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Concrete Flex Building with Fenced Yard
For Sale
$1,000,000

5409 SE FRANCIS St, Portland, OR 97206

CommercialSale, Portland, OR

Property Size2,786 SF
Lot Size0.18 Acres
Price / SF$358.94
Days on Market820

Property Features for 5409 SE FRANCIS St

General Information

Property type Commercial Sale
Property subtype Other
Zoning CM-2
Directions Corner of SE Foster Rd & SE Francis
Subdivision _143
Standard status Active
APN R126341
Size 2,786 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description CANNONS ADD, BLOCK 2, LOT 11&12
Tax Annual Amount 6169
Legal Description CANNONS ADD, BLOCK 2, LOT 11&12

Utilities

Heating system Forced Air

Building Details

Year built 1982
Building materials Block, Concrete
Roof type Flat, Built-Up
Listing Agency: Premiere Property Group, LLC
Listed By: Patti Shmilenko · License #990100012
Added: Jul 13, 2024 Changed: Sep 28 Last Checked: Oct 10 at 8:06AM
MLS# 24062614

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 2,786-square-foot flex property features concrete-block construction, office space, a bathroom with shower, and four 10-foot roll-up doors. The interior offers 14-foot ceilings, while a built-up flat roof and forced-air heating serve the building. Equipment is negotiable, and the property includes a fenced yard with parking for 12+ vehicles.

Located at the corner of SE Foster and SE Francis in Portland, the property sits on a 0.18-acre lot and carries CM-2 zoning. The building was constructed in 1982. Underground tanks have been removed, and a No Further Action letter is available.

Key Highlights

  • 2,786 SF concrete‑block flex building on a 0.18‑acre lot
  • 4 - 10' roll‑up doors and 14' interior ceilings
  • Fenced yard with 12+ parking spaces

Property Analytics

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Current Use

Nasko's Imports Auto Repair Shop Portland AutoHaus Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring 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

14 ft
Clear height
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97206, OR

51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • 🌱Ishtar Gate ❤️ بوابة عشتار 🌿 international Iraqi grill — 5222 SE Foster Rd, Portland, OR 97206

Frequently Asked Questions

What type of property is this?
Flex space - CM-2-zoned flex property with office space, a shower-equipped bathroom, multiple roll-up doors, and secured outdoor storage.
Where is this flex space located?
The property is located at 5409 SE FRANCIS St Portland, OR.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 2,786 SF concrete‑block flex building on a 0.18‑acre lot; 4 - 10' roll‑up doors and 14' interior ceilings; Fenced yard with 12+ parking spaces
More about this property
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