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111 SE Yamhill St
Portland, OR 97214

$8,100,000 USD

Warehouse For Sale  •  29,400 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 29,400 SF
  • Lot Size 0.79 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning IG1, Portland
81 Transit Score
79 Walk Score

Highlights

7 dock doors, 1 ramped grade door
19 onsite parking spaces on south side additional parking available in fenced yard on north side + parking adjacent to building on east side.
Offices air conditioned and remodeled in 2017 /13,328 sf of warehouse is partially air conditioned
Seller installing new roof in 2022 / Seller installing 2 new 600 amp 277/480 volt 3 phase panels 2022
Seller providing new exterior paint and new awnings 2022 / Seller providing new parking lot seal coat and stripping 2022
Close Proximity to Downtown, I-5, Hwy 84. Near lively dining and retail districts, TriMet & Bus Routes

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Hot Box 20,155 SF 3/31/2023

Amenities

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Fenced Lot
  • Front Loading
  • Signage
  • Yard
  • Accent Lighting
  • Reception
  • Demised WC facilities
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 6 min - 1.9 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 18 min - 8.8 mi
Transit/SubwayDriveWalkDistance
Se M L King & Taylor (Portland Streetcar - A Loop - Portland Streetcar) 0 min 4 min 0.2 mi
Se M L King & Morrison (Portland Streetcar - A Loop - Portland Streetcar) 1 min 4 min 0.2 mi
Se Grand & Taylor (Portland Streetcar - B Loop - Portland Streetcar) 1 min 4 min 0.2 mi
Se Grand & Belmont (Portland Streetcar - B Loop - Portland Streetcar) 1 min 6 min 0.3 mi
Se M L King & Stark (Portland Streetcar - A Loop - Portland Streetcar) 1 min 6 min 0.4 mi
AirportDriveWalkDistance
Portland International 20 min - 11.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Don Drake 503-546-4527 Melvin Mark Brokerage Company
Don Drake 503-546-4527 Melvin Mark Brokerage Company