For Sale $3,500,000
Property Type VacantLand
Lot Size 2.14 Acre
Date Updated Apr 5, 2024

The Washington Street Redevelopment Site in Oregon City is situated within walking distance of the historic downtown area, which offers numerous quaint shops, restaurants, and galleries. The property is adjacent to the Oregon City Amtrak Station and Coasters Restaurant providing a peaceful and tranquil setting. It is surrounded by beautiful rolling hills and is close to an array of outdoor activities.Covered land redevelopment with approximately $19,000 in current monthly revenue. 2.14 acres zoned Mixed Use Downtown (MUD). Seller has land use approvals for 131 units of multifamily and ground floor commercial space. Property qualifies for Vertical Housing Tax Credits with up to 80% property tax exemptions for 10 years.

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Highlights

Fast-growing South Metro suburb
$19,000 a month in-place income
Mixed Use Downtown zoning
Land use approvals in place for 131-unit multifamily building
Site qualifies for Vertical Housing Tax Credits
Immediate access to Highway 99E and Interstate 205

Contacts

Skip Rotticci, CCIM

Macadam Forbes

(503) 972-7284

Location

Getting Around

Walk Score ®
53/100 Somewhat Walkable
Transit Score ®
44/100 Some Transit
Bike Score ®
63/100 Bikeable

City Oregon City, OR
Neighborhood Two Rivers
Zip Code 97045
Market Portland

Points of Interest

Oregon City

0.06 miles
Southeast Park Avenue

4.90 miles
Willamette Shore Trolley Lake Oswego Station

4.91 miles
Clackamas Town Center Transit Center

5.06 miles
Milwaukie/Main Street

5.66 miles
Southeast Fuller Road

6.19 miles
Southeast Tacoma/Johnson Creek

7.03 miles
Southeast Flavel Street

7.24 miles
Southeast Bybee Boulevard

7.87 miles
Oaks Park

8.01 miles

76

0.35 miles
76

0.70 miles
Shell

0.72 miles
Chevron

0.74 miles
Texaco

0.89 miles
Pacific Pride

0.89 miles
Arco

1.32 miles
Chevron

1.44 miles
Chevron

1.46 miles
Chevron

1.50 miles

Camassia parking

1.14 miles
First Presbyterian Church

1.95 miles
Lot O

2.02 miles
Lot P

2.03 miles
Lot N

2.10 miles
Lot M

2.10 miles
Lot K

2.15 miles
Lot J

2.17 miles
Lot J

2.20 miles
Lot H

2.27 miles

Best Western Plus Rivershore Hotel

0.28 miles
Holiday Inn Express

1.29 miles
Budget Inn

1.37 miles
Econo Lodge

2.40 miles
Clackamas Inn & Suites

3.19 miles
Hampton Inn & Suites

3.24 miles
Desert Inn

4.06 miles
Courtyard

4.63 miles
Your Host Motel

4.64 miles
Monarch Hotel

4.73 miles

Subway

0.21 miles
Shari's

0.24 miles
La Hacienda

0.27 miles
Rivershore Bar & Grill

0.32 miles
Thai Express

0.32 miles
McDonald's

0.36 miles
KFC

0.50 miles
Public House

0.58 miles
The Weinhard Grill

0.70 miles
Mesa Fresca

0.73 miles

Jackson Campus

0.60 miles
Clackamas Academy of Industrial Sciences

0.63 miles
Three Rivers Charter School

0.83 miles
Saint John the Apostle Catholic School

0.90 miles
Oregon City Community Education

0.91 miles
Eastham School

0.92 miles
Alliance Charter Academy

1.02 miles
West Linn High School

1.08 miles
Ogden Middle School

1.10 miles
Bolton Primary School

1.15 miles

Saint Stephen Preschool

1.12 miles
First Circle of Friends

1.96 miles
West Linn KinderCare

3.01 miles
Milwaukie Covenant Church Preschool and Kindergarten

4.79 miles
Sweet Pea Preschool

5.76 miles
Noah's Ark Preschool

6.59 miles
The Children's Hour Academy

6.65 miles
KinderCare

6.69 miles
Wow and Flutterville Playgarden

6.97 miles
Uno Dos Tres Academy

7.01 miles

Frequently Asked Questions

What is the lease rate for 1715, 1729, 1743 Washington Street?

Rental asking rate at 1715, 1729, 1743 Washington Street is $1,750,000.00/YR.

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