2506 NE Multnomah St - Warehouse FOR SALE


Portland, OR 97232- Sullivan's Gulch
$1,990,000 USD
503-313-8262
2506 NE Multnomah St, Portland, OR for Sale
$1,990,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

NEW


2506 NE Multnomah St
Portland, OR 97232
Sullivan's Gulch


HIGHLIGHTS

  • 65,065 SF of warehouse
  • 2 lots totaling 3.29 acres in heart of inner NE Portland
  • Immediate access to I-84 and proximity to Lloyd District

OVERVIEW

*A rare opportunity to acquire a substantial industrial warehouse asset on two contiguous lots totaling 3.29 acres in the heart of inner Northeast Portland. *The property encompasses 65,060 square feet of warehouse and industrial space within a historic structure, offering the raw scale and bones that value-add investors and owner-users seek in today's supply-constrained Portland industrial market. *Positioned in Sullivan's Gulch, the site benefits from immediate access to I-84 and proximity to the Lloyd District, placing it minutes from downtown Portland with excellent regional distribution connectivity. *With a Walk Score of 83 and Transit Score of 68, the location supports a broad range of employees and operational uses. *The dual-lot configuration carries split zoning of IG2 (General Industrial) and R2.5 (medium-density residential), a combination that supports continued industrial operations today while preserving long-term redevelopment or mixed-use optionality for future ownership. *The IG2-zoned parcel accommodates heavy industrial, warehousing, manufacturing, flex, and distribution uses, while the R2.5 parcel opens the door to residential development potential in one of Portland's most walkable inner-east neighborhoods. *PLEASE EMAIL ADMIN@BRADLEYKINGCRE.com to request additional Buyer information. *Call Ethan at 503-791-1986 or Bradley at 503-313-8262 for any questions you may have.

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

UTILITIES

Lighting, Water

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.29

LAND SF

143,312

ZONING

IG2/R2.5

APN/PARCEL ID

R316802,R316853

ASK ABOUT THIS PROPERTY

Bradley KingKW Commercial Portland PremiereMore Info
503-313-8262

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Bradley KingKW Commercial Portland PremiereMore Info
503-313-8262

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