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2506 NE Multnomah St
Portland, OR 97232
Industrial Property For Sale

Investment Highlights

  • 65,065 SF of warehouse
  • Immediate access to I-84 and proximity to Lloyd District
  • 2 lots totaling 3.29 acres in heart of inner NE Portland

Executive Summary

*A rare opportunity to acquire a substantial industrial warehouse asset on two contiguous lots totaling 3.29 acres in the heart of inner Northeast Portland.
*The property encompasses 65,060 square feet of warehouse and industrial space within a historic structure, offering the raw scale and bones that value-add investors and owner-users seek in today's supply-constrained Portland industrial market.
*Positioned in Sullivan's Gulch, the site benefits from immediate access to I-84 and proximity to the Lloyd District, placing it minutes from downtown Portland with excellent regional distribution connectivity.
*With a Walk Score of 83 and Transit Score of 68, the location supports a broad range of employees and operational uses.
*The dual-lot configuration carries split zoning of IG2 (General Industrial) and R2.5 (medium-density residential), a combination that supports continued industrial operations today while preserving long-term redevelopment or mixed-use optionality for future ownership.
*The IG2-zoned parcel accommodates heavy industrial, warehousing, manufacturing, flex, and distribution uses, while the R2.5 parcel opens the door to residential development potential in one of Portland's most walkable inner-east neighborhoods.
*PLEASE EMAIL ADMIN@BRADLEYKINGCRE.com to request additional Buyer information.
*Call Ethan at 503-791-1986 or Bradley at 503-313-8262 for any questions you may have.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.29 AC
Rentable Building Area 65,060 SF
No. Stories 2
Year Built 1910
Tenancy Single
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning IG2/R2.5 - General Industrial/Residential

Utilities

  • Lighting
  • Water

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R316802
  • R316853
Land Assessment
$165,082 CAD
Improvements Assessment
$0 CAD
Total Assessment
$406,256 CAD
  • Listing ID: 40637208

  • Date on Market: 2026-05-22

  • Last Updated:

  • Address: 2506 NE Multnomah St, Portland, OR 97232

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