Owner / user opportunity or potential re-development site with favorable zoning and development options available.
Extremely high visibility - located on the SE corner at N Interstate Ave and N Going Street, this former bank building is along the popular N/S-bound MAX yellow line, with a major stop right out front. Popular neighbors that drive this high traffic area include Taco Bell and Plaid Pantry - located at the same signalized intersection.
The property includes a 2 story building (main and basement), 14-stall parking lot, drive-thru and two (2) monument signs. Development opportunity offers a 3.0 FAR and Commercial Mixed-Use 3 (CM3) zoning - allowing up to 56,100 SF of retail, office or multi-family.
CM3 (Commercial Mixed Use 3) Allows for Retail, Office & Multi-Family
FAR: 3.0 / 56,100 SF of Development Allowed
On-Site Surface Parking Lot: 14 Spaces
Drive-Thru with 1 Lane - Perfect QSR Opportunity
Located on main Portland Arterial (N Interstate Ave)
24,200 Average Daily Traffic (N Interstate Ave @ N Going St)