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    1601 Savier St Portland, OR 97209

    Sponsored
    For Lease
    $11 SF/Yr ($8,470 /Mo)

    Class A Portland warehouse, office space available.

    Lot size:
    8,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,800-square-foot commercial property, located at 1601 NW Savier St in Portland, Oregon's Multnomah County (zip code 97209), presents a unique opportunity for a single tenant. The property boasts a versatile design, encompassing both executive office and warehouse/distribution space, making it ideal for a variety of businesses. Classified as Class A, this building offers high-quality finishes and amenities. The warehouse component features impressive ceiling heights ranging from 16 to 18 feet, providing ample vertical space for storage or specialized equipment. Two convenient drive-in bays ensure efficient loading and unloading operations. The entire 8,800 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs. The property's location in Portland offers excellent access to major transportation routes, facilitating seamless logistics and distribution. This single-tenant occupancy property is ready for immediate possession. The property type is officially classified as Office and Industrial.

    Property Features for 1601 Savier St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,800 SF
    Class
    A
    Total Rate
    8470

    Unit(s) available at that property

    Space
    Space 1601
    Size
    8,800 SF
    Rate per SF
    $11

    HighLights

    • 8,800 SF warehouse space
    • Two grade‑level loading docks
    • 16‑18 foot clear height
    • Partial climate control
    • Skylights
    • Excellent condition
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -122.6879704
    Latitude
    45.5353153

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    FAQs

    What type of property is this?
    Distribution property - Class A Portland warehouse, office space available.
    Where is this distribution property located?
    The property is located at 1601 Savier St Portland, OR.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 8,800 SF warehouse space; Two grade-level loading docks; 16-18 foot clear height
    Request Owner's contact information
    1601 Savier St Portland, OR 97209
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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
    1601 Savier St Portland, OR 97209
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