Portland Industrial Redevelopment Opportunity

866-900 N Columbia Blvd, Portland, OR

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For Sale

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Heavy Industrial-zoned property with redevelopment potential in Portland's industrial hub.

Type:INDUSTRIAL

Property size:

131,472 SF

Lot size:

5.34 Acres

HighLights

Strong anchor tenant, Glass to Glass (part of Owens‑Illinois (O‑I) Glass), provides stable income.
Heavy Industrial zoning on ± 5.34 acres allows for redevelopment or continued industrial use.
Immediate access to I‑5 offers excellent transportation and logistics advantages.
Assignable Prospective Purchaser Agreement (PPA) shields future owners from environmental remediation.
Substantial recent improvements including new roofs, upgraded windows, and electrical/power enhancements.
Additional income potential from leased maker spaces and event venue in Building B1.

We can help!

Listing Contact

Jordan Fezler

For Sale

Contact for pricing

Heavy Industrial-zoned property with redevelopment potential in Portland's industrial hub.

Type:INDUSTRIAL

Property size:

131,472 SF

Lot size:

5.34 Acres

Added:: Apr 1, 2025
Days on Market:: 448
Last Refresh:: May 19 at 8:57 pm

Property Features for 866-900 N Columbia Blvd

General Information

Standard status: Active
Size: 131,472 SF
Lot size: 5.34 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Jordan Fezler

Listing agent Jordan Fezler License #201225534

Listing office Apex Real Estate Partners

Listing date Apr 1, 2025

Source Moodyscre

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 Apex Real Estate Partners

HighLights

Strong anchor tenant, Glass to Glass (part of Owens‑Illinois (O‑I) Glass), provides stable income.
Heavy Industrial zoning on ± 5.34 acres allows for redevelopment or continued industrial use.
Immediate access to I‑5 offers excellent transportation and logistics advantages.
Assignable Prospective Purchaser Agreement (PPA) shields future owners from environmental remediation.
Substantial recent improvements including new roofs, upgraded windows, and electrical/power enhancements.
Additional income potential from leased maker spaces and event venue in Building B1.

Overview

The Pickle Factory is a property that offers potential as a leased investment or a redevelopment project. It features a strong anchor tenant, immediate access to I-5, and a location in Portland’s industrial hub. The property includes five buildings totaling approximately 131,472 square feet on approximately 5.34 acres of Heavy Industrial-zoned land. The current ownership has completed improvements, including new roofs, upgraded windows, electrical and power enhancements, and tenant upgrades. An assignable Prospective Purchaser Agreement (PPA) has been executed, protecting future owners from environmental remediation responsibilities. Glass to Glass, part of Owens-Illinois (O-I) Glass, is the anchor tenant, occupying approximately 47,290 square feet of the approximately 53,873 square foot building with remaining lease term in place. Building B1, spanning approximately 60,275 square feet, features leased maker and creative spaces and serves as a venue for large events, generating additional income.

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

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Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.676
Latitude: 45.5833

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For sale
Warehouses
OR
Portland
866-900 N Columbia Blvd

What type of property is this?

Warehouse - Heavy Industrial-zoned property with redevelopment potential in Portland's industrial hub.

Where is this warehouse located?

The property is located at 866-900 N Columbia Blvd Portland, OR.

What are key features of this property?

This property features: Strong anchor tenant, Glass to Glass (part of Owens‑Illinois (O‑I) Glass), provides stable income.; Heavy Industrial zoning on ± 5.34 acres allows for redevelopment or continued industrial use.; Immediate access to I‑5 offers excellent transportation and logistics advantages.