About This Home
This 0-bedroom, 0-bathroom commercial at 4232 NE SANDY Blvd in Portland, OR is listed for $5,600,000 ($661 per sqft). Built in 1914, the home offers 8,474 sqft of living space on a 0.92 acres lot.
Key Features
- Built in 1914
- 0.92 acre lot
- 2 stories
Property Details
"PREMIUM HOLLYWOOD DISTRICT DEVELOPMENT OPPORTUNITY" Listing Includes 4 tax ID #s and multiple lots: R216668, R216669, R216678, R216670. 2 Existing common wall buildings; middle building attached on the west to additional building not included in the sale / different owner.
Large open parking lot south of buildings with Sandy Blvd. frontage. Highest and best use likely to scrape existing buildings and develop parcels in their entirety. Approx. 0.92 +/- Acres total ground space. 190' Sandy Blvd frontage and 390' NE 43rd Ave 390's frontage.
The rapidly developing Hollywood district with revitalization occurring in all directions place this site at the heart of development and ready for Grand scale development to mixed use commercial and residential. Ground floor retail, ample room for underground and/or interior parking, and 4 stories for retail and condos/apartments situate this mult
iple parcel / lot property in a premium position for large scale development for the highest and best use. Note: Only a very small portion of one building is leased with the balance being vacant ready for development. **Due Diligence to be completed by buyer at buyer's expense**
Monthly Cost Estimate
$29,950/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4232 NE SANDY Blvd
Portland, OR 97213
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 4232 NE SANDY Blvd is listed at $5,600,000 ($661/sqft). The estimated monthly payment is $29,950 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1914, 0.92 acre lot, 2 stories.
This property is listed by Daniel Comfort and can be reached at 5035162520.
