840 Cleveland Ave Gresham, OR 97030
This exceptional industrial property in Gresham, Oregon, offers a flexible workspace ideal for various businesses. Located at 840 NE Cleveland Ave, 97030, this single-story building comprises three suites, with one vacant unit totaling 1,760 square feet immediately available. The maximum contiguous space available is 4,800 square feet. The property features a 16-foot ceiling height, perfect for accommodating taller equipment or racking systems. A significant advantage is the inclusion of one drive-in door, facilitating efficient loading and unloading. The building underwent renovations in 2023, ensuring modern and functional facilities. The property type is classified as Industrial, encompassing Warehouse, Flex, Manufacturing, Distribution, and R&D subtypes. Multiple tenancy is possible. A key feature is the 6,430 square foot secured and fenced yard at the rear, providing ample outdoor space for storage or operations. Tenants have access to a proportionate share of this yard. One available unit (Middle Unit #860) offers a 1,760 square foot layout, including an 800 square foot shop area with a bay door and a 960 square foot office space with a restroom. This property presents a rare opportunity to secure a well-maintained, versatile industrial space in a desirable Gresham location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.