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Two-Story Mixed-Use Property
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432 NE Dekum St, Portland, OR 97211

CM2 zoning supports retail, office, or residential use in a flexible commercial configuration.

Property SizeContact for details
Days on Market144

Property Features for 432 NE Dekum St

General Information

Standard status Active
Property subtype Mixed Use, Retail
Listing Agency: Fulcrum Pacific
Listed By: Nick Bushong · License #OR 201209786
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:55PM

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 Fulcrum Pacific

Investment Insights

Based on property information with market context.

This two-story mixed-use property was built in 1910 and contains 3,652 SF of space. The CM2 zoning supports retail, office, and residential uses, creating flexibility for an owner-user or redevelopment plan. The property is expected to transfer mostly vacant, with a salon operating in a separate 216 SF building at the southeast corner and providing additional income.

Site improvements include existing hookups and ground work for a potential food cart or tiny home. The property is in Portland’s Woodlawn neighborhood, adjacent to MLK Jr Blvd. Nearby properties west, north, and northeast have recently been developed with apartments, adding residential activity to the surrounding area.

Key Highlights

  • 3,652 SF, two‑story mixed‑use property built in 1910
  • CM2 zoning allows retail, office, or residential use
  • Mostly vacant delivery supports owner‑user or redevelopment plans

Property Analytics

Current Use

Seedlings Playschool: Children's ... High School

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Electrical Service HVAC Service Parking Lot & Garage

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

807
Businesses Nearby

Demographics for 97211, OR

33,762
Population
15,106
Households
2.2
Avg Household Size
38
Median Age
56%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,755
Density / Sq Mi
$109,604
Median Household Income
$59,171
Median Earnings
$1,818
Median Rent
$616,800
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - CM2 zoning supports retail, office, or residential use in a flexible commercial configuration.
Where is this mixed-use property located?
The property is located at 432 NE Dekum St Portland, OR.
What are key features of this property?
This property features: 3,652 SF, two‑story mixed‑use property built in 1910; CM2 zoning allows retail, office, or residential use; Mostly vacant delivery supports owner‑user or redevelopment plans
More about this property
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