81 NE Columbia Blvd
15,778 SF Industrial Building Portland, OR 97211 $3,055,600 ($194/SF)




INVESTMENT HIGHLIGHTS
- Visibility on Columbia Boulevard.
- HVAC conditioned warehouse.
- Quick access to I-5 in North and South directions.
- 15,000 SF of fenced and paved yard.
- Heavy 3 phase power.
- 2 dock doors and 2 grade doors.
EXECUTIVE SUMMARY
The property includes a secured and paved yard on the north end of the building with ingress/egress gates to the west and east sides. The fenced yard is roughly 15,000 SF with an additional 2,000+ SF of adjacent land on the northeast side of the property. The property carries approved retail and wholesale licenses for cannabis; the licenses can be transferred to the new owner/lessee, or a buyer can transfer or sell the licenses to other properties.
The property is on Columbia Boulevard near Airport Way in the Columbia Corridor, Portland's largest industrial area. It is conveniently located near the Portland International Airport and the Oregon-Washington Interstate Bridge/I-5 and 10-15 minutes from downtown Portland.
Significant industrial users in the area include Amazon, FedEx, USPS, UPS, Ikea, Target, Cummins, Kehe Distributors, United Salad Co, Daimler Trucks, Georgia Pacific, and Johnstone Supply.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
---|---|---|
Taxes |
-
![]() |
-
![]() |
Operating Expenses |
-
![]() |
-
![]() |
Total Expenses |
$99,999
![]() |
$9.99
![]() |
PROPERTY FACTS
Price | $3,055,600 |
Price Per SF | $194 |
Sale Type | Owner User |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 0.85 AC |
Rentable Building Area | 15,778 SF |
No. Stories | 1 |
Year Built | 1929 |
Tenancy | Single |
Clear Ceiling Height | 14’ |
No. Dock-High Doors/Loading | 2 |
No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Atrium
- Fenced Lot
- Yard
- Storage Space
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
81 NE Columbia Blvd is a versatile industrial property with 16,000 SF of warehouse, office, and retail space. The building includes two dock delivery doors accessed through the yard, two grade doors, one into the retail space on the south side and the other to the outbuilding in the yard, two dock doors, two bathrooms, a full kitchen, several open flex spaces, a variety of storage rooms, and office space. Additionally, nearly the entire main building is conditioned. The property includes a secured and paved yard on the north end of the building with ingress/egress gates to the west and east sides. The fenced yard is roughly 15,000 SF with an additional 2,000+ SF of adjacent land on the northeast side of the property. The property carries approved retail and wholesale licenses for cannabis; the licenses can be transferred to the new owner/lessee, or a buyer can transfer or sell the licenses to other properties.
Space | Size | Space Use | Condition | Available |
1st Floor | 15,778 SF | Industrial | - | Now |
1st Floor
Size |
15,778 SF |
Space Use |
Industrial |
Condition |
- |
Available |
Now |
PROPERTY TAXES
Parcel Number | R314918 | Improvements Assessment | $0 (2023) |
Land Assessment | $0 (2023) | Total Assessment | $394,030 (2023) |
ZONING
Zoning Code | IH (Heavy Industrial. Allows all industrial uses and office and retail up to a certain square footage.) |