2323 Williams Ave Portland, OR 97227

Property Details for 2323 Williams Ave

Year built

1968

Lot size

0.17 lot acres

Property size

3,600 SF

Zone code

RHD

Property type

Auto shops

APN

1N1E27DB 00500

APU

1N1E27DB00500

Description

This exceptional 3,400-square-foot Class A warehouse, built in 1968, is situated on a 7,400-square-foot lot at 2323 N Williams Ave, Portland, OR 97227. Boasting a desirable CM3 zoning, this property offers significant redevelopment potential, particularly for multi-family, office, or commercial uses. The building itself features 2,400 square feet of warehouse space and 1,000 square feet of climate-controlled office space divided into three private offices and a reception area. Two large grade-level loading docks provide convenient access, complemented by parking for up to ten vehicles. The 14-foot ceiling height maximizes storage and operational efficiency. This prime location at the south end of the vibrant N Williams Avenue corridor places the property within easy reach of Interstate 5, the Moda Center, New Seasons Market, Emanuel Hospital, and a thriving mix of restaurants and bars. The building is currently in excellent condition and is ideal for a variety of uses, including manufacturing, distribution, or conversion to higher-use applications such as healthcare facilities or retail spaces. The owner is offering attractive seller financing options, providing a streamlined and cost-effective acquisition process. Alternatively, a lease with an option to purchase may be considered. The asking price is $1,300,000 ($382.35/sq ft), with an occupancy date of May 1, 2024.