1011 Oak StPortland, OR 97214

Property Details for 1011 Oak St

Year built

1960

Lot size

0.92 AC

Property size (Sq ft)

39,556 SF

Zone code

IG1

Property type

Warehouses

APN

1N1E35CD 09000

APU

1N1E35CD09000

Description

This exceptional 46,356-square-foot industrial flex building presents a rare opportunity in Portland, Oregon. Situated on a full city block in the desirable southeast area, this 1960-built property offers significant versatility. The building boasts 13-19 foot ceiling heights and ample power with 2200 amps of 120/240, 3-phase electricity. The entire 46,356 square feet is currently vacant, providing immediate occupancy for a single user or the potential for multiple tenants. The property features six grade-level loading doors strategically located on SE Oak Street, SE 10th Avenue, and SE Pine Street. Approximately 6,800 square feet of usable space is located on the second floor. The 40,000 square foot lot is zoned IG1- General Industrial 1, allowing for a wide range of uses including manufacturing, production, vehicle repair, wholesale sales, and self-storage. Retail and office uses are permitted up to 3,000 square feet, with residential use subject to conditional approval. This property's size, location, and zoning make it an ideal investment for a variety of businesses. The Multnomah County property (APN R150472) is ready for its next chapter. Located at 1011 SE Oak Street, Portland, OR 97214.

• Alternative Use

  Use

  Valuation

  Residential

  $12,435,618

  Hospitality

  $11,390,959

  Educational

  $9,477,144

  Medical

  $9,803,078

  Retail

  $14,742,224

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5204

Longitude

-122.655

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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