For Sale
$6,750,000

845 Columbia Blvd Portland, OR 97211

High-yield industrial warehouse, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional multi-tenant warehouse at 845 NE Columbia Blvd, Portland, Oregon, presents a unique investment opportunity. Boasting 37,463 square feet on a 1.54-acre lot in Multnomah County (zip code 97211), this property offers a compelling 8.40% cap rate at an asking price of $6,750,000. The property benefits from significant capital upgrades and features a diverse tenant base, including cannabis cultivators, extractors, a dispensary, and traditional food businesses. Its Heavy Industrial zoning allows for a wide range of uses. Strategically located near the I-5 freeway, this property enjoys excellent access to major transportation arteries, enhancing its appeal to both current and future tenants. The property's strong tenant mix and high cap rate make it an attractive investment for those seeking a stable and potentially high-growth asset in a thriving Portland market. This is a rare chance to acquire a well-maintained, multi-tenant industrial property with a proven track record and significant upside potential. The property's location in Northeast Portland provides easy access to major transportation routes and a diverse workforce.

Highlights

  • Unique multi-tenant investment opportunity in NE Portland with significant capital improvements.
  • Diverse tenant mix including cannabis cultivators, extractors, a dispensary, and food businesses.
  • Heavy Industrial zoning.
  • Excellent I-5 freeway access.

Property Details for 845 Columbia Blvd

Property type
Warehouses, Industrial properties
Square Feet
37,463 SF
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5800962
Longitude
-122.6561833
845 Columbia Blvd, Portland, Oregon

FAQs

What type of property is this?
Warehouse - High-yield industrial warehouse, excellent location.
Where is the warehouse located?
The property is located at 845 Columbia Blvd Portland, OR.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Unique multi-tenant investment opportunity in NE Portland with significant capital improvements.; Diverse tenant mix including cannabis cultivators, extractors, a dispensary, and food businesses.; Heavy Industrial zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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845 Columbia Blvd
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