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    Portland, OR 97206

    For Sale
    Contact for pricing

    4,237 SF building with office and warehouse space.

    Property Features for

    General Information

    Zoning
    CM2 (Commercial Mixed Use 2, City of Portland)

    Building Details

    Year built
    1972

    Source: Joe Kappler Agent Joe Kappler

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

    Overview

    Freestanding Commercial Building with Warehouse

    This unique freestanding commercial building, totaling 4,237 square feet, is located just off SE Foster Rd. and SE 56th Avenue. The building features a layout comprising both front office space and a back warehouse area, with an approximate 50/50 office-to-warehouse ratio. The front office area includes a mix of open space and private offices, along with two restrooms located near the warehouse. The back warehouse area is equipped with a large grade-level door. The property benefits from its location within the rapidly evolving Foster/Lents neighborhood, with restaurants nearby and convenient access to both I-205 and I-5. Additional features include ample front office space with an open warehouse area in the back, a loading door in the back providing access to SE 56th Avenue via an easement, parking and a yard area on the south side of the building, and four parking spots on the north side. The building has a newer roof, approximately 2 years old with a 15-year warranty, and the HVAC system is approximately 3 years old.
    Location Intelligence

    Current Use by Public Records

    Office space

    Similar Places Nearby

    Multnomah Building, Columbia Grain International Inc, EGT LLC, Schlattcoin Treasury, Nearby Storage Units - Portland, OR

    Map

    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.599
    Latitude
    45.4813

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    FAQs

    What type of property is this?
    Warehouse - 4,237 SF building with office and warehouse space.
    Where is this warehouse located?
    The property is located at Portland, OR.
    What are key features of this property?
    This property features: - Freestanding commercial building in the Foster/Lents neighborhood.; - 4,237 SF building with a flexible 50/50 office/warehouse layout.; - Large grade-level loading door provides warehouse access.
    (503) 972-7294
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    Portland, OR 97206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Portland, OR 97206
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