503-227-2500
, Portland, OR for Sale
FOR SALE
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Four Industrial Building Opportunity
Portland, OR


HIGHLIGHTS

  • Four building Industrial Investment – 11,800 SF on .66 acres
  • Three buildings leased – Fourth Building (2,800 SF) is occupied by the seller who will vacate upon closing
  • Fourth building can be owner-occupied or leased for additional income
  • Proforma income: $136,005.95
  • Buildings have always been in demand to lease with minimal vacancy
  • Flexible zoning allows industrial, retail and vehicle repair

OVERVIEW

This four-building industrial property offers a unique opportunity as a pure investment or owner-user looking to occupy 2,800 SF of industrial space and benefit from rental income on the other two buildings. The buildings are clear span and very functional for many user types, offering grade level loading, 16’-18’ clear height and 3 phase power. The seller was an owner-occupant of 10928 NE Killingsworth Bldg. A and will vacate at closing. Portland Spray Works has been a long-term tenant and recently renewed the lease to $3,500.00 month. Seller elected to lease on a month-to-month to keep flexibility to the new buyer. We believe the tenant would sign a longer-term lease if requested by the buyer.

ASK ABOUT THIS PROPERTY

Brett BayneMacadam Forbes, Inc.More Info
503-227-2500

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Brett BayneMacadam Forbes, Inc.More Info
503-227-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.