$749,000

Located in a high-growth corridor just minutes from a major metropolitan area, this impressive 0.86 acre investment property combines flexible zoning with strong market fundamentals. This property sits adjacent to the Highland Fair shopping plaza, which boast 20,597 ADT on Powell/Highland Dr. and is anchored alongside Safeway, Great Clips, Jersey Mikes Subs and other well established Gresham businesses. Currently improved with a single-family home, the site is zoned for moderate commercial uses — offering an exceptional opportunity for income generation, value-add development, or long-term appreciation. Some of the potential uses with this property are, multifamily housing, affordable housing projects, medical facilities and business/retail to name a few. Buyer/Buyers agent to do due diligence with county regarding potential uses and development opportunities.