Greater Portland Featured Real Estate

The Site

One-of-a-kind industrial land opportunity within the Portland Metro region for users and developers. 76.34 acres of flat industrial land, heavily paved and graded. Once home to the oldest steel foundry west of the Mississippi River, Columbia Steel, for over 120 years, the site features heavy infrastructure, including an on-site electrical substation, rail service on a Union Pacific (UP) mainline, up to 12” natural gas service lines, and proximity to I-5, Portland, and Vancouver, WA. Electronic fencing was recently installed around the property’s perimeter.

The Highlights

• Large scale
• Rail served
•  Heavy power (on-site substation)
• Heavy natural gas
• Brand new perimeter fence system

Offering Summary

• Available Yard: 2-47 Acres
• Lease Rate: $0.15/SF/mo
• Lease Type: Gross

The Location

Centrally located less than 15 minutes from I-5, Hwy 120, Vancouver, Portland, and both the Columbia and Willamette Rivers, and about 20 minutes from PDX, with direct rail service via the UP mainline.

Drive Times 

• Union Pacific Rail: Direct Service
  Highway 120: Direct Access
  Interstate 5: 7 min
  Vancouver, WA: 11 min
  Portland City Center: 15 min
  Portland International Airport: 21 min 

Category: (none) • Posted On: 03-02-2026 • Last Updated: 1 hour ago