4938 & 4946 Northeast 109th Avenue & 10928 NE Killingsworth

For Sale

4938 & 4946 Northeast 109th Avenue & 10928 NE Killingsworth, Portland, OR 97220

This Portland property for sale is located at 4938 & 4946 Northeast 109th Avenue & 10928 NE Killingsworth. Contact the listing broker for details on the current sale price for 4938 & 4946 Northeast 109th Avenue & 10928 NE Killingsworth.

Contacts

broker
Brett Bayne

Macadam Forbes

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 11,800 SF
  • Date Updated Mar 10, 2025
  • HVAC None
Off NE Sandy Blvd, near I-205 and the Portland International Airport.This four-building industrial property offers a unique opportunity as a pure investment or owner-user looking to occupy 2,800 square feet of industrial space and benefit from some rental income from the other two buildings. The buildings are clear span and very functional for many types of different users offering grade level loading, 16’-18’ clear height and 3 phase power. The Seller was an owner-occupant of 10928 NE Killingsworth Bldg A and will vacate at closing. Portland Spray works has been a long-term tenant and recently renewed the lease to $3,500.00 month. Seller elected to lease on a month-to-month to keep flexibility to the new buyer. We believe the tenant would sign a longer-term lease if requested by the Buyer. 4938 NE 109th Ave Tenant: Portland Spray Works 3,000 SF Free Standing Building Rent: $3,500 per month Month-to-month: recently renewed lease rate (long-term tenant) 4946 NE 109th Ave Tenant: Flight Cafe LLC 3,000 SF Free-Standing Building 700 SF Office, 1 grade door, 3-phase power Rent: $3,500 per month with CPI increase Lease Expires: February 28, 2029 10928 NE Killingsworth Bldg A Tenant: Vacant 2,800 SF Free Standing Building One restroom, 4 grade doors Rent: Proforma $3,000 10928 NE Killingsworth Bldg B Tenant: Alliance Construction Services LLC 3,000 SF Free Standing Building Rent: $3,000 per month Lease Expires: December 31, 2025 Tenant responsible for Electrical and Gas Landlord pays Taxes, Building Insurance and Water Income and expense information available upon request
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Property Taxes – Two Tax Lots (5300 & 5400)
  • NE 109th Properties: $8,998.60
  • NE Killingsworth Properties: $5,287.45
  • Zoning: CE – Commercial Employment
  • Incredibly flexible zoning which allows a wide variety of uses including industrial, retail sales and service, vehicle repair, and household/group living.

Getting around

  • 74/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 72/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Parkrose
  • Zip Code 97220
  • Market Portland

Points of Interest

  • Southeast Main Street

    3.17 miles

  • Southeast Powell Boulevard

    4.44 miles

  • Southeast Holgate Boulevard

    4.76 miles

  • New Rose City Cab Company

    4.78 miles

  • Lents Town Center/Southeast Foster Road

    5.49 miles

  • Northeast Weidler & Grand

    5.59 miles

  • Northeast 7th & Holladay

    5.60 miles

  • Northeast Grand & Multnomah

    5.66 miles

  • Northeast Weidler & 2nd

    5.75 miles

  • Northeast Grand & Hoyt

    5.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brett Bayne

Macadam Forbes

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.