2451 NW 28th Ave - Flex FOR SALE


Portland, OR 97210
$4,600,000 USD
503-927-3359
2451 NW 28th Ave, Portland, OR for Sale
$4,600,000 USD
Flex - FOR SALE
1/15
null | Request Cap Rate

2451 NW 28th Ave
Portland, OR 97210


HIGHLIGHTS

  • Reduced sale price of $4,600,000 creates an attractive acquisition opportunity.
  • Multi-tenant configuration offers flexibility for users or investors.
  • Recent building renovations enhance functionality and appearance.
  • Centrally located near HWY 30, I-405, and downtown Portland with excellent accessibility.

OVERVIEW

Significant Recent Price Reduction – Now $4,600,000 (was $5,595,000) 2451 NW 28th Ave offers a rare opportunity to acquire a stand-alone flex/industrial property in Portland's highly desirable Northwest industrial district. The building combines warehouse, office, and assembly areas with Heavy Industrial (IH) zoning that supports a broad range of industrial and commercial uses. The property's central location provides convenient access to Highway 30, I-405, NW St. Helens Road, downtown Portland, and nearby business districts. Recent improvements include updates to interior and exterior finishes, office areas, warehouse lighting, heating systems, and other building components. A significant pricing adjustment has enhanced the investment opportunity, with the sale price reduced to $4.6 million, representing a $995,000 reduction from the original asking price. Combined with its flexible configuration, loading capabilities, and established Northwest Portland location, the property offers an attractive opportunity for owner-users and investors seeking a well-positioned industrial asset.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, R&D, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.84

LAND SF

36,590

ZONING

IH

APN/PARCEL ID

R266227

ASK ABOUT THIS PROPERTY

Zach FrancisKidder MathewsMore Info
503-927-3359

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Zach FrancisKidder MathewsMore Info
503-927-3359

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