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    3630 20Th Ave Portland, OR 97232

    For Lease
    Contact for pricing

    3,650 SF Warehouse, Newly Renovated

    Lot size:
    3,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3,650-square-foot industrial property, located at 3630 SE 20th Ave in Portland, Oregon, presents a fantastic opportunity for a single tenant. The building, zoned IG1 in Multnomah County, features a desirable combination of warehouse and office space. The warehouse boasts a generous 18-foot ceiling height, perfect for various industrial uses, and includes one dock-high door for efficient loading and unloading. Abundant natural light floods the space thanks to a glass roll-up door and newly installed windows along the north wall. Recent renovations have significantly enhanced the property's functionality and appeal. These upgrades include a completely updated office space, modern restrooms, and a new warehouse lighting system. The two-story office area, totaling 750 square feet (375 square feet per floor), benefits from newly installed HVAC split systems, ensuring comfortable year-round climate control. The property is currently vacant and ready for immediate occupancy. Its prime location in Portland, Oregon, zip code 97232, offers excellent access to transportation routes and a thriving business community. This is a rare opportunity to secure a well-maintained, recently renovated industrial space in a highly desirable location. The property's features make it ideal for a variety of manufacturing and warehouse operations.

    Property Features for 3630 20Th Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,650 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available space
    Size
    3,650 SF

    HighLights

    • Direct landlord lease extension available.
    • Triple Net lease: $1,074.00 annually ($0.294/SF).
    • 750 square foot, two‑story office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6463158
    Latitude
    45.5295528

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    FAQs

    What type of property is this?
    Distribution property - 3,650 SF Warehouse, Newly Renovated
    Where is this distribution property located?
    The property is located at 3630 20Th Ave Portland, OR.
    What are key features of this property?
    This property features: Direct landlord lease extension available.; Triple Net lease: $1,074.00 annually ($0.294/SF).; 750 square foot, two-story office space.
    Request Owner's contact information
    3630 20Th Ave Portland, OR 97232
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    Portland, OR 97232
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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
    3630 20Th Ave Portland, OR 97232
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