7000 SE Milwaukie Ave - Commercial LAND FOR SALE
Portland, OR 97202- Sellwood-Moreland | 871,200,000 SF
$3,500,000 USD
800-845-3524
7000 SE Milwaukie Ave
Portland, OR 97202
Sellwood-Moreland
OVERVIEW
• Strategic corner location zoned for Commercial Mixed-Use. Could allow up to 60 to 70 apartments with ground floor for commercial uses, and common amenities to serve residents
• U.S. Bank Branch triple net lease income is $17,500 per month. Expires December 31, 2027
• Opportunity to use income to cover holding and entitlement costs until development in 2028
Sealed bids due June 25, 2025
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/ACRE
$175/AC
PRICE/SF
$0.0040 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Redevelopment Site with Lease Income
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Apartment Units
LAND ACRES
20000 AC
LAND SF
871,200,000 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
Commercial Mixed Use
APN/PARCEL ID
R303672
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800-845-3524
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800-845-3524
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