81 Columbia BlvdPortland, OR 97211

Property Details for 81 Columbia Blvd

Year built

1929

Lot size

0.31 AC

Property size (Sq ft)

14,322 SF

Zone code

IHH

Property type

Industrial properties

Property subtype

Other warehouses

APN

1N1E10DA 02100

APU

1N1E10DA02100

Description

This exceptional 15,778-square-foot industrial property, located at 81 NE Columbia Blvd in Portland, Oregon, presents a unique owner-user opportunity. The Class B building, constructed in 1929, features two buildings on a 0.81-acre lot and boasts a versatile layout suitable for distribution, flex, or warehouse uses. The property includes 15,778 square feet of net rentable space, with a 14-foot ceiling height. Access is provided by two dock-high doors and two grade-level doors, supported by 18 parking spaces. The property also benefits from a secured, paved yard of approximately 15,000 square feet, plus an additional 2,000+ square feet of adjacent land. Interior features include two bathrooms, a full kitchen, several open flex spaces, various storage rooms, and office space. Nearly the entire main building is climate-controlled. The property is zoned IH - Heavy Industrial and is conveniently located in Portland's Airport Way, within the Columbia Corridor, offering easy access to Portland International Airport and Interstate 5. A significant advantage is the inclusion of approved retail and wholesale cannabis licenses, transferable to the new owner. The asking price is $3,155,600, or $200 per square foot. Vacant and ready for immediate occupancy starting January 1, 2024.

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5825

Longitude

-122.665

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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