4636 Albina AvePortland, OR 97217

For Sale
$2,100,000

Portland Flex Space - Owner/User

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 5,000-square-foot industrial flex space, located at 4636 N Albina Ave in Portland, Oregon, presents a unique owner-user opportunity. Priced at $2,100,000, this fee-simple property sits on a 10,000-square-foot lot and boasts a single-story building constructed in 1955. The building features a 10-foot ceiling height, one unit, and is currently vacant. Ideal for a variety of uses, the property includes a small interior office and a spacious warehouse area equipped with two grade-level roll-up doors. A secure rear yard offers ample parking and storage options, enhancing the property's functionality. Its prime location in Northeast Portland offers excellent connectivity to I-5 and the vibrant Mississippi Street retail corridor. The CM2 zoning allows for flexible use, including distribution, light manufacturing, or potential redevelopment and expansion. Surrounded by new multifamily and mixed-use developments, this corner lot property presents a strong investment opportunity with long-term development potential in a high-growth area. This is a rare chance to acquire functional industrial space in a highly desirable North Portland location. The property's convenient access to Interstate 5 and its proximity to the Mississippi Avenue retail corridor further enhance its appeal. The combination of its size, location, and zoning makes this a compelling opportunity for owner-occupants or investors seeking a versatile industrial property with significant upside potential.

Highlights

  • Prime Northeast Portland location near Mississippi Ave. retail corridor and I-5.
  • Owner-user opportunity: 5,000 SF industrial flex space with two grade-level roll-up doors and fenced yard.
  • Surrounded by new multifamily and mixed-use developments, offering long-term value appreciation.
  • Excellent development potential: CM2 zoning allows for diverse uses.
  • Corner lot with easy I-5 access.

Property Details for 4636 Albina Ave

Property type
Other retail properties, Other industrial properties
Square Feet
5,000 SF
Year Built
1955
Buildings
1
Stories
1
Units
1

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5566721
Longitude
-122.6747433
4636 Albina Ave, Portland, Oregon

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4636 Albina Ave
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