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    Industrial Warehouse Near Downtown Portland Title is generated by Realmo AI

    3460 NW Industrial St, Portland, OR 97210

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    28,500 SF industrial building with office/showroom on 1.01-acre lot.

    Type:Industrial
    Property size:
    28,487 SF
    Lot size:
    1.01 Acres
    Price / SF:
    $199/SF
    Added:
    Nov 11, 2023
    Days on Market:
    944
    Last Refresh:
    May 12 at 8:50 pm

    Property Features for 3460 NW Industrial St

    General Information

    Standard status
    Active
    Size
    28,487 SF
    Lot size
    1.01 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1955

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    Listing Contact
    Don Ossey
    Don Ossey

    Listing agent Don Ossey License #OR811200067

    Listing office Capacity Commercial Group

    Listing date Nov 11, 2023

    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 Capacity Commercial Group

    HighLights

    • 28,500 SF Industrial Warehouse with 6,000 SF Office/Showroom
    • Located Close‑in Northwest Portland Off St. Helens Road
    • Excellent Proximity to Highway 30 and Downtown Portland
    • 1.01 Acre Lot
    • Available for Sale or Lease
    • High Quality Industrial Building

    Overview

    Available for sale or lease, this 28,500 square foot industrial warehouse includes 6,000 square feet of office and showroom space. The property is situated on a 1.01-acre lot and is located in Northwest Portland, just off Saint Helens Road, offering convenient access to Highway 30 and downtown Portland.

    Local Financial Insights For Retail

    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 $512.8k $18.00
    − Vacancy −$38.5k −$1.35
    EGI $474.3k $16.65
    − OpEx −$142.3k −$5.00
    NOI $332.0k $11.66
    28,487 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.74M
    $4.15M – $5.53M (±1% cap)
    NOI $332,016 @ 7.0% cap · market cap 5.83%
    Second Best
    Warehouse
    $3.10M
    $2.71M – $3.62M (±1% cap)
    NOI $217,112 @ 7.0% cap · market cap 3.81%
    Theoretical Best
    Office A
    $8.00M
    $7.00M – $9.33M (±1% cap)
    NOI $559,990 @ 7.0% cap · market cap 9.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Equal Exchange Big Box & Wholesale Store Nexus Factory Outlet Electronics & Wireless Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • ReadySpaces — 2455 NW Nicolai St, Portland, OR 97210
    • U-Store Self Storage Portland West — 2860 NW 29th Ave, Portland, OR 97210
    • Record Nations — 3055 NW Yeon Ave, Portland, OR 97210
    • Spectrum Information Services NW Inc. — 3077 NW St Helens Rd, Portland, OR 97210
    • Willamette Valley Moving — 3055 NW Yeon Ave, Portland, OR 97210

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.7175748
    Latitude
    45.5408664

    FAQs

    What type of property is this?
    Warehouse - 28,500 SF industrial building with office/showroom on 1.01-acre lot.
    Where is this warehouse located?
    The property is located at 3460 NW Industrial St Portland, OR.
    What is the asking price?
    The asking price for this property is $5,695,000.
    What are key features of this property?
    This property features: 28,500 SF Industrial Warehouse with **6,000 SF Office/Showroom**; Located Close‑in Northwest Portland Off St. Helens Road; Excellent Proximity to Highway 30 and Downtown Portland
    (503) 816-2047 Call to check price and availability
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