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Waterfront Warehouse Property
For Sale
$18,500,000

1462 NW Naito Pkwy, Portland, OR 97209

Existing warehouse improvements occupy a riverfront development site with zoning supporting multiple commercial and residential uses.

Property Size59,557 SF
Lot Size2.76 Acres
Price / SF$310.63
Days on Market56

Property Features for 1462 NW Naito Pkwy

General Information

Standard status Active
Size 59,557 SF
Lot size 2.76 Acres
Property subtype Industrial
Zoning EX

Additional Details

Opportunity Zone Yes
Warehouse Space 59,557 SF

Building Details

Buildings 1
Building Size 59,557 SF
Listing Agency: R.H. Cooke & Associates
Listed By: Bob Cooke · License #12404
Source: Rhcooke.idxbroker
Added: Jul 10 Changed: Aug 28 Last Checked: Sep 2 at 1:24PM

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 R.H. Cooke & Associates

Investment Insights

Based on property information with market context.

This 2.76-acre warehouse property includes an existing 59,557-square-foot structure and approximately 370 linear feet along the Willamette River. The site is positioned directly on the riverfront and falls within Portland’s Pearl District.

EX zoning allows multifamily, mixed-use, retail, office, and hospitality development. The property is also located within an opportunity zone, adding a documented tax-incentive component to the site’s development profile. The sale includes both the land and existing warehouse improvements at 1462 NW Naito Pkwy.

Key Highlights

  • 2.76‑acre waterfront development site in Portland’s Pearl District
  • Existing 59,557 SF warehouse structure included in the sale
  • Approximately 370' of Willamette River frontage

Property Analytics

Current Use

Largo Concrete Construction Company

Suggested Use

Top Pick Auto Parts Store HVAC Service Building Supply Electrical Service Veterinary Clinic Daycare Center

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

Location Intelligence

Trade Area within ½ mile

4,098
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Existing warehouse improvements occupy a riverfront development site with zoning supporting multiple commercial and residential uses.
Where is this warehouse located?
The property is located at 1462 NW Naito Pkwy Portland, OR.
What is the asking price?
The asking price for this property is $18,500,000.
What are key features of this property?
This property features: 2.76‑acre waterfront development site in Portland’s Pearl District; Existing 59,557 SF warehouse structure included in the sale; Approximately 370' of Willamette River frontage
More about this property
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