Listed by Macadam Forbes
$3,950,000
Nicky Distribution Building
Details
Property Type Office
Sub Type Executive Office, Office Building
Square Footage 23,588
Tenancy Single
Year Built 1936
Year Renovated 2022
Lot Size (SqFt) 14,558
Zoning IG1
Investment Type Owner/User
Ceiling Height 12 - 19 ft
Dock High Doors 3
Owner/ User Opportunity
Marketing description
A premier investment opportunity in Portland, this 23,588 SF former headquarters/distribution building offers flexible IG1 zoning and a prime close-in location. Ideal for an owner/user seeking a signature corporate headquarters or an investor targeting long-term value in a strong urban market.
Close-in SE is a vibrant urban hub with dining, entertainment, and cultural attractions. Its convenient location near iconic landmarks and strong transportation links, combined with a thriving business community, makes it a valuable investment opportunity that balances work and leisure.
Investment highlights
- Built in 1936, with historic significance
- Cooler/power upgrades in 2022
- Architecture conducive to adaptive re-use
- Versatile IG1 zoning
- Located in the thriving Close-in SE Portland area
- 3 recessed dock doors and 1 grade door
- Clear height 1st floor: 14'4"
- Clear height 2nd floor: 11'9" to 19'4"
- Freight elevator with 7,000lb capacity
- Property Taxes: $21,344.69
Listing Contacts
Listed by Macadam Forbes
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