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.
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LAST UPDATED
|
5/22/2026
|
YEAR BUILT
|
1910
|
|
COMMUNITY
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_142
|
COUNTY
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Multnomah
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STATUS
|
Active
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PROPERTY TYPE(S)
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Commercial
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| AIR |
None |
| AREA |
_142 |
| CONSTRUCTION |
Frame |
| HEAT |
None |
| LOT |
3.29 acre(s) |
| PARKING |
On Site |
| SEWER |
Other |
| STORIES |
2 |
| TAXES |
4715.89 |
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Listing provided by Keller Williams Realty Portland Premiere, 503-313-8262
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