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7024 N Richards St 6,156 SF Industrial Building Portland, OR 97203 $1,695,000 ($275.34/SF)
Investment Highlights
- Modern 2018 construction with new wood frame and functional design.
- Full-service kitchen, mezzanine offices, and showers in all restrooms.
- 15 striped parking stalls with room for expansion.
- Located on 0.82 acres in North Portland’s St. John’s neighborhood.
- One grade-level door and one dock-high door for efficient loading.
- Easy access to I-5 and Portland International Airport.
Executive Summary
Offered at $1,695,000, this modern industrial warehouse presents a unique owner-user or investment opportunity in Portland’s St. John’s neighborhood. Built in 2018, the 6,627 SF facility sits on a combined 0.82 acres, providing both a functional building and valuable yard space for future adaptability. The interior offers high ceilings, abundant natural light, and a flexible layout ideal for fitness, creative, or light industrial uses. Features include a full-service kitchen, co-working office space, mezzanine, and showers in all restrooms, creating an adaptable and multi-use environment. Efficient loading is supported by one grade-level door and one dock-high door, while the site provides 15 striped parking spaces with capacity for more. Conveniently located just 3.5 miles from I-5 and approximately 9 miles from PDX International Airport, the property ensures strong regional connectivity while benefiting from the local amenities and workforce of North Portland.
Property Facts
| Price | $1,695,000 | Rentable Building Area | 6,156 SF |
| Price Per SF | $275.34 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.32/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.17 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | IG2 | ||
| Price | $1,695,000 |
| Price Per SF | $275.34 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.17 AC |
| Rentable Building Area | 6,156 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 0.32/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | IG2 |
Amenities
- Skylights
- Yard
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $65,650 | Total Assessment | $976,930 |
Property Taxes
Parcel Numbers
Land Assessment
$65,650
Improvements Assessment
$0
Total Assessment
$976,930
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7024 N Richards St
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