
525 SE Oak
Excellent redevelopment site. 3500 sf industrial building with yard/storage. Best location in the CE
Marketing description
Here is one of the best development sites in the close in eastside. This quarter block sits right off SE Grand at Oak and SE 6th and with EX zoning and great heights and FAR the potential here is damn good! Plus there is a good very functional 3500 sf small hard to find industrial building with 3 Phase power; grade door and yard/parking/storage on either side of the building so great place for woodshop; light manufacturing; etc. while having a great site for mid-long term development potential. Adjacent Andy and Bax building with frontage on SE Grand is also for sale to allow a buyer to control close to 3/4 of one of the best blocks in the close in eastside
Also adjacent Andy and Bax property for sale for combo to control most of the block and Seller can work with buyer to put in place seller financing better than any bank of financing source if you could even get it right now to get to a deal.
The property is going out unpriced so Tell us what you need and what you want to offer…we will work with you to try to figure it out.
Investment highlights
The Central Eastside is one of the fastest growing and most robust and diverse neighborhoods in the city. Over $1.5 billion in new investment has occurred in the Central Eastside over the last decade with more to come. This has resulted in over 1 million square feet of new creative and Class A office space; 4500 new apartments plus the Central Eastside has added over 5000 new jobs and 100 new businesses in the same timeframe far surpassing projections. This site allows a investor or user to have one of best and most strategically locations in this vibrant neighborhood. The building is very functional with a large grade door; 3 Phase Power; with storage and yard adjacent on both sides of the building so a user can utilize a good hard to find small core building while covering investment with excellent future development potential. Owner is also able to provide some very attractive short to mid term financing to get this deal done!
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