Macadam Moving LLC has recently acquired a mini storage warehouse in Portland, Oregon for $1.6 million. The property, located at 5620-5622 S Kelly Avenue and originally built as a warehouse in 1964 before being converted into a mini storage facility in 1998, offers approximately 17,322 square feet of retail space. Situated near Macadam Avenue in the bustling South Portland area, the facility boasts an impressive total of 168 individual storage units along with four office/retail spaces and a convenient freight elevator.
The seller of this prime investment opportunity was represented by Greg Nesting and Gabe Schnitzer from Norris & Stevens Inc., while Jason Kennedy from RE/MAX Equity Group acted on behalf of the buyer during negotiations.
This successful transaction marks another milestone for Norris & Stevens as they continue to excel at brokering commercial real estate deals throughout Oregon’s thriving market.
