9639 SE Foster Rd, Portland, OR 97266

CM3 Development Opportunity | 10,722 SF Mixed-Use Site on Foster Corridor. Investor and developer opportunity in Portland’s Foster Corridor and Lents Town Center district. This 10,722 sq ft property is zoned CM3 – Commercial Mixed Use offers potential for multifamily or mixed-use development along one of Southeast Portland’s designated urban corridors. The lot size could potentially support a 20–28 unit apartment or mixed-use project with potential for ground-floor retail, live/work space, or neighborhood commercial uses with residential units above (buyer to verify development capacity and permitted uses). CM3 zoning allows a wide range of uses including multifamily housing, apartments, commercial services, office space, and mixed-use residential projects, creating flexibility for builders and investors seeking long-term redevelopment potential.Located minutes from Lents Town Center, the MAX Green Line station, and I-205, the property benefits from easy connectivity due to proximity...