2502-2520 Multnomah Blvd Portland, OR 97219
This exceptional 5,000 square foot industrial manufacturing building, situated on a 0.23-acre lot in Portland, Oregon's desirable Multnomah County (zip code 97219), presents a compelling investment opportunity. Located at 2502-2520 SW Multnomah Boulevard, this property boasts a prime location on a busy thoroughfare, making it ideal for various uses including service, manufacturing, and distribution. Built in 1949, the building is zoned CE (Commercial Employment), offering flexibility for a range of businesses. The asking price is $1,250,000, translating to $250 per square foot. This represents a strong value proposition in the current market, particularly given the property's strategic location and potential for long-term growth. The property's size and zoning make it suitable for owner-user occupancy or as a lucrative investment generating a reliable income stream. This sought-after industrial property offers exceptional potential for future appreciation and is an excellent addition to any investment portfolio. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.