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Industrial Distribution Building
For Sale
Contact for pricing
Pending

929 NE 23rd Ave, Portland, OR 97232

Warehouse and distribution facility with grade-height and dock-height roll-up doors, plus office space and mezzanine area.

Property SizeContact for details
Days on Market143

Property Features for 929 NE 23rd Ave

General Information

Standard status Pending
Property subtype Industrial

Additional Details

Highway Access Yes
Listing Agency: SVN Imbrie Realty
Listed By: Eric Larpenteur · License #OR 201215847
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Aug 26 at 10:53AM

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 SVN Imbrie Realty

Investment Insights

Based on property information with market context.

This industrial distribution building offers a functional warehouse layout with grade-height and dock-height roll-up doors. The property includes 1,512 SF of office space and a 700 SF mezzanine (not included in the overall SF figures provided). A heavy crane is located in the warehouse, and the building has recently installed roof membrane.

The site is in the Kerns neighborhood, just off I-84 and near Sandy Blvd, with proximity to the CBD, Central Eastside, and Lloyd District being stated as less than a mile. The current tenant is at market rate on a short-term lease and would like to stay, giving buyers flexibility for an owner-user or an NNN lease structure.

An adjacent residential lot is also available and is zoned CM3, which could allow for development of a larger redevelopment parcel.

Key Highlights

  • Warehouse and distribution facility in the Kerns neighborhood, just off I‑84 near Sandy Blvd
  • Less than a mile to the CBD, Central Eastside, and Lloyd District—ideal distribution point
  • Grade‑height and dock‑height roll‑up doors with dock height access

Property Analytics

Current Use

IRC Turbine Inc Logistics Company Casebeer Hydronics General Contractor

Suggested Use

Top Pick HVAC Service Mobile Phone Store Auto Parts Store Locksmith Florist Tanning Salon

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,850
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
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

  • NE 12th & Irving Self Storage 18 ne 12th ave, portland, or 97214
  • Public Storage 1620 NE Sandy Blvd, Portland, OR 97232
  • Pro-Tek Storage 1625 NE Sandy Blvd B, Portland, OR 97232
  • Nannybag Luggage Storage 2600 NE Sandy Blvd, Portland, OR 97232
  • Self Storage ne 28th ave, portland, or 97232

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse and distribution facility with grade-height and dock-height roll-up doors, plus office space and mezzanine area.
Where is this warehouse located?
The property is located at 929 NE 23rd Ave Portland, OR.
What are key features of this property?
This property features: Warehouse and distribution facility in the Kerns neighborhood, just off I‑84 near Sandy Blvd; Less than a mile to the CBD, Central Eastside, and Lloyd District—ideal distribution point; Grade‑height and dock‑height roll‑up doors with dock height access
More about this property
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