Listing courtesy of Farrell Realty & Property Management, Inc.
Prime Development Opportunity! Don’t miss this rare chance to secure a nearly 10,000 sqft. CM3-zoned lot in Cathedral Park, one of North Portland’s most sought-after neighborhoods. With zoning that supports multi-unit or commercial mixed-use development, this property offers exceptional potential for builders and investors looking to grow in a thriving area. Once developed, the site could offer expansive views of the Willamette River, West Hills, and the iconic St. Johns Bridge — a standout feature for future tenants or buyers. The property is currently tenant-occupied, generating some rental income while you work through the development process with the city. Located near parks and the vibrant heart of downtown St. Johns, this is a true opportunity to build something special. Value is in the land. No sign on property. Please do not disturb tenants.
Prime Development Opportunity! Don’t miss this rare chance to secure a nearly 10,000 sqft. CM3-zoned lot in Cathedral Park, one of North Portland’s most sought-after neighborhoods. With zoning that supports multi-unit or commercial mixed-use development, this property offers exceptional potential for builders and investors looking to grow in a thriving area. Once developed, the site could offer expansive views of the Willamette River, West Hills, and the iconic St. Johns Bridge — a standout feature for future tenants or buyers. The property is currently tenant-occupied, generating some rental income while you work through the development process with the city. Located near parks and the vibrant heart of downtown St. Johns, this is a true opportunity to build something special. Value is in the land. No sign on property. Please do not disturb tenants.
Residential
SingleFamilyResidence
1897
1
--
0.22
Active
20
698 Sq. Ft.
9,583 Sq. Ft.
Location
- No
- Laundry
- ForcedAir
- FreeStandingRange, FreeStandingRefrigerator
Cindy Somsanith
Farrell Realty & Property Management, Inc
Multnomah
137156832
SubjectToTenantRights
This content last updated on 05/07/2025 12:44 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 05/07/2025 12:44 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing content is © 2025 RMLS, Portland, Oregon.
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