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4852 NE Martin Luther King Blvd
Portland, OR 97211
For Sale and For Lease in Close-In Portland · Flex Property For Sale

INVESTMENT HIGHLIGHTS

  • 2007’s expensive renovation built new spaces in 1997's concrete shell per industry code included structure, brand new utilities to site.
  • Property is 2 stories with spaces that meet today's trends for flexible usages: lobby, offices, big shop, kitchen, laundry, 7 bathrooms, warehouse.
  • Property has been Absolute NNN leased tenant with excellent maintenance record provided.
  • 2007 added a new zero-setback partition external wall, new front ramp, new glass entry, new exterior steel doors and windows, and all new utilities.
  • In 2017, a second renovation and upgrades were completed, brand new roof installed with new skylights in 2017.
  • County assessed real market value at $2,369,460 in 2018.

PROPERTY FACTS

Property Type
Flex
  • Industrial Distribution
  • OfficeLoft Creative Space
  • Industrial Service
Building Class B
Lot Size 0.47 AC
Rentable Building Area 9,794 SF
No. Stories 2
Year Built 2007
Parking Ratio 1.02/1,000 SF
Clear Ceiling Height 29’
No. Dock-High Doors/Loading 2
Zoning CM2 - Multiple uses: general industry, retail, restaurant, multi-family, office, medical...

AMENITIES

  • Bus Line
  • Fenced Lot
  • Front Loading
  • Mezzanine
  • Security System
  • Skylights
  • Recessed Lighting
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R145279
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,140,720
  • Listing ID: 19771246

  • Date on Market: 6/3/2020

  • Last Updated:

  • Address: 4852 NE Martin Luther King Blvd, Portland, OR 97211

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