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2451 NW 28th Ave
35,050 SF 100% Leased Industrial Building Portland, OR 97210 $5,595,000 ($160/SF)
Executive Summary
Rare centrally-located NW Portland Industrial/Flex building.
EXCELLENT LOCATION
The property is located in the premier location of Northwest Portland, just minutes from downtown, easily accessible via HWY 30, I-405, and NW St. Helens Rd, and near numerous restaurants and shops in Slabtown/Northwest Portland.
MULTI-TENANT DESIGN
The property is currently divided into 2 tenants, Accretech and Great Notion Brewing. Accretech occupies 25,869 SF and the Great Notion Brewing occupies 9,181 SF. Accretech is vacating 8/31/2025. Great Notion Brewing’s lease runs through 10/31/2025 and has interest in renewing. A buyer has the ability to occupy the 25,869 SF portion and lease out the remainder of the building to Great Notion Brewing, or a buyer could occupy the entire 35,050 SF building.
MULTIPLE BUILDING IMPROVEMENTS
There have been several renovations made to the building in the last 5 years including new exterior and interior paint, office carpeting, warehouse heating and lighting, stairway retreading, etc.
FLEXIBLE USE
The Heavy Industrial (IH) zoning allows for a wide range of uses including manufacturing/production, warehousing, wholesale sales, industrial service, vehicle service/repair, etc.
RARE OFFICE/WAREHOUSE RATIO
Unique office/assembly/flex build-out well-below replacement cost. Multiple possibilities of office configuration component storage, laboratory use, etc.
Property Facts
| Price | $5,595,000 | Rentable Building Area | 35,050 SF |
| Price Per SF | $160 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1928/2018 |
| Property Type | Industrial | Parking Ratio | 0.37/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 22 FT |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.84 AC | No. Drive In / Grade-Level Doors | 2 |
| Price | $5,595,000 |
| Price Per SF | $160 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.84 AC |
| Rentable Building Area | 35,050 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1928/2018 |
| Parking Ratio | 0.37/1,000 SF |
| Clear Ceiling Height | 22 FT |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2451 NW 28th Ave, Portland, OR In a Highly-Coveted Central NW Portland Location The property is currently divided into 2 tenants, Accretech and Great Notion Brewing. Accretech occupies 25,869 SF and the Great Notion Brewing occupies 9,181 SF. Accretech is vacating 8/31/2025. Great Notion Brewing’s lease runs through 10/31/2025 and has interest in renewing. A tenant would have the ability to occupy just the 25,869 SF space if desired, or the full 35,050 SF building. - 35,050 sf total - 18,000 sf warehouse - 6,050 sf 1st Floor Office - 11,000 sf 2nd floor office - 0.84 acres - Expansive office and assembly areas with private offices and conference rooms - Several renovations in the last 5 years including new exterior and interior paint, office carpeting, warehouse heating and lighting, stairway retreading, etc. - 2 Dock high doors - 2 Grade doors - 22' clear height - Heavy Industrial zoning - 14 on-site parking stalls - $1/sf/month NNN
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 25,869-35,050 SF | Industrial | - | Sep 2025 |
1st Floor
| Size |
| 25,869-35,050 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Sep 2025 |
1st Floor
| Size | 25,869-35,050 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Sep 2025 |
2451 NW 28th Ave, Portland, OR In a Highly-Coveted Central NW Portland Location The property is currently divided into 2 tenants, Accretech and Great Notion Brewing. Accretech occupies 25,869 SF and the Great Notion Brewing occupies 9,181 SF. Accretech is vacating 8/31/2025. Great Notion Brewing’s lease runs through 10/31/2025 and has interest in renewing. A tenant would have the ability to occupy just the 25,869 SF space if desired, or the full 35,050 SF building. - 35,050 sf total - 18,000 sf warehouse - 6,050 sf 1st Floor Office - 11,000 sf 2nd floor office - 0.84 acres - Expansive office and assembly areas with private offices and conference rooms - Several renovations in the last 5 years including new exterior and interior paint, office carpeting, warehouse heating and lighting, stairway retreading, etc. - 2 Dock high doors - 2 Grade doors - 22' clear height - Heavy Industrial zoning - 14 on-site parking stalls - $1/sf/month NNN
PROPERTY TAXES
| Parcel Number | R266227 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $883,720 |
PROPERTY TAXES
zoning
| Zoning Code | IH (Heavy Industrial) |
| IH (Heavy Industrial) |
Presented by
2451 NW 28th Ave
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