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CM3 Mixed-Use Property with Signage
New
For Sale
$2,200,000

1840 NE SANDY Blvd, Portland, OR 97232

CommercialSale, Portland, OR

Property Size2,548 SF
Lot Size0.21 Acres
Price / SF$863.42
Days on Market2

Property Features for 1840 NE SANDY Blvd

General Information

Property type Commercial Sale
Property subtype Other
Zoning CM3
View City
Directions 18th and sandy
Subdivision _142
Standard status Active
APN R316815
Size 2,548 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description SECTION 35 1N 1E, TL 3700 0.21 ACRES
Tax Annual Amount 9138
Legal Description SECTION 35 1N 1E, TL 3700 0.21 ACRES

Utilities

Heating system Forced Air
Cooling system Wall Unit(s)

Building Details

Year built 1934
Building materials Concrete
Roof type Membrane, Composition
Listing Agency: MORE Realty
Listed By: Ann-Marie Nava
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 9 at 9:06PM
MLS# 327849328

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use property includes a 2,548-square-foot improvement on 0.21 acres and is configured across two tax lots. The structure dates to 1934 and features concrete construction, forced-air heating, wall-unit cooling, and a roof system comprising composition and membrane materials. Existing grandfathered sign frontage adds a defined signage component to the property.

Located on NE Sandy Boulevard in Portland, the site falls within the Sandy Boulevard Plan District. CM3 zoning supports high-density mixed-use, commercial, retail, office, and residential development. The property is addressed at 1840 NE Sandy Blvd and is sold with the taxlot address 1818 NE Sandy Blvd.

Key Highlights

  • 2,548‑square‑foot property on 0.21 acres
  • Two tax lots included in the offering
  • CM3 zoning supports high‑density mixed‑use, commercial, retail, office, and residential development

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Mobile Phone Store (Bike/Boat/Book/etc) Store Tanning Salon Florist Clothing & Fashion Store Adult Day Care

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

3,844
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Zoned CM3 within the Sandy Boulevard Plan District, supporting mixed-use, retail, office, and residential development.
Where is this mixed-use property located?
The property is located at 1840 NE SANDY Blvd Portland, OR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 2,548‑square‑foot property on 0.21 acres; Two tax lots included in the offering; CM3 zoning supports high‑density mixed‑use, commercial, retail, office, and residential development
More about this property
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