Opportunity abounds on this 1.42 Acre property on south end of Macadam Ave. The property is zoned CM2 (Commercial Mixed Use 2) which allows a variety of commercial and residential uses (Buyer to verify types of uses and types of potential available). Property is just minutes to downtown, OHSU, Sellwood Bridge, Lake Oswego, freeway access, & much more. Property currently has approximately 25,000 sq. ft. of rented space. Potential river views for the development.
- Price:
- $7,500,000
- Square Footage:
- 25,010
- Acreage:
- 1.42
- Year Built:
- 1900
- Listing ID #:
- 23014393
- Street Address:
- 7400 S Macadam Ave
- City:
- Portland
- State:
- Oregon
- Postal Code:
- 97219
- County:
- Multnomah
- Community:
- 148 - Portland Nw/ Sw/ S/ Raleigh Hills
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Condition:
- Approximately
- Stories:
- 1
- Total Building Square Footage:
- 25010
- Year Built:
- 1900
- Approximate Total Acres:
- 1 To 2.99 Acres
- Conforms To Zoning:
- Cm2
- Existing Land Use:
- Retail, Warehouse
- Lot Square Footage:
- 61855
- Annual Lease Rate:
- 10000
- Days On Market:
- 85
- Included In Sale:
- Building, Land
- On Market Date:
- 2023-01-04
- Originating Mls:
- Regional Multiple Listing Service, Inc.
- Terms:
- Cash, Conventional
- Property Taxes:
- $36,467
- Tax Year:
- 2021
- Parking Description:
- On Site
- Existing Water:
- Public Water
- Heating:
- Baseboard
- Heating Fuel:
- Gas
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Angela Setzer with Premiere Property Group
-
All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 3/30/2023 12:08 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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