.76 Land for development on Hayden Island, Portland OR

1441 N Hayden Island Dr. Portland, OR 97217

1441 N Hayden Island Dr. , Portland, OR, 97217
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FOR SALE
Property Type:
Other Land
Amount:
$1,150,000
Last Verified:
Oct 22, 2024

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Highlights

  • - Zoned Portland-CE Commercial Employment
  • - Ideal for land and retail investment
  • - Adjacent to the entrance of a power center with high traffic
  • - Versatile development opportunities
  • - Proximity to major transportation routes and intl. airport
  • - National retailer environment
  • - Prime commercial real estate in thriving market
  • - Suitable for innovative retail and office concepts

Description

Discover the endless potential of this last piece of commercial land for sale in Hayden Island, PDX. With versatile zoning that permits retail, office, multifamily, and hospitality developments, this property presents a rare opportunity for ambitious developers. The exclusion of drive-through facilities opens doors to innovative designs and layouts. Capitalize on the advantage of attracting Washington shoppers seeking tax-free sales, leveraging the high traffic flow. As part of the Jantzen Beach power center with over 30 retail stores and restaurants, and a mere 8 miles to PDX airport, this property promises a dynamic environment for successful commercial ventures. Embrace the possibilities and shape the future of this prime commercial location.

Experience the energy and excitement of the bustling retail scene at Jantzen Beach; the vibrant border between Washington and Oregon. This dynamic power center serves as a gateway for shoppers and visitors, offering a diverse array of national retailers such as Home Depot, Target, Best Buy, Home Goods etc, totaling 30 stores and dining establishments. Whether it's the allure of tax-free shopping in Oregon or the unique offerings of Washington's retail landscape, this area attracts a steady flow of traffic and commerce. The parcel sits adjacent to Rodeway Inn, Plaid Pantry and Car Toy.

Lot Size: 0.76 acres

Map of 1441 N Hayden Island Dr. , Portland, OR, 97217

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.