1835 3rd Ave Portland, OR 97212-3935

Property Details for 1835 3rd Ave

Year built

1948

Lot size

0.08 lot acres

Property size

3,600 SF

Zone code

EXD

Property type

Warehouses

APN

1N1E27DD 05700

APU

1N1E27DD05700

Description

This ±40,000 square foot industrial warehouse, located in Portland's desirable Close-In SE submarket at 1835 SE 3rd Ave, offers a unique investment opportunity. The property features approximately 35,900 square feet of vacant space, spread across a two-story building constructed in 1948. The ground floor warehouse comprises roughly 31,700 square feet, boasting a 16.5-foot clear height, 24' center-only columns, wet sprinklers, and approximately 400 amp 3-phase power. Loading is facilitated by three double-wide dock-high doors and a grade-level loading ramp. The building also includes five loading docks and one drive-in door. The upper floor offers approximately 4,200 square feet of adaptable office space, ready for a build-to-suit design, and includes a restroom and storage. The property sits on a 0.47 FAR lot and includes 10 total parking spaces. Its location offers excellent access to public transportation (Tri-Met bus and streetcar), and is conveniently located approximately 0.6 miles from I-5 freeway access. The surrounding area provides numerous amenities, including restaurants, retail, and hotels. The property is zoned IG1 (General Industrial 1) within Multnomah County. This is an exceptional opportunity to acquire a well-located warehouse with significant potential in a thriving Portland submarket.