Vacant-User
Multnomah Street
2506 NE Multnomah St, Portland, OR 97232
Listing Price: $2,500,000
Investment Overview
2506 NE Multnomah Street presents a rare opportunity to acquire a substantial 56,175± SF warehouse on a centrally located site within Portland’s Lloyd District at a compelling value. Originally constructed in 1910, the two-story industrial building is in dilapidated condition and requires significant renovation or repositioning. Despite its current state, the property’s scale, location, and underlying zoning create strong redevelopment potential. With roughly half of the site zoned residential, investors can explore future rezoning or mixed-use concepts in one of Portland’s most rapidly evolving urban corridors. The asset’s low basis and infill location offer a unique opportunity for investors, developers, or creative owner-users to capitalize on a value-add play in the heart of the city.
Multnomah Street
Investment Highlights
- Prime Central Location – Situated near the I-84 corridor with quick access to Downtown Portland, the airport, and major freeways.
- Functional Industrial Layout – Open warehouse design with high ceilings, roll-up access, and flexible workspace suitable for multiple uses.
- Large Urban Warehouse – 56,175± SF across two levels provides significant scale for industrial, creative, or redevelopment use.
Exclusively Listed By
Financing By
Listing Price: $2,500,000
Investment Highlights
- Prime Central Location – Situated near the I-84 corridor with quick access to Downtown Portland, the airport, and major freeways.
- Functional Industrial Layout – Open warehouse design with high ceilings, roll-up access, and flexible workspace suitable for multiple uses.
- Large Urban Warehouse – 56,175± SF across two levels provides significant scale for industrial, creative, or redevelopment use.
Investment Overview
2506 NE Multnomah Street presents a rare opportunity to acquire a substantial 56,175± SF warehouse on a centrally located site within Portland’s Lloyd District at a compelling value. Originally constructed in 1910, the two-story industrial building is in dilapidated condition and requires significant renovation or repositioning. Despite its current state, the property’s scale, location, and underlying zoning create strong redevelopment potential. With roughly half of the site zoned residential, investors can explore future rezoning or mixed-use concepts in one of Portland’s most rapidly evolving urban corridors. The asset’s low basis and infill location offer a unique opportunity for investors, developers, or creative owner-users to capitalize on a value-add play in the heart of the city.
Exclusively Listed By
Financing By
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