7062 NE M L KING BLVD, Portland, OR 97211

Listing Courtesy of Farrell Realty & Property Management, Inc.

$599,000

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List Price
$599,000
MLS#
178362334
Status
ACTIVE
City
Portland
Area
Portland Northeast
County
Multnomah

Property Description

Excellent investment and development opportunity! Four platted lots ideally positioned at the corner of Morgan and MLK. Zoned CM2 and located in a high-visibility, high-traffic area. Property currently generates rental income from the car lot tenant, along with billboard income, providing holding income while planning for future development. Contact your agent for developer packet and additional property information. PLEASE DO NOT DISTURB TENANTS.

Additional Information

Acres
0.23
View
Territorial
Elementary School
Woodlawn
Middle School
Ockley Green
High School
Jefferson

Mortgage Calculator

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Calculator source: Real Geeks