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Listed by SMI Commercial Real Estate LLC
$ 1,100,000
Est. payment | /mo
1.42 Acres Lot
$ 1,100,000
Est. payment | /mo
1.42 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 578027415
Annual Tax Amount $6,731
Tax Year 2024
Lot Size 1.420 Acres
Property Sub-Type Multi Family
Property Description
Fully entitled 35 Unit multi-family development opportunity in Woodburn! Modern Design provided by Studio 3 Architecture, this project comprises a mix of (18) 2-bd/1-ba units & (17) 3-bd/2-ba units. ODOT approved approach w/ bond paid & transferred to buyer at closing. Buyer due diligence on potential Urban Renewal credits from City of Woodburn. Foundation & Grading permits approved, providing ability to break ground upon closing Vertical building permits applied for while excavation & site prep work is being completed. Woodburn's population projected to grow +/- 30% by 2030 due to an increased workforce spurred by Amazon's new fulfillment center. MUV zoning and over 220' of Highway 99 frontage provide high visibility & traffic count, creating a multitude of alternative Commercial development opportunities!
Location
State OR
County Marion
Area _170
Zoning MUV
Exterior
Utilities Available Other
Garage No
Schools
Elementary Schools Washington
Middle Schools Valor
High Schools Woodburn
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224