1504 Auction Catalog - page 40

38
FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
105
PUBLISHED RESERVE:
$3,600,000 / $6.35 per square foot
LAST ASKING:
$6,000,000
SIZE:
13± acres
ZONING:
HC -- Highway Commercial
PROPERTY INSPECTION:
At Any Time
FINANCING:
Subject to Seller’s approval of Purchaser’s credit: A 25 % down payment with the balance
secured by a first deed of trust, amortized over 20 years at 6 % interest, calling for monthly payments of
principal and interest; all due and payable at the end of 2 years.
DESCRIPTION:
This 13± acre mixed-use development site is located in St. Helens, Oregon, along
Highway 30, the Columbia River Highway, and is thirty miles from Portland. The property is the largest
property available currently for sale in the market with highway commercial zoning. The zoning will
allow for multi-family when the units are developed above commercial uses.
Other allowed uses in the HC zone are for motels and hotels. Conditional uses include schools, churches
and as a recreation facility.
St. Helens in recent years has grown as a bedroom community to the Portland metropolitan area, with
average household income within ten miles of the property, projected for 2016 to be $70,969, according
to Regis -- SitesUSA (2013.)
Both Safeway and Walmart are located nearby, and the Village Inn, and Bank of the West, are adjoining
uses.
Highway 30 Mixed-Use Development Land
St. Helens, Oregon
N
Highway 30
Outparcel
Value Inn
McBride Street
Matzen Street
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