$689,000

In the heart of downtown Portland and a short distance to Portland State University, transit, restaurants and shopping. This property is zoned commercial and residential and has three units all with separate entrances. Great potential for housing or office space. The RXd zone permits the highest density of dwelling units among residential zones and is primarily designated for high-density multi-dwelling development. The primary types of new housing development allowed in this zone are medium and high-rise apartments and condominiums, often accompanied by retail, institutional, or other service oriented uses. To ensure that Portland remains a city that is both designed for people and in harmony with nature, the Design (d) overlay zone is applied to this zone. The Design overlay zone supports the city's progress within current and emerging civic centers, providing a framework for development that enhances the urban environment while being sensitive to the surrounding natural resources. Buyer to do their own due diligence.