OR > Woodburn
Woodburn, OR 97071,119 N Pacific HWY
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Jared Hambrook

Jared Hambrook

+1(503) 930-2124
Listed by SMI Commercial Real Estate LLC
$ 1,100,000
Est. payment /mo
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Active

119 N Pacific HWY Woodburn, OR 97071

1.42 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 578027415

Annual Tax Amount $6,731

Tax Year 2024

Lot Size 1.420 Acres

Property Sub-Type Multi Family

Property Description

Fully entitled 35 Unit multi-family development opportunity in Woodburn! Modern Design provided by Studio 3 Architecture, this project comprises a mix of (18) 2-bd/1-ba units & (17) 3-bd/2-ba units. ODOT approved approach w/ bond paid & transferred to buyer at closing. Buyer due diligence on potential Urban Renewal credits from City of Woodburn. Foundation & Grading permits approved, providing ability to break ground upon closing Vertical building permits applied for while excavation & site prep work is being completed. Woodburn's population projected to grow +/- 30% by 2030 due to an increased workforce spurred by Amazon's new fulfillment center. MUV zoning and over 220' of Highway 99 frontage provide high visibility & traffic count, creating a multitude of alternative Commercial development opportunities!

Location

State OR

County Marion

Area _170

Zoning MUV

Exterior

Utilities Available Other

Garage No

Schools

Elementary Schools Washington

Middle Schools Valor

High Schools Woodburn

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)
agent

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

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119 N Pacific HWY

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