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2451 NW 28th Ave 33,906 SF Flex Building Portland, OR 97210 $4,600,000 ($135.67/SF)
Investment Highlights
- Reduced sale price of $4,600,000 creates an attractive acquisition opportunity.
- Recent building renovations enhance functionality and appearance.
- Multi-tenant configuration offers flexibility for users or investors.
- Centrally located near HWY 30, I-405, and downtown Portland with excellent accessibility.
Executive Summary
Significant Recent Price Reduction – Now $4,600,000 (was $5,595,000)
2451 NW 28th Ave offers a rare opportunity to acquire a stand-alone flex/industrial property in Portland's highly desirable Northwest industrial district. The building combines warehouse, office, and assembly areas with Heavy Industrial (IH) zoning that supports a broad range of industrial and commercial uses.
The property's central location provides convenient access to Highway 30, I-405, NW St. Helens Road, downtown Portland, and nearby business districts. Recent improvements include updates to interior and exterior finishes, office areas, warehouse lighting, heating systems, and other building components.
A significant pricing adjustment has enhanced the investment opportunity, with the sale price reduced to $4.6 million, representing a $995,000 reduction from the original asking price. Combined with its flexible configuration, loading capabilities, and established Northwest Portland location, the property offers an attractive opportunity for owner-users and investors seeking a well-positioned industrial asset.
2451 NW 28th Ave offers a rare opportunity to acquire a stand-alone flex/industrial property in Portland's highly desirable Northwest industrial district. The building combines warehouse, office, and assembly areas with Heavy Industrial (IH) zoning that supports a broad range of industrial and commercial uses.
The property's central location provides convenient access to Highway 30, I-405, NW St. Helens Road, downtown Portland, and nearby business districts. Recent improvements include updates to interior and exterior finishes, office areas, warehouse lighting, heating systems, and other building components.
A significant pricing adjustment has enhanced the investment opportunity, with the sale price reduced to $4.6 million, representing a $995,000 reduction from the original asking price. Combined with its flexible configuration, loading capabilities, and established Northwest Portland location, the property offers an attractive opportunity for owner-users and investors seeking a well-positioned industrial asset.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Versatile first-floor space tailored for assembly, storage, and distribution, featuring two dock-high doors, grade-level access, and an updated build-out ready for operations.
Open-plan second-floor office with multiple private offices, conference rooms, and updated finishes, offering a professional work environment for administrative teams.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 22,614 SF | Flex | Full Build-Out | Now |
| 2nd Floor | 11,292 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 22,614 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 11,292 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 22,614 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Versatile first-floor space tailored for assembly, storage, and distribution, featuring two dock-high doors, grade-level access, and an updated build-out ready for operations.
2nd Floor
| Size | 11,292 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Open-plan second-floor office with multiple private offices, conference rooms, and updated finishes, offering a professional work environment for administrative teams.
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R266227 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $937,530 |
Property Taxes
Parcel Number
R266227
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$937,530
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
