First time on market! Owner operated and now retiring. Exceptional CM3-zoned commercial property on high-traffic Sandy Blvd. Featuring two tax lots, grandfathered sign frontage, and premier visibility along one of Portland’s busiest Civic Corridors. CM3 zoning allows high-density mixed-use, commercial, retail, office, and residential development. Located within the Sandy Boulevard Plan District, the site benefits from unique frontage and visibility that enhance exposure and design flexibility. A rare opportunity for investors, developers, or owner-users seeking maximum visibility and versatile usage in a rapidly developing corridor. Sold with taxlot address 1818 NE Sandy Blvd.Two incentives are open now and both are time-limited. Portland waived system development charges on new housing permits issued through September 30, 2028, worth roughly $20,000 per unit. Inclusionary housing projects also access a ten-year property tax exemption on residential improvements.