Outstanding opportunity to build a Mixed-Use project in Lake Oswego. Unlock the potential of this prime mixed-use lot, featuring an existing 2,440 square foot single-family residence, located in the desirable Lake Oswego neighborhood. This property conveniently backs onto Ricardo's Restaurant and is situated along Boones Ferry Road, providing excellent visibility… Read More and accessibility.With flexible NC/R-0 zoning, this lot supports a diverse range of development possibilities. The seller is actively pursuing approval for an exciting 7-unit mixed-use building, and an extensive collection of due diligence materials and engineering plans are available for the proposed project. Don’t miss this chance to invest in a versatile property in a sought-after area. For more information, please contact the Listing Agent. Read Less
Listing courtesy of Better Homes & Gardens Realty.
Listing Snapshot
Days Online
398
Last Updated
Square Ft.
6,057
Lot Size
0.32 Acres
Year Built
2024
MLS Number
24437621
30 Days Snapshot Of 97035
$1,127k
+31%
(avg) sold price
22
-4%
homes sold
81
+8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 6057, Built in 2024, Storage: IndividualStorageUnits, Stories: 2
Community
Community Features: AllLandscaping
Expenses
Operating Expense: $99,570
Exterior Features
Exterior Description: LapSiding
Foundation
Foundation Details: ConcretePerimeter, Slab
Garage
Garage Spaces: 7
Heating
Heating: ForcedAir95Plus
Income
CAP Rate: 24.18, Gross Income: $389,707, Gross Rent Multiplier: 3.08, Net Operating Income: $290,137
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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