554 N Columbia Blvd | Portland, OR 97217
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- LoopNet Team
554 N Columbia Blvd
Portland, OR 97217
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- The Portland Industrial market continues to out-perform the nation with current vacancy rates at a low of 3.5% as of Q2 2019.
- Located in very close proximity to the two largest speculative industrial development projects projected for 2020, Bridgepoint I-5 and Portland Meadow
- Additional yard area available for trailer parking or other outdoor storage options.
- Building configuration with surplus land offer long term versatility and functionality for a wide variety of industrial users.
- Site is fully permitted and entitled for potential self-storage development
- opportunity to acquire a unique industrial asset in a highly desired submarket positioned well for long term appreciation.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Lot Size | 2.99 AC | Clear Ceiling Height | 35’ |
| Rentable Building Area | 68,070 SF | No. Dock-High Doors/Loading | 3 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 3 |
| Zoning | IH1, Portland | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.99 AC |
| Rentable Building Area | 68,070 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 10/1,000 SF |
| Clear Ceiling Height | 35’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | IH1, Portland |
AMENITIES
- Bus Line
- Fenced Lot
- Signage
ABOUT 554 N COLUMBIA BLVD , PORTLAND, OR 97217
Warehouse has 23-26’ clear height with both electrical and air distributed throughout the entire floor area. The warehouse is served by a sprinkler system. Lighting in the warehouse has been upgraded to T-5 and/or T-8 high efficiency fixtures. The flexible office build out currently includes a large training room, multiple break rooms, bathrooms, multi sized private offices and meeting rooms which can be utilized in a variety of ways
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $305,980 | Total Assessment | $3,013,690 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$305,980
Improvements Assessment
$0
Total Assessment
$3,013,690
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