240 NE M L KING BLVD, Portland, OR 97232

$600,000

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List Price
$600,000
Days on Market
202
MLS#
448098199
Property Type
Land
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Seize this rare opportunity to acquire a developable 5,949 SF lot currently improved as a parking lot, located adjacent to I-84 and MLK Boulevard. EX Central Employment zoning allows high density residential, commercial, and light industrial uses, offering exceptional flexibility for mixed use or employment focused development. Prime urban infill location with excellent freeway access and strong visibility, well positioned for developers seeking a strategic site with long term upside in a central Portland corridor.

Additional Information

Tax Amount
$16,220
High School
Cleveland
Elementary School
Buckman
Middle School
Hosford
Property Type
Mixed Use
Terms
Cash, Conventional
View
City
Utilities Included
Electricity Available, Public Sewer, Water Available
Road Frontage Yn
Yes
Present Use
Commercial, Raw Land
Road Surface
Paved

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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