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Industrial Flex Building in Portland
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805-815 SE Sherman Street, Portland, OR 97214

Multi-tenant industrial flex building in central eastside industrial district.

Space SizeContact for details
Property Size23,261 SF
Days on Market259

Property Features for 805-815 SE Sherman Street

General Information

Standard status Active
Size 23,261 SF
Property subtype Industrial
Zoning IG

Building Details

Building Size 23,261 SF
Listing Agency:
Listed By: Eleanor Aschoff · License #OR #971000188
Source: Macadamforbes
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 11 at 5:00AM

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 Eleanor Aschoff

Investment Insights

Based on property information with market context.

This impeccably maintained multi-tenant industrial flex building is strategically located on the south end of the central eastside industrial district. The spaces are ideal for a multitude of users. The building is surrounded by small and large industrial and creative users and is walking distance to restaurants, boutiques, breweries, and coffee shops located on lower Division Street. Close to both the Ross Island and Hawthorne Bridges, the site offers quick access to downtown Portland. The property features modern industrial flex spaces and 18' clear height, as well as off street parking.

Key Highlights

  • Strategically located in the central eastside industrial district.
  • Walking distance to restaurants, boutiques, and breweries.
  • Quick access to downtown Portland via Ross Island and Hawthorne Bridges.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Pet Grooming Service HVAC Service Veterinary Clinic Mobile Phone Store 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,992
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Lease Benchmarks for Portland, OR

$15.88 /SF/Yr
Avg Asking Price
$12–$20.02 /SF/Yr
Price Range
16,828 SF
Avg Space Size

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
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Similar Off Market Nearby

  • Accent Party Planning Portland, OR 97214
  • Ingallina's Box Lunch 2833 SE 15th Ave, Portland, OR 97202
  • ChefStable Catering 2136 SE 8th Ave, Portland, OR 97214, United States
  • Sugar Street Catering 3334, 1430 SE Water Ave #102, Portland, OR 97214
  • Trailhead Coffee Roasters 350 SE Mill St, Portland, OR 97214

Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant industrial flex building in central eastside industrial district.
Where is this flex space located?
The property is located at 805-815 SE Sherman Street Portland, OR.
What are key features of this property?
This property features: Strategically located in the central eastside industrial district.; Walking distance to restaurants, boutiques, and breweries.; Quick access to downtown Portland via Ross Island and Hawthorne Bridges.
More about this property
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