5405 NE Glisan St - Commercial LAND FOR SALE


Portland, OR 97213- North Tabor8,712 SF
$2,000,000 USD
503-241-5541
5405 NE Glisan St, Portland, OR for Sale
$2,000,000 USD
Commercial LAND - FOR SALE
1/2
8,712 SF

5405 NE Glisan St
Portland, OR 97213
North Tabor


OVERVIEW

The parcels at 5327 and 5405 NE Glisan Street represent an opportunity to invest in a permit-ready multifamily development in close-in Northeast Portland. The approximately 9,000-square-foot property comprises two adjacent tax lots. The investment opportunity includes approved plans for a four-story, 33-unit apartment complex with a mix of studio and one- and two-bedroom units with shared laundry facilities on every floor, two ground-floor retail spaces, and a community rooftop deck. Plans for the project have been “approved to issue” by the city of Portland. Boasting a Walk Score of 84 and a Bike Score of 93, the Glisan Street property sits in an amazing location that provides easy access to virtually all corners of the city.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/ACRE

$10,000,000/AC

PRICE/SF

$230 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

5327 & 5405 NE Glisan Street

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

0.2 AC

LAND SF

8,712 SF

OFFSITE IMPROVEMENTS

-

ZONING

CM2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lee FehrenbacherHFO Investment Real EstateMore Info
503-241-5541

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Lee FehrenbacherHFO Investment Real EstateMore Info
503-241-5541

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