Portland Industrial Warehouse Asset
2506 NE MULTNOMAH ST, Portland, OR 97232
Call to check price and availability
65,060 SF warehouse on 3.29 acres near I-84.
Type:Industrial
Property size:
65,060 SFLot size:
3.29 AcresPrice / SF:
$30/SF- Added:
- May 22, 2026
- Days on Market:
- 10
- Last Refresh:
- May 27 at 8:22 am
Property Features for 2506 NE MULTNOMAH ST
General Information
- Standard status
- Active
- Size
- 65,060 SF
- Lot size
- 3.29 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1910
Listing agent Bradley King License #OR 201235429
Listing office KW Commercial Portland Premiere (503) 313-8262
Listing date May 22, 2026
Source Crexi
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 KW Commercial Portland Premiere
HighLights
- Substantial 65,060 sq ft warehouse on 3.29 acres in inner Northeast Portland.
- Dual‑lot configuration with split zoning (IG2/R2.5) allows for industrial use and future redevelopment/mixed‑use potential.
- Prime location in Sullivan's Gulch with immediate I‑84 access and proximity to the Lloyd District and downtown Portland.
- Strong Walk Score (83) and Transit Score (68) support diverse employee base and operational uses.
- Historic structure with raw scale and bones appealing to value‑add investors and owner‑users.
- IG2 zoning accommodates heavy industrial, warehousing, manufacturing, flex, and distribution uses.
Overview
This is a rare opportunity to acquire a substantial industrial warehouse asset on two contiguous lots totaling 3.29 acres in inner Northeast Portland. The property encompasses 65,060 square feet of warehouse and industrial space within a historic structure. Positioned in Sullivan's Gulch, the site benefits from immediate access to I-84 and proximity to the Lloyd District, placing it minutes from downtown Portland with excellent regional distribution connectivity. With a Walk Score of 83 and Transit Score of 68, the location supports a broad range of employees and operational uses. The dual-lot configuration carries split zoning of IG2 (General Industrial) and R2.5 (medium-density residential). The IG2-zoned parcel accommodates heavy industrial, warehousing, manufacturing, flex, and distribution uses, while the R2.5 parcel opens the door to residential development potential in one of Portland's most walkable inner-east neighborhoods.
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar Places Nearby
- Public Storage — 1620 NE Sandy Blvd, Portland, OR 97232
- Self Storage — ne 28th ave, portland, or 97232
- NE 12th & Irving Self Storage — 18 ne 12th ave, portland, or 97214
- Nannybag Luggage Storage — 2600 NE Sandy Blvd, Portland, OR 97232
- Pro-Tek Storage — 1625 NE Sandy Blvd B, Portland, OR 97232
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6404659
- Latitude
- 45.5309846
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FAQs
What type of property is this?
Warehouse - 65,060 SF warehouse on 3.29 acres near I-84.
Where is this warehouse located?
The property is located at 2506 NE MULTNOMAH ST Portland, OR.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Substantial 65,060 sq ft warehouse on 3.29 acres in inner Northeast Portland.; Dual‑lot configuration with split zoning (IG2/R2.5) allows for industrial use and future redevelopment/mixed‑use potential.; Prime location in Sullivan's Gulch with immediate I‑84 access and proximity to the Lloyd District and downtown Portland.
