11600 SW 69th Ave - Residential Income FOR SALE


Portland, OR 97223
$680,000 USD
971-344-7082
11600 SW 69th Ave, Portland, OR for Sale
$680,000 USD
Residential Income - FOR SALE
1/10
null | Request Cap Rate

11600 SW 69th Ave
Portland, OR 97223


HIGHLIGHTS

  • This property stands out for its exceptional development potential, driven by its MUE zoning.
  • Opportunity Zone designation, and strategic location next to a new light rail project
  • Positioned between I-5 and Highway 217, it offers unmatched access to major corridors, employment hubs, and retail centers

OVERVIEW

Prime 10,000 sq. ft. development opportunity in an exceptional Tigard Triangle location with territorial views. Ideally positioned between I-5 and Highway 217, and adjacent to the expanding light rail corridor, this property offers outstanding long-term redevelopment potential in one of the area’s fastest-growing urban corridors. Zoned MUE (Mixed-Use Employment), the property supports a broad range of permitted uses including mixed-use, multifamily, residential, office, commercial, light industrial, and high-density employment development. The site’s strategic location provides exceptional access to major transportation routes, key employment centers, Washington Square, and a newly developed major hotel nearby. The property includes an existing 2,012 sq. ft. tenant-occupied home featuring 3 bedrooms and 2 bathrooms, providing immediate income and potential office or holding-use opportunity while planning future development. The primary value remains in the land, zoning flexibility, and future redevelopment potential. Located within a designated Opportunity Zone, this property may offer additional long-term investment advantages for qualified buyers. The home is being sold as-is. Seller may participate in a 1031 exchange.2% courtesy to brokers

FOR SALE DETAILS

PRICE

$680,000 USD

PRICE/SF

$338 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Baylor Property

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,001 SF

ZONING

MUE (Mixed-Use Employment

APN/PARCEL ID

R0285916

ASK ABOUT THIS PROPERTY

Randy DurigBaylor PropertyMore Info
971-344-7082

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Randy DurigBaylor PropertyMore Info
971-344-7082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.