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Tenant-Occupied Flex Space
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Pending

421 NE 12th Ave, Portland, OR 97232

Tenant-occupied commercial property near restaurants, retail shopping, and public transportation.

Property SizeContact for details
Days on Market141

Property Features for 421 NE 12th Ave

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: Kidder Mathews Portland
Listed By: Steve Bowers · License #OR201223508
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:18AM

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 Kidder Mathews Portland

Investment Insights

Based on property information with market context.

This tenant-occupied flex space is located at 421 NE 12th Ave in Portland’s Kerns neighborhood. The property is positioned within Central/Southeast Portland and the Central Eastside, an area characterized by industrial properties and an entrepreneurial business environment.

Restaurants, retail shopping, and public transportation are located nearby. The property also offers proximity to Portland’s waterfront and downtown, placing it within the city’s central urban employment and amenity network.

Key Highlights

  • Flex space asset in Portland’s Kerns neighborhood
  • Tenant‑occupied property; please do not disturb tenants
  • Located near restaurants and retail shopping

Property Analytics

Current Use

Little Grasshopper Family ... Family Counselor The Vanilla Workshop Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Auto Parts Store Mobile Phone Store Florist Pet Grooming Service Locksmith

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

5,786
Businesses Nearby
Well-served
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
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Similar Off Market Nearby

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  • Headwaters Catering 301 SE 2nd Ave, Portland, OR 97214
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  • Custom Cuisine by Bree 220 SE 3rd Ave, Portland, OR 97214

Frequently Asked Questions

What type of property is this?
Flex space - Tenant-occupied commercial property near restaurants, retail shopping, and public transportation.
Where is this flex space located?
The property is located at 421 NE 12th Ave Portland, OR.
What are key features of this property?
This property features: Flex space asset in Portland’s Kerns neighborhood; Tenant‑occupied property; please do not disturb tenants; Located near restaurants and retail shopping
(617) 291-1036 Call to check price and availability
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