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Property profile & analytics

307 SE Washington St Portland, OR 97214

  • Warehouses
  • 10,000 SF
  • 0.23 lot acres
For Sale
Last Sale
Jan 19, 2021
$225,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-0569578
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 307 SE Washington St

Year built
1922
Lot size
0.23 lot acres
Property size
10,000 SF
Zone code
IG1
Property type
Warehouses
APN
1S1E03AA 00300
APU
1S1E03AA00300

Description

This exceptional 18,000-square-foot warehouse, located at 307 SE Washington St in Portland, Oregon's desirable Central Eastside, presents a rare owner-user opportunity. Built in 1925, this two-story, Class C industrial building sits on a 10,000-square-foot lot and boasts two levels of 10,000 square feet each. The property features two recessed dock high doors and an additional team loading dock on SE 3rd, ensuring efficient loading and unloading. With a 14-foot ceiling height and ample power availability, this warehouse is well-suited for a variety of uses. The asking price is $2,200,000 ($122.22/sq ft). The property benefits from the highly desirable EX zoning, allowing for residential, retail, office, and light industrial uses. Its prime location, just off SE Grand and a block from the heart of the Central Eastside, places it within a thriving commercial area that has seen over $200 million in recent investment, including a new hotel and apartment complex. Occupancy is available November 1, 2023. This is an excellent opportunity for a company seeking a strategically located warehouse with significant upside potential for renovation and expansion.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Portland
County
Multnomah
State
Oregon
Longitude
-122.662
Latitude
45.5189
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,280
$0.00
$0.00
$501,140
-
$572,360
$1,229,030
$1,801,390
More about this property
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