646 N Thompson St Portland, OR 97227

5,500 SF 0.13 ac lot Built 1924

Trust Owned 13-yr Hold Free & Clear

Property ID

US71-0814955

$950,000 5,500 SF

646 N Thompson St, Portland, OR 97227
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This 5,500 square foot general commercial property, situated on a 0.13-acre lot at 646 N Thompson St in Portland, Oregon, presents a unique opportunity for small contractors and makers. Historically used as a manufacturing facility, the building's size and central Portland location offer significant potential. The property is currently occupied by a long-term tenant (over 20 years) who will vacate by March 1, 2025, allowing for immediate redevelopment or occupancy upon their departure. The listed price is $1,300,000. Please note that any income and expense figures associated with the property are approximate and should be independently verified. The property's existing configuration is suitable for a variety of uses, making it an attractive investment for those seeking a well-located, sizable space in a thriving urban environment. The ample square footage provides flexibility for customization and expansion, catering to the specific needs of a diverse range of businesses. Given the tenant's long history at the location, the property benefits from established infrastructure and potential for seamless transition. This is a rare opportunity to acquire a substantial commercial property in a desirable Portland neighborhood.