7062 NE M L KING BLVD, Portland, OR 97211

$599,000
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List Price
$599,000
Status
ACTIVE
Days on Market
12
MLS#
178362334
Subtype
Mixed Use
Lot Size
10,018
Acres
0.23
MLS Area Major
Portland Northeast
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541.292.4444

Property Description

Excellent investment and development opportunity! Four platted lots ideally positioned at the corner of Morgan and MLK. Zoned CM2 and located in a high-visibility, high-traffic area. Property currently generates rental income from the car lot tenant, along with billboard income, providing holding income while planning for future development. Contact your agent for developer packet and additional property information. PLEASE DO NOT DISTURB TENANTS.

541.292.4444
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Additional Information

Zoning
CM2
Elementary School
Woodlawn
Middle School
Ockley Green
High School
Jefferson
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Territorial
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Listing courtesy of Farrell Realty & Property Management, Inc.

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