5035 SE McLoughlin Blvd
Portland, OR 97202
Property For Lease

5035 SE McLoughlin Blvd is a fantastic opportunity for a user or investor looking for a well maintained retail, office, or flex-space with amazing visibility and a high traffic count (53,000+ cars) on the corner of a premier east-Portland intersection, McLoughlin Blvd. and SE 17th Ave. Built in 1938 and consisting 6,258 SF, this concrete building’s most recent renovation was completed in 2016, amounting to more than $300,00 in improvements, including the installation of two new roll-up exterior doors, skylights, three new bathrooms (two with showers), HVAC, and polished concrete flooring. The space is split between the main 5,000 SF warehouse which features an ideal storefront with a highly visible double-sided 58 Sq. Ft. digital color display sign (grandfathered in), and an additional 1,258 SF attached warehouse in the rear. The property also offers ±18 designated off-street parking spaces that can be accessed off of two streets. The lot’s CM2 (Commercial Mixed Use 2) zoning is one of Portland’s most flexible zones. An ideal long-term play for an investor of this site is a medium scale commercial or residential development. This property is centrally positioned in close-in SE Portland, on one of the city’s main north-south thoroughfares, SE McLoughlin Blvd (Hwy. 99). With six lanes in front of the subject property, McLoughlin is one of Portland’s most traveled non-freeway roads. This location in SE Portland is a Biker’s Paradise, with a Bike Score of 88, and is located just minutes from the SE 17th Ave & Holgate Blvd MAX Station, which serves the MAX Orange Line. Oaks Bottom Park and the Springwater Bike Corridor are only a block away, and the popular Sellwood, Brooklyn, and Woodstock neighborhoods are all just minutes away, offering easy access to charming restaurants and quaint shops.