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    3417 22Nd Ave Portland, OR 97202

    Sponsored
    For Sale
    $1,700,000

    Two Buildings, Prime Location

    Property size:
    6,342 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two adjacent industrial buildings totaling 6,342 square feet, situated on a 10,320 square foot lot in Portland, Oregon's desirable Close-in Eastside. Built in 1989 and zoned IG1, these properties offer significant potential for various industrial uses. Each building features 13-14 foot ceilings and two dock-high doors, providing ample space and efficient loading capabilities. The property includes six parking spaces. The buildings are available for purchase individually—3417 SE 22nd Avenue for $865,000 and 3427 SE 22nd Avenue for $835,000—or as a combined portfolio for $1,700,000. The seller is open to considering cash or terms. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving market. The address is 3417 & 3427 SE 22nd Avenue, Portland, OR 97202. This property is comprised of two units.

    Property Features for 3417 22Nd Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    6,342 SF

    Building Details

    Year Built
    1989
    Units
    2

    HighLights

    • Prime Portland, OR industrial investment opportunity in the Close‑in Eastside.
    • Two adjacent warehouse/manufacturing buildings totaling 6,342 square feet available for sale individually or as a portfolio.
    • 3417 SE 22nd Avenue offered at $865,000.
    • 3427 SE 22nd Avenue offered at $835,000.
    • Seller financing options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.643933
    Latitude
    45.4977991

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    FAQs

    What type of property is this?
    Manufacturing property - Two Buildings, Prime Location
    Where is this manufacturing property located?
    The property is located at 3417 22Nd Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Prime Portland, OR industrial investment opportunity in the Close-in Eastside.; Two adjacent warehouse/manufacturing buildings totaling 6,342 square feet available for sale individually or as a portfolio.; 3417 SE 22nd Avenue offered at $865,000.
    Request Owner's contact information
    3417 22Nd Ave Portland, OR 97202
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    Portland, OR 97202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3417 22Nd Ave Portland, OR 97202
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