The Central Eastside Industrial District is a 681-acre district encompassing property south of I-84 to Powell and the river to SE 12th. An emerging international hotspot for significant innovation, sustainable industries, and entrepreneurship, it is also one of the most unique districts in the country, offering manufacturing jobs in the city core while encouraging a diversity of other users.
Portland’s Central Eastside, once ruled by industry, has gone through a significant revitalization, as seen by the creative adaptation and reuse of the old industrial structures. It has become a hotspot for innovation and sustainable industries and is one of the most unique districts offering manufacturing jobs in the city core amongst the hottest eateries, breweries, retailers, and coffee roasters.
Within the Central Eastside micro-market of Portland’s core, the effects of COVID-19 have been felt more by the leasing market. Office vacancy rates have increased to 9.8%, compared to 5.8% in the prior period. The Industrial market has been on fire for nearly a decade now with many old industrial buildings having been converted to retail or creative office opportunities. As a result, sale prices have steadily increased. Currently, small industrial buildings in the Central Eastside are selling at an increase of about 7% from the prior period. Lack of new inventory, coupled with low interest rates and attractive lending options, have allowed sale prices to continue to grow.
With businesses returning to in-person employment, and restaurants and bars opening for regular hours of operation, the hustle and bustle of this micro-market is already seeing see an uptick in activity. There are excellent on-market opportunities for companies looking to locate in one of Portland’s most desirable and trendiest areas.
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Quality pre-cast concrete construction with Solex glass wall storefronts. The building is designed to enhance individual tenant identity. Off-street parking is available for tenants and customers. It also has covered dock and grade-level loading.
Most recently occupied by a non-profit hostel, the property was sold vacant. Ideal for a buyer looking to run a similar hospitality business, or a multi-family developer looking for a site along Hawthorne Boulevard.
Highly visible and easily accessible creative office building conveniently located minutes from downtown. IG1, General Industrial zoning allows office and retail uses up to 5,000 SF of creative, light industrial, and maker space.
Industrial warehouse office building with 2,400 SF of two-level office and 3,600 SF of fenced parking area. Located on SE 10th between Division and Caruthers with easy access to I-5 via Ross Island Bridge. Unique Ford District location surrounded by restaurants and service businesses.
Outstanding exposure, signage and curb appeal. Prime location at the base of the Morrison Street Bridge a block off SE Grand Avenue. The property is walking distance to shopping and restaurant amenities and the Portland Streetcar.
Fully leased fourplex with on-site parking and backyard space in a sought-after Eastside area. Many recent major improvements have been made to the building, including a new roof, new gutters, and new side windows.
Attractive architectural style with strong curb appeal and off-street parking for 16 vehicles. Building boasts a unique high-bay showroom and is well-maintained and adaptable to a variety of industrial or related uses.
Creative workspace in the Ford District of Portland's Central Eastside. The property features open spaces with high ceilings, and is well suited for light production, manufacturing, office, or retail.
Located on the south end of the central eastside industrial district, this multi-tenant flex building is surrounded by small and large industrial and creative users and is walking distance to restaurants, boutiques, breweries, and coffee shops located on lower Division Street.
Storefront creative space in the Ford Building of Portland's Central Eastside. With direct access from SE Division Street and to the building’s common areas, it is well suited for office or retail.
The zoned general industrial building is a great opportunity for an owner-occupier or investor looking for close-in industrial and creative industrial uses.
Current ownership completed an extensive renovation, including full seismic upgrade and building systems replacement that was accompanied by a zone change from IG1 to EXd, allowing for a full complement of office and retail uses.
10,000 SF Industrial space located on the second floor of this historic 1921 Industrial Building. Space has always been used as auto related uses and is served with a ramp to the second floor space.
10,000 SF open wood-truss creative industrial available for sale in Portland's Central Eastside. The building is within walking distance to major SE Corridors such as Belmont, Hawthorne, Grand, and MLK.
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