4232 NE SANDY Blvd, Portland, OR 97213
sale
$4,500,000
|
Other
Courtesy Of MORE Realty
"PREMIUM HOLLYWOOD DISTRICT DEVELOPMENT OPPORTUNITY" Listing Includes a total of 4 tax ID: R216668, R216669, R216678, R216670. 2 Existing common wall buildings; middle building attached on the west to additional building not included in the sale / different owner. Large open parking lot south of buildings with Sandy Blvd. frontage. Highest and best use likely to scrape existing buildings and develop parcels in their entirety. Approx. 0.92 +/- Acres total ground space. 190' Sandy Blvd frontage and 390' NE 43rd Ave 390's frontage. The rapidly developing Hollywood district with revitalization occurring in all directions place this site at the heart of development and ready for Grand scale development to mixed use commercial and residential. Ground floor retail, ample room for underground and/or interior parking, and 4 stories for retail and condos/apartments situate this multiple parcel / lot property in a premium position for large scale development for the highest and best use. Note: Only a very small portion of one building is leased with the balance being vacant ready for development. **Due Diligence to be completed by buyer at buyer's expense**
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Stucco
- Exterior Type: Concrete
- Floors: 2
- Heating System: Forced Air
- Legal Description: MENEFEE ADD, BLOCK 4, E 75' OF LOT 2&3, lot 4&5MENEFEE ADD, Block 4, E 75' OF LOT 1 EXC PT IN ST
- MLSID: 108757022
- Roof Type: Flat
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