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Ground-Floor Mixed-Use Condo

2809 NE M L KING BLVD 2, Portland, OR 97212

For Lease
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Two entrances and separate addresses support a layout that can function as one space or two independent units.

Space Size1,137 SF
Days on Market52

Property Features for 2809 NE M L KING BLVD 2

General Information

Standard status Active
Size 1,137 SF
Property subtype Industrial, Office

Site & Location

Neighborhood Eliot

Additional Details

Divisible Yes

Spaces For Lease

at 2809 NE M L KING BLVD 2
2 Active
Size 1,137 SF
Contact us
Listing Agency: eXp Portland
Listed By: Max Breslau · License OR #201230579
Source: Crexi
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 14 at 5:18AM

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 Portland

Rey
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Investment Insights

Based on property information with market context.

This ground-floor commercial condominium has an open layout, polished concrete flooring, and high ceilings. Two entrances and separate addresses provide the option to configure the property as a single space or divide it into two independent units. Uses identified for the space include retail, studio, office, creative workspace, and live/work.

Key Highlights

  • Two entrances and dual addresses
  • Can be configured as two independent units
  • Ground‑floor commercial condominium

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Locksmith Carpet & Flooring Store Mobile Phone 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

3,431
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Portland

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two entrances and separate addresses support a layout that can function as one space or two independent units.
Where is this mixed-use property located?
The property is located at 2809 NE M L KING BLVD 2 Portland, OR.
What are key features of this property?
This property features: Two entrances and dual addresses; Can be configured as two independent units; Ground‑floor commercial condominium
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