1163 63rd Ave Portland, OR 97213-4901
This exceptional 18,800-square-foot industrial property, located at 1163 NE 63rd Ave in Portland, Oregon, presents a significant opportunity for businesses seeking manufacturing or distribution space. The single-tenant building sits on a 0.75-acre lot and boasts 18-foot ceilings, providing ample vertical space for operations. The property includes 2,500 square feet of office space, ideal for administrative functions. Power is supplied by a robust 400-amp, 3-phase system, ensuring sufficient capacity for demanding operations. The property features fenced and paved parking, offering convenient and secure vehicle access. Its strategic location in the Gateway submarket of Northeast Portland provides excellent interstate exposure and easy access to major transportation arteries, including I-84, I-205, and I-5, facilitating efficient logistics and distribution. Built in 1957, the Class B building is zoned EG2 and has an APN of R227381 within Multnomah County. The property is currently vacant and available for occupancy beginning July 1st, 2025. This is a rare opportunity to acquire a well-located, functional industrial space in a thriving Portland submarket.
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BDI-Bearing Distributors Inc. Distribution Center Logistics Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
EG2 · Portland, ORPortland. Always verify with local authorities before improvements.
Costs & Benchmarks
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.