1011 SE Oak Street

The subject property is located across the street from the Troy Laundry building which is undergoing a major renovation to become a boutique hotel. The north side of the Troy Laundry building will become a new six-story apartment building with 104 units and ground-floor retail. The property is in close proximity to I-5, I-84, and I-405. TriMet bus access, numerous restaurants, and service-based businesses are also close by.Rare opportunity to purchase or lease an approximately 46,356 SF building on a full block in close-in Southeast Portland. The property includes approximately 6,800 SF of 2nd-floor space and six grade doors: three doors on Oak Street, two doors on SE 10th Avenue, and one door on SE Pine Street. The property allows for a single user or can easily be demised down to multiple users. Under the IG1 zoning industrial, manufacturing, production, vehicle repair, wholesale sales, and self-storage are allowed uses. Retail and office uses are limited to 3,000 SF in area, while residential use is conditional.Rare opportunity to purchase an approximately 46,356 SF building on a full block in close-in Southeast Portland. The property includes approximately 6,800 SF of 2nd-floor space and six grade doors: three doors on Oak Street, two doors on SE 10th Avenue, and one door on SE Pine Street. The property allows for a single user or can easily be demised down to multiple users. Under the IG1 zoning industrial, manufacturing, production, vehicle repair, wholesale sales, and self-storage are allowed uses. Retail and office uses are limited to 3,000 SF in area, while residential use is conditional.