97th Avenue - Residential LAND FOR SALE


Portland, OR 97220- Gateway280,091 SF
$19,990,000 USD
541-745-4050
97th Avenue, Portland, OR for Sale
$19,990,000 USD
Residential LAND - FOR SALE
1/12
280,091 SF

97th Avenue
Portland, OR 97220
Gateway


OVERVIEW

The property consists of 31 contiguous tax parcels encompassing three full city blocks and several partial blocks. The site benefits from a 6:1 floor area ratio, with additional bonus density potential, and permits building heights of up to 120 feet. Situated within Portland’s emerging Gateway neighborhood, the property features frontage along NE 97th Avenue, NE 99th Avenue, NE 100th Avenue, NE Couch Street, and the soon-to-be-developed NE Davis Street. Infrastructure improvements are already underway, with construction having commenced on NE Davis Street between NE 97th and NE 99th Avenues and along NE 97th Avenue from NE Davis Street to E Burnside Street. These improvements are laying the groundwork for future 10- to 14-story mixed-use developments throughout the Gateway district. Phase I of the Gateway Street Plan includes new streets, curbs, sidewalks on both sides of the roadway, landscaping, and the installation of grass and trees. Phase II improvements are scheduled to follow upon completion of Phase I, further enhancing the area’s appeal and supporting continued redevelopment.

FOR SALE DETAILS

PRICE

$19,990,000 USD

PRICE/ACRE

$3,108,865/AC

PRICE/SF

$71 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Gateway

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

6.43 AC

LAND SF

280,091 SF

OFFSITE IMPROVEMENTS

-

ZONING

RX

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bjorn BeerSVN | Imbrie RealtyMore Info
541-745-4050

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Bjorn BeerSVN | Imbrie RealtyMore Info
541-745-4050

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