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Multi-Tenant Flex Building
For Sale
$7,950,000

1100 Nw 21st Ave, Portland, OR 97209

CM2 zoning supports light industrial, office, retail, and redevelopment uses.

Property SizeContact for details
Days on Market496

Property Features for 1100 Nw 21st Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $21,073
Listing Agency: exp realty, llc
Listed By: Stephen FitzMaurice · License #200308110
Source: Exprealty
Added: Apr 22, 2025 Changed: Aug 29 Last Checked: Jul 17 at 11:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of exp realty, llc

Investment Insights

Based on property information with market context.

This 10,000-square-foot flex building dates to 1925 and has been upgraded over time. The interior can be configured for up to five independent tenants, with five separate addresses supporting multi-tenant occupancy or a single-user layout. The property formerly housed Collision Rebuilders and combines industrial functionality with office and commercial use potential.

Zoned CM2, the site supports a broad mix of light industrial, office, retail, and redevelopment uses. It is located at 1100 NW 21st Ave in Portland’s NW corridor, with strong foot traffic, transit access, and proximity to NW amenities.

Key Highlights

  • 10,000‑square‑foot flex building built in 1925
  • Five separate addresses support multi‑tenant occupancy
  • Interior can be partitioned for up to five independent tenants

Property Analytics

Current Use

Gabriel's Bakery Bakery Alameda Carpet & Upholstery ... Carpet Cleaning Service

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility Food Market Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,137
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value

Market

Vacancy Rate% for Industrial in Portland, OR

3.4% 2019
4.1% 2020
2.5% 2021
2.1% 2022
4.2% 2023
5.5% 2024
6.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Tight Tacos 2707 NE Sandy Blvd, Portland, OR 97232
  • Parallel Food & Drink 3101 NE Sandy Blvd, Portland, OR 97232

Frequently Asked Questions

What type of property is this?
Flex space - CM2 zoning supports light industrial, office, retail, and redevelopment uses.
Where is this flex space located?
The property is located at 1100 Nw 21st Ave Portland, OR.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 10,000‑square‑foot flex building built in 1925; Five separate addresses support multi‑tenant occupancy; Interior can be partitioned for up to five independent tenants
More about this property
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