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232 NE 9th Ave
Portland, OR 97232
Flex Property For Sale
INVESTMENT HIGHLIGHTS
- Close to new I-84 pedestrian overpass
- Access Scores: Walk: 96 | Bike: 96 | Transit: 78
- Near bus, streetcar, MAX, Conv Center, Moda Center
- Convenient corner lot location in inner NE
EXECUTIVE SUMMARY
Central Eastside Owner-User Opportunity with In-Place Rental Revenue
Conveniently located corner lot in Portland's Central Eastside this well-maintained property provides an owner-user with an opportunity to immediately occupy 6,200 SF of second floor office and either benefit from continued rental income or expand into the balance of the building as in-place leases expire.
The property is directly across the street from the Oregon Department of Human Services' brand-new Northeast Portland office and adjacent to the Franz Bakery campus.
Second Floor Owner-User Space includes five private offices with built-ins, a conference room, executive offices, storage space, kitchenette, and restroom.
The warehouse space features a dock door and automated conveyor system for easy transport to the second floor storage areas.
Conveniently located corner lot in Portland's Central Eastside this well-maintained property provides an owner-user with an opportunity to immediately occupy 6,200 SF of second floor office and either benefit from continued rental income or expand into the balance of the building as in-place leases expire.
The property is directly across the street from the Oregon Department of Human Services' brand-new Northeast Portland office and adjacent to the Franz Bakery campus.
Second Floor Owner-User Space includes five private offices with built-ins, a conference room, executive offices, storage space, kitchenette, and restroom.
The warehouse space features a dock door and automated conveyor system for easy transport to the second floor storage areas.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1950 |
| Property Subtype | Light Distribution | Parking Ratio | 0.25/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.19 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 16,000 SF | Opportunity Zone |
Yes
|
| Zoning | IG1, Portland - IG1 - General Industrial 1 (City of Portland) | ||
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.19 AC |
| Rentable Building Area | 16,000 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.25/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | IG1, Portland - IG1 - General Industrial 1 (City of Portland) |
PROPERTY TAXES
| Parcel Number | R150399 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $909,121 CAD |
PROPERTY TAXES
Parcel Number
R150399
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$909,121 CAD
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