SOLD
3821 N Columbia, Portland, Or
Large Industrial Site / Complex
This Rare 32 Acre Industrially Zoned Site is a Unique Opportunity for a User or Investor in a Market with a Diminishing Industrial Land Supply.
- Approximately 28.13 acres developable/usable; 130,000 sf of multiple manufacturing and storage facilities.
- Zoned heavy industrial.
- Property is strategically located 1.2 miles from I-5; 2 miles to Rivergate.
- Land is a combination of paved and hard packed gravel surfaces.
- Approximately $578,000 of net income with all leases substantially under market.
- Shorter/flexible leases that allows for redevelopment.
- Largest tenant: Woodway/LWO has been a reliable tenant for over 20 years.