Redevelopment Opportunity in Milwaukie

12811 SE Oatfield Rd, Milwaukie, OR

$250,000

Price

0.3456 acres

Lot Area

B

Class

Gallery
Street
Map
Overview
Lot Area
0.3456 acres
Class
B
Description

Located just off of Hwy 99 and a block away from the TriMet Orange Transit line, this 15,055 SF lot can be redeveloped into mixed-use building up to seven units, or used for a variety of other allowable uses. An additional 19,297 SF lot is available across the street with 43 units that can be developed on it for a total of 45-47 units.

Ideal location for a mixed use apartment building. Both parcels are within an Enterprise Zone with its associated tax incentives. TriMet's Max Orange Line Park and Ride is a single block away. Numerous restaurants, grocery, and retail shops are within a short drive.

Highlights
  • MR1 Zoning
  • Rare redevelopment opportunity in prime location
  • One block away from TriMet transit center and 99E
  • 2nd property available with combined development potential of 47 units
  • Located within an Enterprise zone from the city of Milwaukie
Documents
Location
Gallery