Call for very economical Pricing. This 4.46 acre property is highly unique opportunity for redevelopment in the growing and gentrifying St. Johns neighborhood. The site is one of the largest continuous mixed use zoned development sites in the City. Property has spectacular views and access to the river; iconic St. Johns bridge and Forest Park. Excellent Multi-family phased development site and even better for senior housing/skilled nursing project. Access to downtown Portland and Pearl District is only 15 minutes away via Hwy 30/NW Yeon Ave. Smaller parcels (1 acre) can be purchased separately. Example 4 aproximate 50,000 sf individual parcels but ownership far more motivated and price friendly for sale of the entire property. The property is going through a comprehensive plan map amendment process and will be delivered with the mixed use desirable zoning of CM3 estimated to be in May 2026. Topography is generally flat and ready for development. A Prospective Purchaser Agreement is in process which will allow any buyer liability protection from any previous contamination. New development can have heights to 55' and FAR 3:1. Various architectural site studies has revealed that the property phas the capacity to accomodate more than 400 units with 1:1 parking. Local Improvement District (LID) has been approved by the city which will bring all new streets; curbs; quiet rail crossings: upgraded utilities thus relieving a owner from expensive off site required improvements. Some great retail; entertainment; restaurants; coffee shops; grocery nearby in the quaint St. Johns village.