The owner-managed strip mall is listed at $2,611,550, 7.5% Cap Rate. This spacious 15,625 square foot corner lot represents an exceptional development prospect. Under CM1 zoning regulations, it opens the door to a wide range of potential uses, including restaurants, coffee shops, food carts, retail spaces, offices, and numerous other possibilities. Previously utilized as a food cart lot, this property could be revitalized for similar use with necessary enhancements in compliance with the City of Portland's requirements. CRITICAL NOTICE: This property is exclusively offered for sale in conjunction with the neighboring L-Shape retail center. This sale must close simultaneously with the adjacent strip mall.