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Two-Story Industrial Building with Expansion Land
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1015 SE Woodward St, Portland, OR 97202

Two-story warehouse on a 40,000 SF site, with upgrades underway and parking for 20–25 cars.

Property Size18,000 SF
Lot Size1.00 Acre
Days on Market134

Property Features for 1015 SE Woodward St

General Information

Standard status Active
Size 18,000 SF
Total Parking Spaces 25
Lot size 1.00 Acre
Property subtype Industrial

Additional Details

Heavy Power Yes

Building Details

Stories 2
Listing Agency: Cascade Commercial Real Estate
Listed By: Todd DeNeffe · License #OR
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 12:44PM

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 Cascade Commercial Real Estate

Investment Insights

Based on property information with market context.

The Carriage House is a two-story, vintage 1920s industrial warehouse totaling 18,000 SF. The property is undergoing substantial core upgrades, including new entrances, bathrooms, mezzanines, and HVAC stubbed in. Three-phase electrical panels are planned for both levels, and a new insulated roof with skylights was completed about 18 months ago.

Parking is available for approximately 20–25 cars. In addition to the building, there is 20,000 SF of extra land currently leased to two towing companies under city-related contracts, with leases expiring 12/2025.

Key Highlights

  • Price reduced to $3 million for a two‑story 18,000 SF industrial building on a 40,000 SF site
  • Upgrades underway: new entrances, bathrooms, mezzanines, and HVAC stubbed in with 3‑phase electrical panels to both levels
  • New insulated roof and skylights completed 18 months ago

Property Analytics

Current Use

Newhouse Towing Service Auto Repair Shop Allied Recovery, Inc Business Service Center

Suggested Use

Top Pick Auto Parts Store Storage Facility HVAC Service Electrical Service Pet Grooming Service Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

2,067
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value

Market

Vacancy Rate% for Industrial in Portland, OR

3.4% 2019
4.1% 2020
2.5% 2021
2.1% 2022
4.2% 2023
5.5% 2024
6.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-story warehouse on a 40,000 SF site, with upgrades underway and parking for 20–25 cars.
Where is this flex space located?
The property is located at 1015 SE Woodward St Portland, OR.
What are key features of this property?
This property features: Price reduced to $3 million for a two‑story 18,000 SF industrial building on a 40,000 SF site; Upgrades underway: new entrances, bathrooms, mezzanines, and HVAC stubbed in with 3‑phase electrical panels to both levels; New insulated roof and skylights completed 18 months ago
(503) 705-6380 Call to check price and availability
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