421 12Th AvePortland, OR 97232

For Sale
$2,450,000

9,840 SF Warehouse/Flex, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
93
This 9,840-square-foot industrial property, located at 421 NE 12th Ave in Portland, Oregon's Kerns neighborhood, offers a unique blend of warehouse and flex space. The building features 7,540 square feet of warehouse space and 2,300 square feet of office space, boasting an 18-foot ceiling height and two loading docks. Situated on a 12,197-square-foot lot, this vacant property presents a compelling investment opportunity. Its central location provides easy access to numerous amenities, including restaurants, retail, and public transportation. The property benefits from its prominent frontage on NE 12th Ave and its location within an Opportunity Zone, offering potential tax advantages. The asking price is $2,450,000, translating to $248.98 per square foot. This property is ideally suited for businesses seeking a versatile and conveniently located space in a thriving Portland neighborhood, close to downtown and the waterfront, within an area designated for urban innovation and economic development. The property's zip code is 97232.

Highlights

  • Prominent frontage on NE 12th Ave.
  • 9,840 SF building with 7,540 SF warehouse and 2,300 SF office; 18' ceilings, two loading docks.
  • Located in an Opportunity Zone.
  • Convenient location near Downtown Portland.

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.526470551687
Longitude
-122.65355974355
421 12Th Ave, Portland, Oregon

FAQs

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421 12Th Ave
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