Rare 0.91-acre (39,640 SF) commercial redevelopment opportunity on NE Halsey St in Wood Village, zoned NC (Neighborhood Commercial). Site includes approx. 2,160 SF of existing improvements (built 1941) with prior automotive-related use. Seller reports the property may be eligible for public redevelopment support: (1) the Wood Village Urban Renewal Agency, whose district was created for infrastructure, private investment incentives and redevelopment and may fund or cost-share demolition/abatement; and (2) Multnomah County CDBG funds - Wood Village is within the county's CDBG service area, and eligible uses can include demolition and non-residential rehabilitation that eliminate blight or urgent safety issues. Any funding is controlled by the city/county/agency and is not guaranteed. Seller also reports the property is located in a federal Opportunity Zone, which may allow deferral of capital gains and potential exclusion of appreciation on qualifying investments held 10+ years; consult your tax advisor. Buyer to verify zoning, permitted uses, building status with the City of Wood Village, environmental condition, and eligibility for any funding or tax incentive. Offered as-is. 1031 exchange.
| MLS # | 636292378 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 28 |
| Listing Provided By | Realty First | Derek Goude |
| Zoning | NC |
|---|
| Heating Yn | No |
|---|---|
| Cooling Yn | No |
| Attached Garage Yn | No |
|---|
| Utilities | Other |
|---|
| Property | 3230 |
|---|
| State | OR |
|---|---|
| County | Multnomah |
| City | WoodVillage |
| Zip Code | 97060 |
| School District | Reynolds |
| Elementary School | Salish Ponds |
| High School | Reynolds |
| Listing VS Median (in 97060) | |
Price: $1,300,000 low | high Med: $474,900 On site: 28 low | high Med: 27 | |
| State | OR |
|---|---|
| County | Multnomah |
| City | WoodVillage |
| Zip Code | 97060 |
| School District | Reynolds |
| Elementary School | Salish Ponds |
| High School | Reynolds |
| Listing VS Median (in 97060) | |
Price: $1,300,000 low | high Med: $474,900 On site: 28 low | high Med: 27 | |
![]() | $1,300,00023544 Ne Halsey StWoodvillage, OR 97060 |
![]() | $1,300,00023544 Ne Halsey StWoodvillage, OR 97060 |