Existing Structure or Redevelopment Land | 2818 SE Park Ave
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Existing Structure or Redevelopment Land 2818 SE Park Ave
5,234 SF Retail Building Milwaukie, OR 97222 $960,687 CAD ($184 CAD/SF)
Investment Highlights
- Rare redevelopment opportunity in prime location
- Potential of up to 43 units
- One block away from TriMet transit center and 99E
- Located within an Enterprise zone
Executive Summary
5,234 SF building on .44 acres is located just one block from the Milwaukie Orange TriMet Line. Zoning allows the ability to use the existing structure as-is for retail use, or redevelop into 43 apartments. Ideal location for retail use or redevelopment into a mixed use apartment building. The land is within an enterprise zone with its associated tax incentives. TriMet's Max Orange Line Park and Ride is a single block away. Numerous restaurants, grocery, and retail shops are within a short drive.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,234 SF
Building Class
C
Year Built
1925
Price
$960,687 CAD
Price Per SF
$184 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.44 AC
Zoning
C3 - General commercial
Parking
5 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
200 ft on SE Park Ave
Bike Score ®
Very Bikeable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 00168419 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $479,794 CAD |
PROPERTY TAXES
Parcel Number
00168419
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$479,794 CAD
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Existing Structure or Redevelopment Land | 2818 SE Park Ave
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