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Executive Summary

Corner of SE 41st and Division. Cold shell ready for improvements. Suitable for storage and light production now and then you could develop the property when you are ready. Could make decent artists studios, for example.
This property has attracted A LOT of showings and interest due to location and character. It is however in rough condition and takes an ambitious and visionary buyer.
Seller is very experienced real estate investor and understands what it takes to make a deal.
The Richmond neighborhood is a classic Portland neighborhood with a lovely mix of new and historic commercial
and residential properties. Seller financing is available. Creative financing structures available to help accommodate
redevelopment.

Property Facts

Price $1,526,978 CAD
Price Per SF $347.04 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.14 AC
Rentable Building Area 4,400 SF
No. Stories 1
Year Built/Renovated 1916/2023
Tenancy Single
Zoning CM2 - Allows a variety of uses

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 4,400 SF
  • Flex
  • Shell Space
  • Now

Storage / Warehouse Space

Space Size Space Use Build-Out Available
1st Floor 4,400 SF Flex Shell Space Now

1st Floor

Size
4,400 SF
Space Use
Flex
Build-Out
Shell Space
Available
Now

1st Floor

Size 4,400 SF
Space Use Flex
Build-Out Shell Space
Available Now

Storage / Warehouse Space

Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
  • Listing ID: 31941029

  • Date on Market: 2024-05-28

  • Last Updated:

  • Address: 4040 SE Division St, Portland, OR 97202

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