Property Description

Seize the opportunity to invest in prime commercial land along the riverfront. This corner lot is zoned for a wide range of uses under PUD 1417. With versatile zoning allowing for multi-family, hospitality, retail, restaurant, office, and more, this property offers immense potential for developers and investors alike. ALTA was just completed in June 2024. This is Tract A of a larger development- the hard corner of SW 15th Street and Portland Avenue.Located just 10 minutes from the airport, these tracts benefit from excellent visibility and accessibility, making them ideal for businesses catering to travelers and locals. A STR report is available for interested hospitality ventures, providing insight into the lucrative short-term rental market.The area is rapidly developing, with new townhomes going under construction in early 2025, enhancing the local population and demand for amenities. Additionally, the property is adjacent to the river cruise dock, offering a unique attraction for visitors and residents.There are 3 tracts of land for sale, which can be purchased individually or togehter:Tract A (hard corner)- 2 acres: $1,198,000Tract C- 5.7 acres: $1,194,000Tract D- 8.8 acres: $1,450,000Positioned close to Meridian Avenue, this prime location ensures high traffic and visibility. Don't miss the change to capitalize on a versatile commercial space in a thriving area. Contact us today for more details!

Property Features