopment Site in Oregon City is situated within walking distance of the historic downtown area, which offers numerous quaint shops, restaurants, and galleries. The property is adjacent to the Oregon City Amtrak Station and Coasters Restaurant providing a peaceful and tranquil setting. It is surrounded by beautiful rolling hills and is close to an array of outdoor activities.
Contact Broker
Skip Rotticci, CCIM
Broker
Macadam Forbes
| Cell | 503.314.0527 |
|---|---|
| Office | 503.972.7284 |
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