Functional Warehouse with
1211 N Loring St Portland, OR
For Sale
Contact for pricing
Warehouse space with cooler, dock doors, and flexible lease.
Property Size21,650 SF
Lot Size0.77 Acres
Price / SF$184.53
Days on Market395
Property Features for 1211 N Loring St
General Information
Standard status
Active
Size
21,650 SF
Lot size
0.77 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 1211 N Loring St Contact us
Listing Agency:
Ethos Commercial Advisors LLC
(503) 205-0610
Listed By:
Josh Bean, SIOR · License #201205396
(503) 205-0610
Source:
Moodyscre
Added: Jul 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:09AM
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 Ethos Commercial Advisors LLC
Investment Insights
Based on property information with market context.
This warehouse building offers immediate occupancy with flexible lease terms available up through 2027. Previously used for food and beverage operations, the warehouse comes complete with a functioning cooler, floor drain, and a 3-compartment sink. Recent improvements include new LED lights in the warehouse and updated office finishes, facilitating an easy move-in. The property features functional loading opportunities with 3 dock doors and an oversized power grade door that is 16' wide. The building also includes 2 restrooms, one of which has a shower. Numerous power drops are available throughout the 21,650 square feet.
Key Highlights
- Functioning cooler, floor drain, and 3‑compartment sink ideal for food and beverage operations.
- Flexible lease terms available up through 2027.
- Immediate occupancy available.
Financial Insights For Warehouse
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 | $207.8k | $9.60 |
| − Vacancy | −$13.7k | −$0.63 |
| EGI | $194.1k | $8.97 |
| − OpEx | −$29.1k | −$1.34 |
| NOI | $165.0k | $7.62 |
21,650 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.36M
$2.06M – $2.75M
NOI $165,004 @ 7.0% cap · market cap 4.13%
Second Best
Industrial
$1.94M
$1.70M – $2.26M
NOI $135,886 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$6.08M
$5.32M – $7.09M
NOI $425,590 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- U-Store self storage facility — 1650 nw 13th ave, portland, or 97209
- SunGard Availability Services — 1233 NW 12th Ave #201, Portland, OR 97209
- MODIG — 1616 NW 14th Ave, Portland, OR 97209
- U-Store Pearl — 1700 NW 14th Ave, Portland, OR 97209
- SecureSpace Self Storage Portland 16th — 1323 NW 16th Ave, Portland, OR 97209
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space with cooler, dock doors, and flexible lease.
Where is this warehouse located?
The property is located at 1211 N Loring St Portland, OR.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Functioning cooler, floor drain, and 3‑compartment sink ideal for food and beverage operations.; Flexible lease terms available up through 2027.; Immediate occupancy available.
