For Sale > Burnside Street Development

For Sale$1,800,000

16519-16613 E Burnside Street, Gresham, OR 97230

  • Other

For Sale > Burnside Street Development, Gresham, OR 97230 - Other Space

For Sale > Burnside Street Development is located at 16519-16613 E Burnside Street in the Rockwood neighborhood, OR, Gresham, 97230.

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Details

  • Price $1,800,000
  • City Gresham
  • Neighborhood Rockwood
  • Zip Code 97230
  • Market Portland
  • Property Type Other
  • Lot Size 1.63 Acre
  • Date Updated 09 Apr, 2021

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Description

Colliers International is proud to represent this Land Development Opportunity along one of Portland’s famed and most widely used mass transit lines. With 1.63 Acres (71,198 square feet) in a highly flexible, density-promoting, Station Center (SC) Zoning, the option to build various forms of housing, office, or retail
are abundant. Four homes currently generate rental income. Tri-Met’s Blue Line connects the furthest ends of the Metropolitan area, with service from Gresham to the east, through the heart of Downtown Portland all the way to the Silicon Forest Tech epicenter in Beaverton/Hillsboro. The Max stop at 162nd & Burnside provides future residents with access to this world class transit line in less than 1/10th of a mile walk. East Couch Street has been vacated by the City of Gresham and that additional square footage has been incorporated into the land area estimates.

Rockwood Demographics

Population

  • Total Population10,099
  • Male Population(49.1 %) 4,959
  • Female Population(50.9 %) 5,140
  • Median Age36.00

Income/Financial

  • Average Household Income$56,442
  • Median Household Income$48,516
  • Median Income Under 25$26,641
  • Median Income 25-44$50,635
  • Median Income 45-64$53,853
  • Median Income Over 65$40,974

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Scott MacLean

Colliers International

Sean Worl

Colliers International

Kenneth Verbeck

Colliers International