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This exceptional 15,778-square-foot industrial property, located at 81 NE Columbia Blvd in Portland, Oregon, presents a unique owner-user opportunity. The Class B building, constructed in 1929, features two buildings on a 0.81-acre lot and boasts a versatile layout suitable for distribution, flex, or warehouse uses. The property includes 15,778 square feet of net rentable space, with a 14-foot ceiling height. Access is provided by two dock-high doors and two grade-level doors, supported by 18 parking spaces. The property also benefits from a secured, paved yard of approximately 15,000 square feet, plus an additional 2,000+ square feet of adjacent land. Interior features include two bathrooms, a full kitchen, several open flex spaces, various storage rooms, and office space. Nearly the entire main building is climate-controlled. The property is zoned IH - Heavy Industrial and is conveniently located in Portland's Airport Way, within the Columbia Corridor, offering easy access to Portland International Airport and Interstate 5. A significant advantage is the inclusion of approved retail and wholesale cannabis licenses, transferable to the new owner. The asking price is $3,155,600, or $200 per square foot. Vacant and ready for immediate occupancy starting January 1, 2024.
Highlights
15,778 SF industrial property in Portland, OR, owner-user opportunity.
Class B building (1929), two buildings on 0.81-acre lot, versatile layout for distribution, flex, or warehouse use.
15,778 SF net rentable area, 14' ceilings, two dock-high and two grade-level doors, 18 parking spaces.
Secured paved yard (approx. 15,000 SF) plus 2,000+ SF adjacent land.
Two bathrooms, full kitchen, open flex spaces, storage, office space; climate-controlled main building.
IH zoning, Airport Way/Columbia Corridor location, near PDX and I-5.
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