For Sale
$1,950,000

1214 Eastman Pkwy Gresham, OR 97030

Prime Gresham location, high-growth potential.

Overview

Added:
Feb 3
Days on market:
77
This exceptional investment opportunity encompasses 2,400 square feet on a 0.89-acre lot in desirable Gresham, Oregon. Strategically located directly across from Gresham City Hall, this property offers significant upside potential. The offering includes four tax lots: one vacant land parcel, one residential lot with an existing home, one lot with a commercial metal building, and one lot containing a multi-tenant commercial structure. The property is situated within an Opportunity Zone (Census Tract 41051010001), providing potential tax advantages for investors. The DTM zoning designation supports a diverse mix of uses, including institutional, residential, commercial, and employment, allowing for flexibility in future development or expansion. This unique assemblage presents a rare chance to acquire a substantial holding in a thriving urban center. The existing structures offer immediate income potential, while the vacant land and zoning flexibility provide ample room for future growth and development. The property's prime location and diverse zoning make it an ideal investment for both short-term and long-term strategies. This is a truly unique opportunity to acquire a significant commercial property in a high-growth area with substantial potential for appreciation. The combination of existing income streams and future development possibilities makes this an attractive investment for discerning buyers. Serious inquiries only.

Property Details for 1214 Eastman Pkwy

Property type
Commercial real estate
Square Feet
2,400 SF
Year Built
1974
Lot Size (sq. ft)
38,768 SF

Location Insight

City
Gresham
County
Multnomah
State
Oregon
Latitude
45.50589
Longitude
-122.4349
1214 Eastman Pkwy, Gresham, Oregon

FAQs

What type of property is this?
Commercial real estate - Prime Gresham location, high-growth potential.
Where is the commercial real estate located?
The property is located at 1214 Eastman Pkwy Gresham, OR.
What is the asking price?
The asking price for this property is $1,950,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1214 Eastman Pkwy
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