81 Columbia BlvdPortland, OR 97211

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.