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The 2330 Building 2330 NW 31st Ave 18,788 SF 90% Leased Flex Building Portland, OR 97210 $6,766,353 CAD ($360.14 CAD/SF)
Investment Highlights
- Fully renovated creative/flex environment with soundproofed spaces and updated HVAC in all units.
- Excellent access to US-30 and I-405, less than 10 minutes from downtown Portland.
- Planned $200,000 HVAC upgrades in 2025 ensure long-term building integrity.
- Secure gated parking and +/-12,000 SF of fenced yard area for storage and operational versatility.
- Substantial power capacity with 2,400 Amp/3-Phase system installed in 2018.
- Walkable location with nearby amenities and additional street parking options.
Executive Summary
The 2330 Building presents a rare opportunity to acquire a fully renovated creative/flex industrial asset with a 10-year anchor tenant leaseback in place. Centrally located in Portland’s active Northwest district, the property offers exceptional accessibility to US-30, I-405, and downtown Portland, facilitating efficient regional connectivity for users and visitors alike.
Situated on a secured, gated 0.79-acre site, this offering features approximately 12,000 SF of paved, fenced yard and 20 on-site parking spaces, providing a highly valuable amenity mix for both operational flexibility and future adaptability. The building has been significantly upgraded, including installation of 2,400 Amp/3-Phase power in 2018 and scheduled HVAC improvements of $200,000 in 2025, ensuring long-term capital integrity.
The property’s creative interior design includes soundproofed spaces, second-story office suites, and updated individual HVAC systems, appealing to innovative and production-oriented tenants. Positioned near major employers and thriving commercial corridors, 2330 NW 31st Ave combines strong tenancy, functional upgrades, and irreplaceable location fundamentals to deliver a compelling investment with stable income and upside potential.
Situated on a secured, gated 0.79-acre site, this offering features approximately 12,000 SF of paved, fenced yard and 20 on-site parking spaces, providing a highly valuable amenity mix for both operational flexibility and future adaptability. The building has been significantly upgraded, including installation of 2,400 Amp/3-Phase power in 2018 and scheduled HVAC improvements of $200,000 in 2025, ensuring long-term capital integrity.
The property’s creative interior design includes soundproofed spaces, second-story office suites, and updated individual HVAC systems, appealing to innovative and production-oriented tenants. Positioned near major employers and thriving commercial corridors, 2330 NW 31st Ave combines strong tenancy, functional upgrades, and irreplaceable location fundamentals to deliver a compelling investment with stable income and upside potential.
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Fenced Lot
- Security System
- Yard
- Bicycle Storage
- Central Heating
- Natural Light
- Wi-Fi
- Hardwood Floors
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 202,203,206
- 1,202 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 205
- 187 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 208-209
- 399 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 202,203,206 | 1,202 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 205 | 187 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 208-209 | 399 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 202,203,206
| Size |
| 1,202 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 205
| Size |
| 187 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 208-209
| Size |
| 399 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R186862 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,703,057 CAD |
Property Taxes
Parcel Number
R186862
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,703,057 CAD
Contacts
-
Zachary Danner -
Mark Hefner -
Dylan Penson -
Demetri Garifalakis
-
Marcus & Millichap
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The 2330 Building | 2330 NW 31st Ave
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