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4401 NE MLK Blvd 4401 NE Martin Luther King Jr Blvd

34,121 SF Industrial Building Portland, OR 97211 £4,690,321 (£137/SF)

Investment Highlights

  • High Visibility on MLK Blvd at over 58,000 VPD
  • Currently Consists of a 34,157 SF Industrial Warehouse with Office Space
  • CM3 Zoning Allows for a Broad Range of uses Including Retail, Office, and Residential
  • 1.54 AC Parcel in Portland's King District
  • 40+ Off-Street Parking Spaces
  • Will be Delivered Vacant Allowing for a Variety of Buyers Including Owner/User, Repurposing of the Existing Building or Ground Up Development

Executive Summary

Owner-User, Development, or Investment Opportunity.
Rare 1.54 AC Site Along NE MLK Blvd
--------------------
Reduced Sale Price: $5,975,000 ( Price reduced by $525,000!)
Lot Size: 67,082 SF / 1.54 AC
Building Size: 34,157 ($175 psf)
Building FAR: 3:1 Base, 5:1 Bonus

Attachments

4401_NE_MLK_OM

Property Facts

Price £4,690,321
Price Per SF £137
Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.30 AC
Rentable Building Area 34,121 SF
Number of Floors 1
Year Built 1947
Tenancy Single
Parking Ratio 0.94/1,000 SF
No. Dock-High Doors/Loading 1
Level Access Doors 2
Cross Streets Ne Garfield ave

Amenities

  • Bus Route
  • Fenced Lot
  • Signage
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (96)
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
R102833
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,009,946

zoning

Zoning Code EXD
EXD
  • Listing ID: 29358635

  • Date on Market: 24/08/2023

  • Last Updated:

  • Address: 4401 NE Martin Luther King Jr Blvd, Portland, OR 97211

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