"Location, Location, Location" & you have that right here. Blocks from the River, Portland Rowing Club, Waverly Landing Condos, Waverly Marina, Springwater Trail & Minutes to the Heart of Sellwood Shopping, Dining and Sellwood River Front Park. Value is in Location & land. Possible Rehab of existing Structure with LOTS of work! New Zoning Regulations give AMAZING opportunity in this PRIME Location. Outstanding Development Opportunity.