This 36,960 SF parcel offers a significant development opportunity in Portland’s Centennial neighborhood. Engineered and entitled for a 4-story, 178-unit mixed-use apartment project with ground-floor retail, this site is approximately 70% through the entitlement process, providing a head start for developers. The CM2 zoning allows flexibility for multifamily and commercial use, making it ideal for creating a high-demand residential and retail destination. Located along SE Stark Street, the property benefits from excellent connectivity with direct access to I-205 and the TriMet MAX Blue Line. Surrounding amenities include major retailers, dining, and services, ensuring strong consumer and renter appeal. Offered at $2,600,000, this parcel is positioned to leverage East Portland’s growth and strong rental demand.