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Land For Sale • 0.23 AC
Opportunity Zone, Enterprise Zone, E-Commerce Overlay and Prosper Portland Programs/Projects offer extraordinary tax advantages are pertinent to this particular site in Portland. This fantastic location lies in Portland's Southeast Quadrant, which includes the Central Eastside District. "The Central Eastside" is slated as Portland's newest “Innovation Quadrant/Live Work District”. What was once industrial and gritty, now recently up-zoned and lively, is a mixture of housing, workspace, services and e-commerce uses. The 3500 sf industrial building is perfect for small manufacturer/shop user then has plenty of yard and parking on either side of the building. The loction is just off the vibrant SE Grand retail and mixed use corridor and close to freeways; access to Pearl and westside
| Site on 1/2 block running on back side of Grand, recently up-zoned for 175’ height, 9:1 FAR. Potential western views on upper floors & rooftop deck. |
| Conceptual drawing shows 10-story, mixed-use, 128-144 "affordable housing" micro units w/ ground floor residential amenities, some retail & loading. |
| Great 3500 sf industrial building for interim/long term use that would be good for shop/light manufacturing and then storage and yard area . |
| 10 yr. income tax exemption for E-overlay: orders, sales, activities that serve the business's overall purpose, even if retail in nature |
| E-commerce may be configured on ground floor w/ warehouse & mezzanine or Penthouse built as Rooftop Suite as Startup HQ. |
| 10 yr. property tax exemption for development of of affordable housing. E-commerce overlay offers 10-year property and income tax exemptions. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) | 5 min | - | 1.5 mi |
| Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 19 min | - | 9.3 mi |
| Transit/Subway | Drive | Walk | Distance |
| Se Grand & Stark (Portland Streetcar - B Loop - Portland Streetcar) | 0 min | 2 min | 0.1 mi |
| Se M L King & Stark (Portland Streetcar - A Loop - Portland Streetcar) | 0 min | 3 min | 0.2 mi |
| Se Grand & E Burnside (Portland Streetcar - B Loop - Portland Streetcar) | 0 min | 4 min | 0.2 mi |
| Se Grand & Belmont (Portland Streetcar - B Loop - Portland Streetcar) | 2 min | 5 min | 0.3 mi |
| Ne M L King & E Burnside (Portland Streetcar - A Loop - Portland Streetcar) | 1 min | 6 min | 0.3 mi |
| Airport | Drive | Walk | Distance |
| Portland International | 19 min | - | 11.4 mi |
Todd DeNeffe
Cascade Commercial Real Estate
