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45-57 NE Hancock St

19,775 SF 1% Leased Flex Building Portland, OR 97212 For Sale

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Executive Summary

45-57 NE Hancock Street presents an outstanding opportunity with great potential for long-term plans. The ±19,775 SF of versatile workspace, featuring office, production, and warehouse areas with beautiful exposed timber and skylights throughout, is ideal for tenants or owner/users. Additionally, the ±10,000 SF warehouse is currently leased through March 2026, providing a fantastic in-place income stream.
Feasibility studies for multi-family development have already been completed for the property as well, offering a valuable contribution to addressing the city's housing crisis.
Contact broker for pricing guidance and/or lease rates.

45-57 NE Hancock St_LEASE_SALE

Property Facts

Sale Type	Investment or Owner User	No. Stories	1
Property Type	Flex	Year Built	1981
Property Subtype	Light Manufacturing Industrial Food Processing Industrial Warehouse Office Industrial Live Work Unit	Parking Ratio	0.61/1,000 SF
Building Class	B	Clear Ceiling Height	14 FT
Lot Size	0.54 AC	No. Drive In / Grade-Level Doors	2
Rentable Building Area	19,775 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Manufacturing Industrial Food Processing Industrial Warehouse Office Industrial Live Work Unit
Building Class	B
Lot Size	0.54 AC
Rentable Building Area	19,775 SF
No. Stories	1
Year Built	1981
Parking Ratio	0.61/1,000 SF
Clear Ceiling Height	14 FT
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.