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Portland Flex Building 1631 SW Jefferson St 9,846 SF Flex Building Portland, OR 97201 $2,373,064 CAD ($241.02 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • ±9,846 SF flexible building – ideal for warehouse, showroom, or office conversion
  • Development-ready CXd zoning – 4:1 FAR with bonus height potential up to 165’
  • Highly accessible transit hub – Walk Score 98, Transit Score 96, Bike Score 85
  • Prime Goose Hollow location near Multnomah Athletic Club, Providence Park & Lincoln High School
  • Month-to-month tenant – income in place, vacant delivery possible within 30 days
  • Dense and affluent trade area – 47,000 residents and 118,000+ workers within one mile

EXECUTIVE SUMMARY

Prime owner/user, investor, or redevelopment opportunity in Portland’s Goose Hollow neighborhood. The ±9,846 SF building (approximately 60% warehouse / 40% showroom & office) sits on a ±10,072 SF corner lot with CXd zoning, a 4:1 FAR, and height potential up to 165’, supporting future multifamily redevelopment.
The property is also available for lease at $1.00/SF/Mo. NNN, offering flexibility for users or investors. Currently occupied by a single tenant on a month-to-month lease, the space can be delivered vacant with 30 days’ notice.
Located directly across from the Multnomah Athletic Club, near Providence Park (home of the Portland Timbers & Thorns) and Lincoln High School, the site benefits from strong visibility, excellent transit access (MAX light rail and Portland Streetcar), and proximity to several new residential developments.
Offered at $1,700,000, this property combines in-place income potential with exceptional long-term redevelopment upside in one of Portland’s most active mixed-use districts.

PROPERTY FACTS

Price $2,373,064 CAD
Price Per SF $241.02 CAD
Sale Type Investment
Property Type Flex
Property Subtype
Flex Research & Development
  • General Retail Storefront
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 0.23 AC
Rentable Building Area 9,846 SF
No. Stories 1
Year Built 1924
Tenancy Single
No. Drive In / Grade-Level Doors 3
Zoning CXD - Central Commercial with Design Overlay (CXD)

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 9,846 SF
  • Flex
  • Full Build-Out
  • 30 Days

1631 SW Jefferson Street offers ±9,846 SF of flexible warehouse/showroom space in Portland’s Goose Hollow neighborhood — an area surrounded by major landmarks including the Multnomah Athletic Club, Providence Park, and Lincoln High School. The property is also available for sale, providing flexibility for users or investors. The building is currently leased to a single tenant on a month-to-month basis, allowing for vacant delivery with 30 days’ notice. Zoned CXd (Central Commercial with Design Overlay), the site supports a wide range of commercial uses and long-term multifamily redevelopment potential, with a 4:1 FAR and height allowance up to 165 feet. Excellent access to MAX light rail, Portland Streetcar, and I-405 positions the property within one of Portland’s most transit-oriented and amenity-rich submarkets. Lease offered at $1.00/SF/Mo. NNN.

Space Size Space Use Condition Available
1st Floor 9,846 SF Flex Full Build-Out 30 Days

1st Floor

Size
9,846 SF
Space Use
Flex
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 9,846 SF
Space Use Flex
Condition Full Build-Out
Available 30 Days

1631 SW Jefferson Street offers ±9,846 SF of flexible warehouse/showroom space in Portland’s Goose Hollow neighborhood — an area surrounded by major landmarks including the Multnomah Athletic Club, Providence Park, and Lincoln High School. The property is also available for sale, providing flexibility for users or investors. The building is currently leased to a single tenant on a month-to-month basis, allowing for vacant delivery with 30 days’ notice. Zoned CXd (Central Commercial with Design Overlay), the site supports a wide range of commercial uses and long-term multifamily redevelopment potential, with a 4:1 FAR and height allowance up to 165 feet. Excellent access to MAX light rail, Portland Streetcar, and I-405 positions the property within one of Portland’s most transit-oriented and amenity-rich submarkets. Lease offered at $1.00/SF/Mo. NNN.

Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (95)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R145220
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$994,160 CAD
  • Listing ID: 37979028

  • Date on Market: 2025-10-07

  • Last Updated:

  • Address: 1631 SW Jefferson St, Portland, OR 97201

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