request_info_guest false

Adaptive Reuse Flex Income Asset

Market Price

2705-2715 Southeast 8th Avenue, Portland, OR 97202

Active
Last Updated: 05/27/2025

573,479

NOI

66,527 sqft

Building Size

Details:
NOI:    $573,479
Building Size:    66,527 sqft
Lot Area:    2.5 acres
Occupancy:    94%
Class:    A
Units:    18
Lease Type:    Triple Net
Year Built:    1937
Zoning:    IG1 - General Industrial
Tenancy:    Multiple
Parking Spots:    160
Investment Strategy:    Opportunistic
Highlights:
  • Leasehold Interest - 38 years remaining on Ground Lease
  • NOI - Year 1: $573,000
  • Motivated Sale - Call for Offers by June 20th
  • Gut Rennovation with Full Seismic Upgrades in 2017
Description:

Ethos Commercial Advisors LLC, as executive advisor, is please to present to qualified investors the opportunity to acquire the leasehold interest in the Dairy Building, a fully repositioned, gut-renovated, income-producing creative maker and industrial asset with a long-term ground lease in Portland’s Central Eastside. Located on 2.5 acres, the property blends preserved industrial architecture with modern functionality and premium tenant amenities.

The building features flexible suites with bow truss ceilings up to 25 feet, polished concrete floors, skylights, and upgraded systems including LED lighting and fiber internet. Common areas include a central event space, conference room, and call rooms, supporting a dynamic tenant mix of creative office, retail, and maker uses.

With a strong leasing history, long-term potential through fee acquisition, future renovations of the Tower, and development of the excess land, the Dairy Building is well-positioned for immediate and sustained value.

Seller is motivated and committed to a sale. All offers will be reviewed and responded to.

Map:
Documents:
Title
Dairy_bldg_flyer_SECURE.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery