Ground Lease Owner/User Investment Opportunity
Property Details
Price
$975,000
Building Size
12,740 SF
Property Details
Office Building
Year Built
1966
Description

Located in Portland's Central Eastside, this 12,740 SF industrial building situated on 18,227 SF of land offers users a unique opportunity to acquire a leasehold interest in a multi-tenant investment property. The building was renovated in 2013 and provides home to one thriving business that occupies 25% of the space. The balance of the space, totaling 9,543 SF, is available for lease or for occupancy by an owner/user. With retail exposure, abundant natural light and flexibility, the building offers a strong foundation for a wide array of creative or mixed-use ventures.

Highlights
High exposure Central Eastside location
12,740 SF creative industrial building situated on 18,227 SF land
Concrete-tilt construction, built in 1966, renovated in 2013
General Industrial, IG1 zoning
Located steps from TriMet’s FX-2 Division high-speed bus line and the Clinton St/SE 12th Ave MAX Orange Line Station
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Brokers

Rod Brokenshire
Broker
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