Overview

Description

16320 and 16300 Agnes Avenue is a redevelopment site with existing cash flow. The property is located adjacent the Clackamette Cove Urban Renewal Area. Clackamette Cove redevelopment has been initiated with the completion of back-bone infrastructure and the 244 Edgewater at the Cove Apartment project. Phase II is slated to begin construction Spring 2022 and will include approximately 440 waterfront apartment units and 30,000 square feet of retail/commercial space. Just across I-205 is the site of Summit Developments “The North End” Oregon City project. The North End covers approximately 62 acres that will include a mix of residential, retail, commercial, and business park uses. The 16320 and 16300 Agnes Avenue property will be a fantastic location for high visibility freeway retail and commercial uses, hotel, and senior living opportunities.

Highlights

• Adjacent to Clackamette Cove redevelopment area
• Close to historic downtown Oregon City
• Close to Oregon City Shopping Center
• Close proximity to The North End project
• Public Trails linking Clackamette Cove to the Willamette Falls redevelopment
• Existing cash flows from stable tenants to carry the property through entitlements with positive cash flow

Documents

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