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2304 N Killingsworth St 4,745 SF Industrial Building Portland, OR 97217 $1,700,000 ($358.27/SF)
Investment Highlights
- Large paved and fenced lot for parking/storage; good combination of shop/office/warehouse spaces; very accessible.
Executive Summary
The property is located in great accessible beautiful Overlook neighborhood. Interstate 5 is less than a mile away along with close proximity to light rail; Portland Community College North Portland campus and North America headquarters for Adidas. Zoning is Mixed Use CM2 Mixed so development potential for multifamily is excellent with allowable heights of 45'. Has grandfathered industrial uses.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$5,694
|
$1.20
|
| Operating Expenses |
$2,373
|
$0.50
|
| Total Expenses |
$8,067
|
$1.70
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $5,694 |
| Annual Per SF | $1.20 |
| Operating Expenses | |
|---|---|
| Annual | $2,373 |
| Annual Per SF | $0.50 |
| Total Expenses | |
|---|---|
| Annual | $8,067 |
| Annual Per SF | $1.70 |
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Reception
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Here is great flexible property that consists of 3 separate attached spaces. Building 1 consists of office/reception/shop/warehouse of 2188 sf. Building 2 has 1223 sf of shop/warehouse space; Building 3 has 1334 sf warehouse/shop. Land parcel size is 15,000 sf so the property has great vehicle parking (Up 20) or outside storage. Gated, fenced and paved lot. So this would be great option for all types of contractors (plumbing, electrical, HVAC etc.) or those companies needing shop/office and parking for service vehicles. The property is located in great accessible beautiful Overlook neighborhood. Interstate 5 is less than a mile away along with close proximity to light rail; Portland Community College North Portland campus and North America headquarters for Adidas. Zoning is Mixed Use CM2 Mixed so development potential for multifamily is excellent with allowable heights of 45'. Has grandfathered industrial uses. Asking $7000 per month NNN.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 4,745 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 4,745 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 4,745 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Here is great flexible property that consists of 3 separate attached spaces. Building 1 consists of office/reception/shop/warehouse of 2188 sf. Building 2 has 1223 sf of shop/warehouse space; Building 3 has 1334 sf warehouse/shop. Land parcel size is 15,000 sf so the property has great vehicle parking (Up 20) or outside storage. Gated, fenced and paved lot. So this would be great option for all types of contractors (plumbing, electrical, HVAC etc.) or those companies needing shop/office and parking for service vehicles. The property is located in great accessible beautiful Overlook neighborhood. Interstate 5 is less than a mile away along with close proximity to light rail; Portland Community College North Portland campus and North America headquarters for Adidas. Zoning is Mixed Use CM2 Mixed so development potential for multifamily is excellent with allowable heights of 45'. Has grandfathered industrial uses. Asking $7000 per month NNN.
Property Taxes
| Parcel Number | R284365 | Total Assessment | $152,130 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $5,694 ($1.20/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Presented by
2304 N Killingsworth St
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