2421-2455 SE 11th Ave - Flex FOR SALE


Portland, OR 97214- Hosford-Abernethy
$975,000 USD
503-227-2500
2421-2455 SE 11th Ave, Portland, OR for Sale
$975,000 USD
Flex - FOR SALE
1/8
null | Request Cap Rate

NEW


2421-2455 SE 11th Ave
Portland, OR 97214
Hosford-Abernethy


HIGHLIGHTS

  • High exposure Central Eastside location
  • 12,740 SF creative industrial building situated on 18,227 SF land
  • Concrete-tilt construction, built in 1966, renovated in 2013
  • General Industrial, IG1 zoning
  • Located steps from TriMet’s FX-2 Division high-speed bus line and the Clinton St/SE 12th Ave MAX Orange Line Station

OVERVIEW

Located in Portland's Central Eastside, this 12,740 SF industrial building situated on 18,227 SF of land offers users a unique opportunity to acquire a leasehold interest in a multi-tenant investment property. The building was renovated in 2013 and provides home to one thriving business that occupies 25% of the space. The balance of the space, totaling 9,543 SF, is available for lease or for occupancy by an owner/user. With retail exposure, abundant natural light and flexibility, the building offers a strong foundation for a wide array of creative or mixed-use ventures.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Allan Building

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

4

DRIVE INS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,295

ZONING

IG1

APN/PARCEL ID

R276052

ASK ABOUT THIS PROPERTY

Rod BrokenshireMacadam ForbesMore Info
503-227-2500

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

Rod BrokenshireMacadam ForbesMore Info
503-227-2500

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