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Listed by SMI Commercial Real Estate LLC
$1,100,000
Est. payment /mo
1.42 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 578027415
Annual Tax Amount $6,731
Tax Year 2024
Lot Size 1.420 Acres
Property Sub-Type Multi Family
Property Description
Fully entitled 35 Unit multi-family development opportunity in Woodburn! Modern Design provided by Studio 3 Architecture, this project comprises a mix of (18) 2-bd/1-ba units & (17) 3-bd/2-ba units. ODOT approved approach w/ bond paid & transferred to buyer at closing. Buyer due diligence on potential Urban Renewal credits from City of Woodburn. Foundation & Grading permits approved, providing ability to break ground upon closing Vertical building permits applied for while excavation & site prep work is being completed. Woodburn's population projected to grow +/- 30% by 2030 due to an increased workforce spurred by Amazon's new fulfillment center. MUV zoning and over 220' of Highway 99 frontage provide high visibility & traffic count, creating a multitude of alternative Commercial development opportunities!
Location
State OR
County Marion
Area _170
Zoning MUV
Exterior
Utilities Available Other
Garage No
Schools
Elementary Schools Washington
Middle Schools Valor
High Schools Woodburn
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Corbin & Vollstedt Group
Owner/Admin | License ID: 200812045
Owner/Admin License ID: 200812045