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34137138
32750354

3030 Northwest Montara Loop, Portland, OR 97229 For Sale

SR
OR 200204348
Macadam Forbes
Listed by Macadam Forbes
$1,250,000
61 days on market
Updated 17 days ago

NW Montara Condominium Land

Details
Property Type Land
Sub Type Residential
Units 16
Tenancy Vacant
Lot Size (SqFt) 15,773
Zoning R1
Investment Type Redevelopment

Land | 15,773 SqFt

Marketing description

NW Montara is a unique opportunity to develop up to 16 upscale condominium units in Forest Heights. The site is zoned R1 but was previously planned, engineered, and previously permitted for an 8-unit building similar to building adjacent. Recent upzoning allows for the additional density. Some earthwork and a partial foundation have been completed. Plans are available.

Discover the allure of Portland, OR, where the captivating natural beauty of the Pacific Northwest converges with an atmosphere of dynamic innovation. The property's prime location is close to tech giants like Intel and Nike, as well as the bustling tech hub in the heart of the city. Surrounding the area are scenic parks, inviting outdoor spaces, and remarkable dining and entertainment options. With a reputation for sustainability, a thriving economy, and a vibrant cultural scene, the location offers an exceptional setting for any discerning investor seeking to capitalize on the area's burgeoning commercial real estate market.

Investment highlights

  • Zoned R1 for residential development up to 16 units on the site
  • Prime location in Portland, OR
  • Site has been previously permitted with plans available
  • Infrastructure ready for residential development
  • Close proximity to schools and parks
  • Backs up to open space corridor
  • Accessibility to transportation links

Listing Contacts

SR
OR 200204348
Macadam Forbes
Listed by Macadam Forbes

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