Property summary
This exceptional 26,800-square-foot freestanding industrial warehouse, situated on a spacious 49,222-square-foot lot in Portland, Oregon (97218), presents a compelling investment opportunity. Ideally located minutes from I-5 and I-205, this property offers unparalleled accessibility. The building boasts a 12'5" ceiling height, one dock-high door, and two grade-level doors, facilitating efficient loading and unloading. The warehouse is equipped with an impressive power supply, featuring 480V with 800 amps and 208V with 1200 amps. Climate control is ensured by 29 high-efficiency HVAC units. The roof is a newer Firestone TPO roof with 4" of R24 insulation, providing superior energy efficiency. The fully fenced property includes two convenient storage yard areas. The building's design allows for easy division into two suites or continued use as a single unit. Currently used as a hemp/marijuana grow facility, the property includes optional purchase of existing equipment, including TrolMaster grow controllers, custom rolling rack systems, Open Sprinkler Irrigation controllers, and a facility-wide ControlI4 automation system (a complete list is available upon request). This property offers significant potential for a variety of industrial uses. The asking price is $3,500,000.
Property profile
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Current use
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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