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2323 N Williams Ave

3,400 SF Industrial Building Portland, OR 97227 £1,027,013 (£302/SF)

Investment Highlights

  • Smaller flexible property great for all sorts of small businesses
  • Flexible owner that provide seller financing; lease option and more
  • Great neighborhood of North Williams just blocks from freeways, Moda Center.

Executive Summary

Excellent mostly owner user building in one of the best commercial corridors in Portland on North Williams Avenue. These smaller well maintained buildings are rare especially in such great close in neighborhoods.
Long home to one of the best custom bike manufacturers in Portland, Breadwinner Cycles. This building is now available for sale or lease. It consists of 2400 sf of warehouse light production area; 1000 sf HVAC offices. 3 Phase Power; 2 Large grade doors; 12' ceilings; parking for up to 12 vehicles. The great thing is the property is zoned CM3 which is a great mixed use zoning allowing for apartments; retail and more. So mid to long term redeelopment potential in high. Owner more than willing to provide very competitive owner financing for good buyer. Lease option available too so lots of options.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,027,013
Price Per SF £302
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Showroom
  • Industrial Service
Building Class B
Lot Size 0.17 AC
Rentable Building Area 3,400 SF
Number of Floors 1
Year Built 1968
Parking Ratio 3.53/1,000 SF
Clear Ceiling Height 12 ft
Level Access Doors 2
Opportunity Zone Yes

Amenities

  • Bus Route
  • Fenced Lot
  • Public Transport

Utilities

  • Water - City
  • Sewer - City
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R102517
Land Assessment
£0 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£158,318 (2023)
Annual Taxes
-£3,400 (-£1.00/sf)
Tax Year
2024

zoning

Zoning Code RH, Portland (The property is zoned CM3 which allows mixed used development mainly centered around apartments with retail.)
RH, Portland (The property is zoned CM3 which allows mixed used development mainly centered around apartments with retail.)
  • Listing ID: 31997111

  • Date on Market: 02/06/2024

  • Last Updated:

  • Address: 2323 N Williams Ave, Portland, OR 97227

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