9901 Hurst AvePortland, OR 97203

For Sale
$10,500,000

15-Acre Site, 54,980 SF, $10.5M

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 15.62-acre industrial property, located at 9901 North Hurst Avenue in Portland, Oregon, presents a compelling investment opportunity. The site boasts six buildings totaling 54,980 square feet of net rentable space, currently generating lease income from an existing occupant. The property features a paved and hard-packed gravel surface, ensuring easy access and maneuverability. A significant advantage is the presence of two active Union Pacific rail spurs directly on the site, providing efficient transportation options. Environmental concerns are addressed with a Clean Site No Further Action Letter from the Oregon Department of Environmental Quality, issued in 2016. The property is zoned IH - Heavy Industrial by the City of Portland, allowing for a wide range of industrial uses. The land is comprised of two tax lots: one encompassing 12.92 gross acres and the other 2.7 gross acres. The asking price is $10,500,000, translating to a price per square foot of $15.97. This well-maintained property offers significant potential for both immediate income generation and future development within Portland's thriving industrial market. The property's size, location, and existing infrastructure make it an ideal investment for discerning buyers seeking a strong return on investment in a prime industrial location. The zip code is 97203, and the property is situated in Multnomah County.

Highlights

  • 15.62-acre industrial site (approx. 15.09 usable acres) in Portland, OR.
  • Paved and hard-packed gravel site with easy access.
  • Clean site; DEQ No Further Action letter (2016).
  • Two active Union Pacific rail spurs.
  • Zoned IH (Heavy Industrial) by the City of Portland.
  • Two tax lots: 12.92 acres and 2.7 acres.

Property Details for 9901 Hurst Ave

Property type
Other warehouses, Other land
Square Feet
54,980 SF
Buildings
6
Lot Size (sq. ft)
680,407 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5938925
Longitude
-122.708777
9901 Hurst Ave, Portland, Oregon

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
9901 Hurst Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message