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Kennedy Industrial 323 SE 7th Ave 14,618 SF Industrial Building Portland, OR 97214 $2,845,000 ($194.62/SF)
Investment Highlights
- Owner-User or Investor Opportunity
- Strategically Located
- Attractive Basis Below Replacement
- Functional Building Layout
- Significant Nearby Developments
- Secured Yard Storage
Executive Summary
Marcus & Millichap is pleased to present the exclusive sale offering of the Kennedy Building, a ±14,618-square-foot industrial warehouse located on Portland’s eastside, just across the Willamette River from the Central Business District. Situated in a core infill location with convenient access to both the Morrison and Burnside Bridges, the property offers on-site parking, a securely fenced storage yard, and dual loading bays ideal for a wide range of industrial users. With immediate occupancy available, the Kennedy Building presents a rare opportunity for owner-users seeking a functional facility in a highly accessible submarket. For more information, please visit: https://www.marcusmillichap.com/properties/187686/deal-room/1dc2ed0a08dd0f3e
Property Facts
| Price | $2,845,000 | No. Stories | 1 |
| Price Per SF | $194.62 | Year Built | 1957 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.23/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.46 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 14,618 SF | ||
| Zoning | IG1 | ||
| Price | $2,845,000 |
| Price Per SF | $194.62 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.46 AC |
| Rentable Building Area | 14,618 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Tenancy | Single |
| Parking Ratio | 1.23/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | IG1 |
Amenities
- Bus Line
- Fenced Lot
- Signage
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (72)
Bike Score®
Biker's Paradise (95)
Property Taxes
| Parcel Number | R150249 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $838,330 |
Property Taxes
Parcel Number
R150249
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$838,330
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Kennedy Industrial | 323 SE 7th Ave
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