2314 NW Savier St - Flex FOR SALE


Portland, OR 97210- Uptown Portland
$3,200,000 USD
503-972-5399
2314 NW Savier St, Portland, OR for Sale
$3,200,000 USD
Flex - FOR SALE
1/5
null | Request Cap Rate

NEW


2314 NW Savier St
Portland, OR 97210
Uptown Portland


HIGHLIGHTS

  • Central location with high visibility
  • Mixed-use potential
  • Unbeatable access
  • Affluent neighborhood
  • Amenity-rich district

OVERVIEW

Historically known for its industrial roots and lumber mills, Slabtown has undergone a dramatic transformation in recent years, bordering Nob Hill and its mix of repurposed warehouses, condos, apartments, eclectic shops, and well known restaurants. Transforming 17 acres of industrial land into a dense mixed-use development, over 1,000 apartment units have been built in Slabtown in recent years. According to census data, Slabtown population increased by a whopping 78% between 2011 and 2021. The Savier Building serves both of these thriving neighborhoods, and is a perfect example of the unique blend of old and new which is found here. Local tenants Aria Gin and Baby Barrels focus on wine and liquor sales and production. There is one vacant 4,434 SF flex space, fully built out with 11 private offices with abundant natural light, along with storage and warehouse space. This property is an ideal acquisition for an owner-user who can occupy the vacancy, and benefit from the income generated by the building tenants.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$452 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,000

ZONING

CS

APN/PARCEL ID

R141415

ASK ABOUT THIS PROPERTY

Sara DaleyNAI ElliottMore Info
503-972-5399

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Sara DaleyNAI ElliottMore Info
503-972-5399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.