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239 SE Madison 221-239 SE Madison St 20,000 SF Industrial Building Portland, OR 97214 $2,925,000 ($146.25/SF)

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INVESTMENT HIGHLIGHTS

  • 2 Story Industrial Bldg, Total 20,000 sf, 10,000/floor Full Building Lease Only
  • 2 exterior team docks/1 grade ramp serving lower level/1 recessed dock
  • Freight Elevator 2000 lb Capacity
  • 875 sf of office
  • Fully Sprinklered Throughout
  • Ideal for manufacturing, distribution,dry or vehicle storage

EXECUTIVE SUMMARY

Available for sale asking $2,925,000
Ideal for owner user for warehousing & distribution needs, dry or vehicle storage
Prime SE Portland location.
Close proximity to downtown Portland, I-5 & Hwy 84.
Signage visibility from Hawthorne Bridge
Near Tri Met Bus & Bike Routes
Near lively food & beverage venues

PROPERTY FACTS

Price $2,925,000
Price Per SF $146.25
Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.23 AC
Rentable Building Area 20,000 SF
No. Stories 2
Year Built 1927
Tenancy Single
Clear Ceiling Height 11’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1
Cross Streets se 3rd ave
Opportunity Zone Yes
Zoning IG1 - General Industrial 1 (IG1) - for permitted uses see Oregon Employment and Industrial Zoning Chapter 33.140

AMENITIES

  • 24 Hour Access
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Lower Level
  • 10,000 SF
  • Industrial
  • Full Build-Out
  • Now

Two story industrial building for lease or sale Prime SE Portland location Total building 20,000 SF - 10,000 sf/floor - 875 SF Office Ideal for local small warehousing & distribution and vehicle or dry storage Freight elevator with 2,000 pound capacity 2 dock Hi / 1 Recessed dock/1 grade level ramp accessing basement level 11 ½' clear height main level & 10' clear height basement Fully sprinklered

  • 1st Floor
  • 10,000 SF
  • Industrial
  • Full Build-Out
  • Now

Two story industrial building for lease or sale Prime SE Portland location Total building 20,000 SF - 10,000 sf/floor - 875 SF Office Full Building Lease Only Ideal for local small warehousing & distribution and vehicle or dry storage Freight elevator with 2,000 pound capacity 2 dock Hi / 1 Recessed dock/1 grade level ramp accessing basement level 11 ½' clear height main level & 10' clear height basement Fully sprinklered

Space Size Space Use Condition Available
Lower Level 10,000 SF Industrial Full Build-Out Now
1st Floor 10,000 SF Industrial Full Build-Out Now

Lower Level

Size
10,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size
10,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

Lower Level

Size 10,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Two story industrial building for lease or sale Prime SE Portland location Total building 20,000 SF - 10,000 sf/floor - 875 SF Office Ideal for local small warehousing & distribution and vehicle or dry storage Freight elevator with 2,000 pound capacity 2 dock Hi / 1 Recessed dock/1 grade level ramp accessing basement level 11 ½' clear height main level & 10' clear height basement Fully sprinklered

1st Floor

Size 10,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Two story industrial building for lease or sale Prime SE Portland location Total building 20,000 SF - 10,000 sf/floor - 875 SF Office Full Building Lease Only Ideal for local small warehousing & distribution and vehicle or dry storage Freight elevator with 2,000 pound capacity 2 dock Hi / 1 Recessed dock/1 grade level ramp accessing basement level 11 ½' clear height main level & 10' clear height basement Fully sprinklered

Walk Score®
Very Walkable (78)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R149959
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$531,650
  • Listing ID: 34509194

  • Date on Market: 1/16/2025

  • Last Updated:

  • Address: 221-239 SE Madison St, Portland, OR 97214

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