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    234 SE 12Th Ave Portland, OR 97214

    For Sale
    $1,800,000

    COMMERCIAL - Portland, OR

    Property size:
    13,552 SF
    Lot size:
    0.33 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 234 SE 12Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CM-2
    APN
    R100644
    Size
    13,552 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1956
    Floors in Building
    1
    Building materials
    Concrete
    Roof type
    Built-Up

    John L. Scott Inc (503) 844-9800 [email protected]

    Listing agent Jordan Miller (503) 359-9100

    Listing date Nov 14, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unique Portland Commercial Property For Sale

    This commercial property in Portland, Oregon, presents an opportunity to purchase the original homebrew shop in America, F.H. Steinbart, which has served wholesale clients since 1918. The property includes over 13,500 square feet of space and features a large warehouse area, a retail/wholesale storefront, mezzanines, workshop areas, an office, a community/meeting room, and a hallway with a kitchenette. An unfinished attic space offers potential for conversion. The purchase price includes over $400,000 in inventory. The CM-2 zoned property sits on a 0.33-acre lot. The property's layout supports a retail and wholesale fusion, allowing the continuation of wholesale services alongside the creation of a dining space with indoor/outdoor seating utilizing the large garage doors.
    Insight Report Location Intelligence

    Current Use by Public Records

    F.H. Steinbart Co. Brewing Supply Store Oregon Brew Crew Brewery

    Suggested Use

    Law Firm Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Daycare Center Clothing Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Extra Space Storage, Multnomah Building, Record Nations, U Store, Nearby Storage Units - Portland, OR

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.653249
    Latitude
    45.521087

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    FAQs

    What type of property is this?
    Warehouse - Commercial property with retail, warehouse, and potential dining space.
    Where is this warehouse located?
    The property is located at 234 SE 12Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Historic Business: Purchase the first homebrew shop in America, established in 1918.; - $400,000+ inventory included in the purchase price.; - Large Space: Boasting 13,500+ sqft warehouse with retail/wholesale storefront.
    (503) 359-9100
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    234 SE 12Th Ave Portland, OR 97214
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    Portland, OR 97214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 SE 12Th Ave Portland, OR 97214
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