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PRICE $1,990,000 dsIDX morgage calculator
SIZE 65,060 sqft
LOT SIZE 3.29 ac

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.

LAST UPDATED 5/22/2026 YEAR BUILT 1910
COMMUNITY _142 COUNTY Multnomah
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR None
AREA _142
CONSTRUCTION Frame
HEAT None
LOT 3.29 acre(s)
PARKING On Site
SEWER Other
STORIES 2
TAXES 4715.89
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 2506 NE MULTNOMAH ST
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Listing provided by Keller Williams Realty Portland Premiere, 503-313-8262
All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 5/22/26 1:47 PM PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. All real estate listings are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers.

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