5411 N Lagoon Ave – Industrial

5411 N Lagoon Ave – Industrial is a 46,995 SF industrial property for sale at 5411 N Lagoon Ave in Portland, OR. Built in 1965, it offers a buyer an established industrial building at a scale suited to a focused property acquisition.

The 46,995 SF building gives an industrial buyer a defined asset around which to plan operations or an investment strategy. Its size is the central feature of the offering: a buyer can approach the property as a whole rather than assemble a position across separate buildings. For an owner-user, the decision turns on how that building fits the business’s space requirements. For an investor, it is an opportunity to underwrite a single industrial property and determine how its existing configuration supports the intended ownership plan. The 1965 construction date is relevant to both approaches, making the building itself central to the review.

The asking price is $7,800,000. At that price, the opportunity is a direct purchase of an industrial property in Portland, with the building’s 46,995 SF providing the basis for a buyer’s space planning and acquisition analysis. An owner-user can weigh the purchase against its need to control an industrial facility; an investor can consider the property within a broader portfolio strategy. The decision rests on the buyer’s intended use of the building and the fit between that plan and the asking price.