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    Industrial Building with Office Space Title is generated by Realmo AI

    1163 NE 63rd Ave, Portland, OR 97213

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    For Sale
    $2,950,000

    Industrial building for sale with dedicated office space and fenced, paved parking on a 0.75-acre lot.

    Type:Showroom
    Property size:
    18,800 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $156/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 3:19 am

    Property Features for 1163 NE 63rd Ave

    General Information

    Standard status
    Active
    Size
    18,800 SF
    Lot size
    0.75 Acres
    Property subtype
    Showroom

    Building Details

    Year Built
    1957

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    Ryan Bowers

    Listing office

    Listing date Jun 25, 2026

    Source Capacitycommercial

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Ryan Bowers

    HighLights

    • Industrial building totaling 18,800 SF
    • Includes 2,500 SF of office space
    • 0.75‑acre lot with fenced area
    • Fenced, paved parking available

    Overview

    This for-sale industrial building includes a total 18,800 SF footprint with 2,500 SF of office space. The property sits on a 0.75-acre lot and offers fenced, paved parking, supporting both day-to-day operations and on-site vehicle storage.

    Located at 1163 NE 63rd Ave in Portland, Oregon, the site is set up for practical logistics and tenant needs, with parking directly available on the grounds. The fenced lot helps define the usable outdoor area for controlled access.

    The building’s split between industrial space and office space makes it a workable fit for owner-operators or businesses that require both production, storage, or work space and an on-site office component. With paved parking already in place and the lot secured by fencing, the property can support operations that benefit from immediate vehicle handling and straightforward access for staff and visitors.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $428.6k $22.80
    − Vacancy −$104.2k −$5.54
    EGI $324.5k $17.26
    − OpEx −$81.1k −$4.31
    NOI $243.4k $12.94
    18,800 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.48M
    $3.04M – $4.06M (±1% cap)
    NOI $243,360 @ 7.0% cap · market cap 8.25%
    Second Best
    Retail
    $3.13M
    $2.74M – $3.65M (±1% cap)
    NOI $219,114 @ 7.0% cap · market cap 7.43%
    Theoretical Best
    Office A
    $5.28M
    $4.62M – $6.16M (±1% cap)
    NOI $369,565 @ 7.0% cap · market cap 12.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    BDI-Bearing Distributors Inc. Distribution Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • White Pepper — 7505 NE Glisan St, Portland, OR 97213

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5992467
    Latitude
    45.5313157

    FAQs

    What type of property is this?
    Flex space - Industrial building for sale with dedicated office space and fenced, paved parking on a 0.75-acre lot.
    Where is this flex space located?
    The property is located at 1163 NE 63rd Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Industrial building totaling 18,800 SF; Includes 2,500 SF of office space; 0.75‑acre lot with fenced area
    More about this property
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