61 Yamhill St Portland, OR 97214
- Warehouses
- 10,000 SF
- 0.23 lot acres
Current Use by Public Records
- Labyrinth Forge Brewing Company / Brewery
Property Details for 61 Yamhill St
- Year built
- 1935
- Lot size
- 0.23 lot acres
- Property size
- 10,000 SF
- Zone code
- IG1
- Property type
- Warehouses
- APN
- 1S1E03AA 05900
- APU
- 1S1E03AA05900
Description
This exceptional 10,000-square-foot Class A industrial building, located at 61 SE Yamhill St, Portland, OR 97214, presents a unique investment opportunity. Built in 1935 and extensively renovated in 2009, this single-story structure sits on a 10,000-square-foot lot and boasts 18-foot ceilings, two loading docks, and 500 amps of 3-phase power. The property is zoned IG1 and features a mix of usable space, including a former bar/tasting room (3,000 sq ft) with kitchen and seating for up to 100, and 7,000 sq ft of production/storage/distribution space. The building includes a small office and two bathrooms. The asking price is $3,000,000, translating to $300 per square foot. The land value is estimated at $299-$300 per square foot. Property taxes are $14,000 annually. The sale is an owner-user opportunity with a triple net (NNN) lease type. The property is conveniently located near Interstate 5, offering excellent visibility and accessibility. Potential incentives exist for businesses locating in this Urban Renewal area. Paid parking for up to 12 vehicles is available nearby, with ample on-street parking also available. Negotiable brewing equipment is included.
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
- 45.516
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
