81 NE Columbia Blvd 15,778 SF Industrial Building Portland, OR 97211 $3,055,600 ($193.66/SF)

81 NE Columbia Blvd is a versatile industrial property with 16,000 SF of warehouse, office, and retail space. The building includes two dock delivery doors accessed through the yard, two grade doors, one into the retail space on the south side and the other to the outbuilding in the yard, two bathrooms, a full kitchen, several open flex spaces, a variety of storage rooms, and office space. Additionally, nearly the entire main building is conditioned.
The property includes a secured and paved yard on the north end of the building with ingress/egress gates to the west and east sides. The fenced yard is roughly 15,000 SF with an additional 2,000+ SF of adjacent land on the northeast side of the property. The property carries approved retail and wholesale licenses for cannabis; the licenses can be transferred to the new owner/lessee, or a buyer can transfer or sell the licenses to other properties.
The property is on Columbia Boulevard near Airport Way in the Columbia Corridor, Portland's largest industrial area. It is conveniently located near the Portland International Airport and the Oregon-Washington Interstate Bridge/I-5 and 10-15 minutes from downtown Portland.
Significant industrial users in the area include Amazon, FedEx, USPS, UPS, Ikea, Target, Cummins, Kehe Distributors, United Salad Co, Daimler Trucks, Georgia Pacific, and Johnstone Supply.