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32879778
32879779

2506 NE MULTNOMAH ST, PORTLAND, OR 97232-2128

BK
OR 201235429, WA 22021738
KW Commercial Portland Premiere
Listed by KW Commercial Portland Premiere
$1,990,000
12 days on market
Updated 2 days ago

2506 NE Multnomah St

Details
APN R316802
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 65,060
Class C
Year Built 1910
Buildings 1
Stories 2
Acreage 3.290
Zoning IG2/R2.5
Ground Lease No
Loading Docks 2

65,060 SF warehouse on 3.29 acres!

Marketing description

*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.

*PLEASE EMAIL [email protected] to request additional Buyer information.

*Call Ethan at 503-791-1986 or Bradley at 503-313-8262 for any questions you may have.

Investment highlights

*Immediate access to I-84 and proximity to Lloyd District - minutes from downtown Portland

*Dual-lot configuration with split zoning of IG2 and R2.5

Listing Contacts

BK
OR 201235429, WA 22021738
KW Commercial Portland Premiere
Listed by KW Commercial Portland Premiere

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