- For Sale $950,000
- Property Type VacantLand
- Lot Size 0.23 Acre
- Date Updated Dec 1, 2025
Description
• The CM3 zone is a large-scale, commercial mixed-use zone intended for sites close to the Central City, in high-capacity transit station areas or town centers, and on civic corridors. Buildings in this zone are generally expected to be up to six stories and may be up to seven stories when bonuses are used.
• 65' maximum height, which is generally 6 stories, increasing to 75' (7 stories) with bonus provisions.
• 3:1 FAR increasing to 5:1 with bonus provisions.
• Parking is generally not required for non-residential uses, or for residential development that contains fewer than 30 dwelling units when development is located near transit. Parking is generally required for larger residential/mixed-use developments and in locations farther from transit.Commercial Mixed Use 3 Zoned Development Land
±0.23 Acres (±10,000 SF) (2 Lots) | Sale Price: $950,000
Highlights
- CM3 zoning allows for up to seven stories of new construction, typically multifamily over ground-level retail
- Commercial Mixed Use 3 (CM3)
- Highly visible location on North Killingsworth at I-5 near PCC’s Cascade Campus
- Zero down payment financing available for purchase and renovation of existing structure
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Contacts
Jason VanAbrams
Capacity Commercial Group
Location
Located at 1200-1218 North Killingsworth Street, Portland, OR 97217, this property is part of the Overlook neighborhood and Portland market.
Contact Listing Broker
Jason VanAbrams
Capacity Commercial Group