NEW! Buy and sell safely with virtual options - Learn More
About the Listing KWPP01 - KINGJOSE,ETHANSUK
A rare opportunity to acquire a substantial industrial warehouse asset on two contiguous lots totaling 3.29 acres in the heart of inner Northeast Portland. The property encompasses 65,060 square feet of warehouse and industrial space within a historic structure, offering the raw scale and bones that value-add investors and owner-users seek in today's supply-constrained Portland industrial market. Positioned in Sullivan's Gulch, the site benefits from immediate access to I-84 and proximity to the Lloyd District, placing it minutes from downtown Portland with excellent regional distribution connectivity. With a Walk Score of 83 and Transit Score of 68, the location supports a broad range of employees and operational uses. The dual-lot configuration carries split zoning of IG2 (General Industrial) and R2.5 (medium-density residential), a combination that supports continued industrial operations today while preserving long-term redevelopment or mixed-use optionality for future ownership. The IG2-zoned parcel accommodates heavy industrial, warehousing, manufacturing, flex, and distribution uses, while the R2.5 parcel opens the door to residential development potential in one of Portland's most walkable inner-east neighborhoods. All information not guaranteed, Buyer to verify. Building sold AS-IS with no guarantees or warranties.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Commercial Sale
MLS ®
518909959
Year Built
1910
Total Square Footage
65,060
Lot/Acreage
3.29
County
Multnomah
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Zoning: IG2
- Roof: Built-Up
- Others:
- Sewer: Other
- Parking Features: On Site
Financial Details
- Tax Amount: $4,716
- Taxes w/Assessments: N/A
- Tax/Property ID: R316802
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2506 NE Multnomah St Portland, OR 97232
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
