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1625 Washington St 38,200 SF 100% Leased Flex Building Oregon City, OR 97045 $4,200,000 ($109.95/SF)

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INVESTMENT HIGHLIGHTS

Excellent access to I-205 and Hwy 213 in fastest growing region in the area.
Trimet Bus Lines 79 and 154 both pass the subject property on Washington St. The site is a third of a mile from the Oregon City Transit Center.

Located in the Opportunity zone and vertical tax incentives. Great for an owner/user, investment or redevelopment opportunity

EXECUTIVE SUMMARY

This 35,000+ SF building is perfectly positioned at the north end of Oregon City’s historic downtown—a vibrant area experiencing significant redevelopment and growth. The property features a dynamic mix of retail storefronts, warehouse space, and office areas, making it ideal for a variety of uses. Each tenant is on a lease expiring at the end of the year and would like to renew on a longer lease. L& C Trucks is owned by the Seller and is requesting to stay on a long term lease, however the building is technically available for an owner/user as early as January 2026. Please do not disturb the tenants or tour the building without appointment with the broker. The Tenants are not aware of the sale.
The property extends through to 16th Street and includes a 2,000 SF accessory building, yard space, and ample parking—a rare combination in a downtown setting.
Sale Highlights:
The property's layout and design can accommodate a variety of flex and industrial oriented uses. The flex units feature drive-in door access with the warehouse space having clear heights ranging from 16' to 30'.
OFFERING SUMMARY:
• PRICE: $4,200,000
• BUILDING SF: 37,534
• LOT SIZE: 64,928 Sq ft.
• DOCK DOORS: None
• TRAFFIC COUNT: 10,500 Vehicles / Day
• YARD & PARKING: 17,000 Sq Ft.
• PRICE / SF: $111.90
• PRICE / LAND SF: $64.69
• GRADE DOORS: 2'
• YEAR BUILT: 1930 with ongoing renovations over the years. Currently adding in more bathrooms to the property.

Washington Street Flyer - Updated 6-24-25

PROPERTY FACTS

Price	$4,200,000	Rentable Building Area	38,200 SF
Price Per SF	$109.95	No. Stories	2
Sale Type	Investment or Owner User	Year Built/Renovated	1930/2025
Property Type	Flex Flex Showroom General Retail Storefront Retail/Office Industrial Warehouse	Parking Ratio	0.52/1,000 SF
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	1.42 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MUD-Mixed Use Downtown - A mix of high density residential, office &retail uses are encouraged, with retail and service on the ground floor & office/res. on upper floor.

Price	$4,200,000
Price Per SF	$109.95
Sale Type	Investment or Owner User
Property Type	Flex Flex Showroom General Retail Storefront Retail/Office Industrial Warehouse
Building Class	C
Lot Size	1.42 AC
Rentable Building Area	38,200 SF
No. Stories	2
Year Built/Renovated	1930/2025
Parking Ratio	0.52/1,000 SF
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MUD-Mixed Use Downtown - A mix of high density residential, office &retail uses are encouraged, with retail and service on the ground floor & office/res. on upper floor.