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Office/Warehouse/Flex Building

Office/Warehouse/Flex Building

http://www.josephbernard.net/officewarehouseflex-building
Address:
1001 & 1025 SE Sandy Blvd, Portland, Oregon 97214
Price:
$3,125,000
Units:
3
Price per unit:
$1,041,670
Cap Rate:
N/A
Year Built:
1979

Highlights

  • Sale includes 2 parcels
  • 6 parking spaces
  • Warehouse contains separate garage entry door on SE 10th
  • Solar panels
  • Lot area: 9,807
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Office/Warehouse/Flex Building

Summary

The property features a warehouse (approximately 5,020 square feet) with an entry door, two office spaces (estimated square feet: 2,420 each floor), and a separate flex building (776 square feet) located on the corner of the lot at 1025 SE Sandy Blvd. The parking lot contains six spaces, and is located between the buildings. Currently, the seller occupies the majority of the warehouse, one office space (upstairs) and the flex building. The downstairs office is rented out to a non-profit agency which has a lease expiring August 1, 2018.

ZONING: EX (Central Employment) zone

This zone implements the Central Employment map designation of the Comprehensive Plan. The zone allows mixed-uses and is intended for areas in the center of the City that have predominantly industrial type development. The intent of the zone is to allow industrial, business, and service uses which need a central location. Residential uses are allowed, but are not intended to predominate or set development standards for other uses in the area. The development standards are intended to allow new development which is similar in character to existing development.

Source: Portland Maps

Highlights

  • Sale includes 2 parcels
  • 6 parking spaces
  • Warehouse contains separate garage entry door on SE 10th
  • Solar panels
  • Lot area: 9,807
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Office/Warehouse/Flex Building

SE Sandy Blvd/SE 10th Ave/SE Ankeny St

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Office/Warehouse/Flex Building

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Office/Warehouse/Flex Building

Document Title Document Type
Property Flyer Adobe PDF
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Office/Warehouse/Flex Building

Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax
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