55 Main St Portland, OR 97214
- Warehouses
- 4,560 SF
- 0.23 lot acres
Current Use by Public Records
- RMH Construction / Home Builder
Property Details for 55 Main St
- Year built
- 1939
- Lot size
- 0.23 lot acres
- Property size
- 4,560 SF
- Zone code
- IG1
- Property type
- Warehouses
- APN
- 1S1E03AD 03400
- APU
- 1S1E03AD03400
Description
This exceptional 5,700 square foot warehouse, built in 1939, boasts a prime location in the burgeoning Central Eastside Industrial District, just minutes from downtown. Situated on the corner of SE Main Street and Water Avenue, this single-tenant property offers unparalleled visibility and accessibility. The main level features a spacious retail showroom with abundant windows, ideal for showcasing products or services. A 1,500 square foot warehouse area, complete with 18-foot ceilings, a small office, and three grade-level roll-up doors with drive-thru capability, provides ample space for storage, production, or distribution. Upstairs, a 1,000 square foot second floor offers multiple offices and meeting rooms, enhancing functionality and versatility. Two restrooms are conveniently located within the building. The property includes a substantial 5,440 square foot fenced and gated private parking lot/yard, providing ample space for vehicles and equipment, with curb cuts on two streets for easy access. Enhanced security features include razor wire at both gated entrances. The property's 200 amp, 120-180 volt, 3-phase power supply ensures sufficient electrical capacity. Zoned IG1, this versatile space is suitable for a wide range of businesses, including contractors, retailers, furniture and home stores, building supply stores, coffee roasters, craftsmen, breweries, restaurants, or fitness centers. Recent updates include fresh exterior paint and a renovated showroom floor. This property offers a unique blend of retail and industrial space, making it an exceptional investment opportunity. Convenient access to I-5, public transportation, and numerous amenities further enhances its appeal.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.666
- Latitude
- 45.5139
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
