4636 Albina Ave Portland, OR 97217-3012

Property Details for 4636 Albina Ave

Year built

1955

Lot size

0.11 lot acres

Property size

5,000 SF

Zone code

EXD

Property type

Commercial real estate

APN

1N1E22BD 10000

APU

1N1E22BD10000

Description

This exceptional 5,000-square-foot industrial flex space, located at 4636 N Albina Ave in Portland, Oregon, presents a unique owner-user opportunity. Priced at $2,100,000, this fee-simple property sits on a 10,000-square-foot lot and boasts a single-story building constructed in 1955. The building features a 10-foot ceiling height, one unit, and is currently vacant. Ideal for a variety of uses, the property includes a small interior office and a spacious warehouse area equipped with two grade-level roll-up doors. A secure rear yard offers ample parking and storage options, enhancing the property's functionality. Its prime location in Northeast Portland offers excellent connectivity to I-5 and the vibrant Mississippi Street retail corridor. The CM2 zoning allows for flexible use, including distribution, light manufacturing, or potential redevelopment and expansion. Surrounded by new multifamily and mixed-use developments, this corner lot property presents a strong investment opportunity with long-term development potential in a high-growth area. This is a rare chance to acquire functional industrial space in a highly desirable North Portland location. The property's convenient access to Interstate 5 and its proximity to the Mississippi Avenue retail corridor further enhance its appeal. The combination of its size, location, and zoning makes this a compelling opportunity for owner-occupants or investors seeking a versatile industrial property with significant upside potential.