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Mixed-Use Property with Signage
For Sale
$1,999,999

1840 NE SANDY Blvd, Portland, OR 97232

CommercialSale, Portland, OR

Property Size2,548 SF
Lot Size0.21 Acres
Price / SF$784.93
Days on Market52

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: Oct 28 Last Checked: Oct 29 at 1:06AM
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.

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Investment Insights

Based on property information with market context.

This mixed-use property includes 2,548 square feet on a 0.21-acre site and is configured across two tax lots. Built in 1934, the improvements feature concrete construction, membrane and composition roofing, forced-air heat, and wall-unit cooling. The property carries CM3 zoning, which supports high-density mixed-use, commercial, retail, office, and residential development as described in the source information.

Situated at 1840 NE Sandy Boulevard in Portland, the site is within the Sandy Boulevard Plan District. Grandfathered sign frontage and the property’s position along Sandy Boulevard provide established exposure, while the plan district includes frontage and facade standards relevant to future design. The sale also includes tax lot address 1818 NE Sandy Boulevard.

Key Highlights

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

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 - CM3-zoned property with two tax lots and established sign frontage along Sandy Boulevard.
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 $1,999,999.
What are key features of this property?
This property features: 2,548‑square‑foot mixed‑use property on a 0.21‑acre site; CM3 zoning supports high‑density mixed‑use, commercial, retail, office, and residential development; Two tax lots included in the sale
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