East Bayside Land Development Opportunity
|Catylist Listing ID:
Industrial, Office, Retail, Other
|Gross Land Area:
||$3,029,411 Per Acre
||Cash to Seller
Overview / Comments
We are pleased to offer for sale a rare development opportunity in Portland’s East Bayside. Consisting of .17± acre (7,433± SF), the property is ideally suited for development in one of the city’s most desirable areas known for vibrant breweries, artisans, craftsmen and manufacturers. East Bayside offers excellent accessibility to downtown as well as easy I-295 access via Franklin and Washington Streets and Marginal Way. Infrastructure improvements include two water lines (domestic and sprinkler), sewer, natural gas and electricity. Area businesses include: Rising Tide Brewing Company, Coffee By Design, Lone Pine Brewing, World Gym, Whole Foods, Running with Scissors, Beacon Fitness, Good Fire Brewing, Urban Farm Fermentory and many others. This is an ideal parcel for an owner-user or developer looking to locate in the heart of this exciting peninsula neighborhood.
Attachments & Media
||ILB (INDUSTRIAL LIGHT BUSINESS)
|Largest Nearby Street:
|Feet of Frontage:
||Easy access to I-95 via Marginal Way
||Portland International Jetport
||Rapidly developing neighborhood of boutique breweries, coffee roasters, gyms, restaurants and residences
||The low impact industrial zone is intended to provide areas in which low impact industrial uses and limited other uses
serving employees and residents of the surrounding neighborhood will be compatible with adjacent residential uses, will provide
a buffer between residential neighborhoods and the I-M or I-H industrial zones, or will stand alone as a smaller scale
industrial district. The I-L zone is located adjacent to residential neighborhoods, business uses and other industrial uses where the
low intensity nature of the uses, as well as their strict performance standards, will ensure the compatibility of the uses
with other adjacent industrial and nonindustrial uses. Performance standards for uses in the I-L zone are designed
to maintain compatibility between low impact industrial uses and neighboring nonindustrial and industrial uses. Performance
standards include full enclosure of uses and requirements for buffers and screening from adjacent properties.
||Electric, Water, Gas
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