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Listed by Engel & Volkers West Portland • westportland@engelvoelkers.com
$ 749,000
Est. payment /mo
Price Dropped by $100K
4434 W POWELL BLVD Gresham, OR 97030
1,312 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,312 sqft
Price per Sqft $570
MLS Listing ID 186306847
Year Built 1946
Annual Tax Amount $2,998
Lot Size 0.860 Acres
Property Sub-Type Commercial
Property Description
Located in a high-growth corridor just minutes from a major metropolitan area, this impressive 0.86 acre investment property combines flexible zoning with strong market fundamentals. This property sits adjacent to the Highland Fair shopping plaza, which boast 20,597 ADT on Powell/Highland Dr. and is anchored alongside Safeway, Great Clips, Jersey Mikes Subs and other well established Gresham businesses. Currently improved with a single-family home, the site is zoned for moderate commercial uses — offering an exceptional opportunity for income generation, value-add development, or long-term appreciation. Some of the potential uses with this property are, multifamily housing, affordable housing projects, medical facilities and business/retail to name a few. Buyer/Buyers agent to do due diligence with county regarding potential uses and development opportunities.
Location
State OR
County Multnomah
Area _144
Zoning MC
Interior
Heating Other
Equipment SmokeDetector
Exterior
View Territorial, Trees Woods
Roof Type Composition
Garage No
Building
Sewer Other, Septic Tank
Water Well
Others
Acceptable Financing CallListingAgent, Cash, Conventional, Other
Listing Terms CallListingAgent, Cash, Conventional, Other
