$999,900

Opportunity abounds in SE Portland's JADE DISTRICT, one of our city's most diverse neighborhoods. Property to include the sale of adjacent Lot @2525 SE 87th Ave. 2 bed/1 bath. Total combined lot size is 12,980 SF. Zoned CM2. Per PDX Maps & Zoning..."The CM2 zone is a medium-scale, commercial mixed use zone intended for sites in a variety of centers and corridors, in other mixed use areas that are well served by frequent transit, or within larger areas zoned for multi-dwelling development. Buildings in this zone are generally expected to be up to four stories, except in locations where bonuses allow up to five stories." BUYER TO PERFORM OWN DUE DILIGENCE. Seller will need up to a 90day rent back and is busy selling inventory in order to clear out and enjoy his retirement.. Hoist and other trade equipment can be negotiated... The JADE DISTRICT is notable for its bustling cultural hub and this property is surrounded with services, shops and local restaurants, with PCC just five blocks away. The high visibility with heavy traffic exposure enhances the value of this location.. Public transit is just 25' from the property and with the close proximity and easy access to I-205, this an ideal corner of SE Division St for business, housing and more. Sign is included with sale.