Contacts

Kevin VandenBrink

Macadam Forbes

(503) 972-7289

Property Details

Property Type Industrial - Flex - Industrial
Property Size 46,356 SF
Lot Size 0.92 Acre
Year Built 1960
Date Updated Apr 4, 2024
Electricity Service 2200 amps of 120/240, 3 phase, and another panel of 400 amps of 480 V
HVAC None

The subject property is located across the street from the Troy Laundry building which is undergoing a major renovation to become a boutique hotel. The north side of the Troy Laundry building will become a new six-story apartment building with 104 units and ground-floor retail. The property is in close proximity to I-5, I-84, and I-405. TriMet bus access, numerous restaurants, and service-based businesses are also close by.Rare opportunity to purchase or lease an approximately 46,356 SF building on a full block in close-in Southeast Portland. The property includes approximately 6,800 SF of 2nd-floor space and six grade doors: three doors on Oak Street, two doors on SE 10th Avenue, and one door on SE Pine Street. The property allows for a single user or can easily be demised down to multiple users. Under the IG1 zoning industrial, manufacturing, production, vehicle repair, wholesale sales, and self-storage are allowed uses. Retail and office uses are limited to 3,000 SF in area, while residential use is conditional.Rare opportunity to purchase an approximately 46,356 SF building on a full block in close-in Southeast Portland. The property includes approximately 6,800 SF of 2nd-floor space and six grade doors: three doors on Oak Street, two doors on SE 10th Avenue, and one door on SE Pine Street. The property allows for a single user or can easily be demised down to multiple users. Under the IG1 zoning industrial, manufacturing, production, vehicle repair, wholesale sales, and self-storage are allowed uses. Retail and office uses are limited to 3,000 SF in area, while residential use is conditional.

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Highlights

Convenient access to I-84, I-5, and I-405
Flexible building layout to allow for a variety of users
Sawtooth roof allows for natural light in the middle of the space
Multiple drive-in doors on three sides of the building
Open span areas for flexible use of space
Potential to restore additional loading positions
Potential to convert mezzanine to additional office

Getting around

97/100
Walk Score ®
66/100
Transit Score ®
96/100
Bike Score ®

Powered by Walk Score ®

City Portland, OR
Neighborhood Buckman
Zip Code 97214
Market Portland

Points of Interest

Southeast Grand & Stark

0.27 miles
Southeast Grand & East Burnside

0.30 miles
Southeast Martin Luther King & Stark

0.33 miles
Southeast Grand & Belmont

0.36 miles
Northeast Martin Luther King & East Burnside

0.37 miles
Southeast Martin Luther King & Morrison

0.40 miles
Southeast Grand & Taylor

0.46 miles
Southeast Martin Luther King & Taylor

0.51 miles
Northeast Grand & Hoyt

0.55 miles
Northeast Martin Luther King & Hoyt

0.57 miles

Pacific Pride

0.24 miles
Kwik-Gas

0.26 miles
Shell

0.33 miles
76

0.51 miles
Shell

0.61 miles
Blink

0.89 miles
Chevron

0.96 miles
Electric Avenue

1.00 miles
Shell

1.05 miles
76

1.07 miles

Washman

0.25 miles
Enterprise

0.27 miles
Hertz

0.93 miles
Enterprise

0.96 miles
Washman

0.98 miles
Avis

0.99 miles
Hertz

1.02 miles
Zipcar

1.04 miles
Dollar

1.10 miles
Zipcar

1.12 miles

Century Bar

0.05 miles
Ash Wood Fired Pizza

0.06 miles
Poblano Pepper

0.07 miles
Bar Casa Vale

0.09 miles
Biwa

0.10 miles
Danwei Canting

0.13 miles
Rue

0.13 miles
Brewery 26

0.14 miles
Michael's Italian Beef & Sausage Company

0.14 miles
Thai Champa

0.15 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

1011 SE Oak Street