Recent Price Reduction – Now $5,345,000 (was $5,595,000)
2451 NW 28th Avenue offers an exceptional opportunity to acquire a rare flex/industrial property in Portland’s highly coveted Northwest submarket. This ±33,906 SF building sits on 0.84 acres and provides a versatile layout with a significant mix of warehouse and office space. Currently configured for two tenants, the building includes ±23,092 SF of vacant space and ±10,814 SF occupied by Great Notion Brewing under lease through April 15, 2026, with strong renewal interest. Buyers have multiple strategies: occupy the entire building, lease just the vacant section, or retain partial occupancy for stable income from the existing tenant.
Key features include Heavy Industrial (IH) zoning that supports a broad range of uses, a desirable office-to-warehouse ratio, and recent building upgrades such as new paint, updated office finishes, and warehouse improvements. With proximity to HWY 30, I-405, and Slabtown dining and amenities, this property offers exceptional connectivity and long-term value.