Concrete Flex Space with
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 Market775
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
(503) 670-9000
Listed By:
Patti Shmilenko · License #990100012
(503) 807-9868
Added: Jul 13, 2024
Changed: Aug 25
Last Checked: Aug 26 at 3:06AM
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 combines a concrete-block building with practical warehouse and service features. The interior offers 14-foot ceilings, four 10-foot roll-up doors, office space, and a bathroom with shower. Forced-air heat serves the building, while the flat built-up roof dates to the existing 1982 construction. A fenced yard provides more than 12 parking spaces and additional outdoor utility.
The property occupies a corner at SE Foster and SE Francis in Portland, with CM-2 zoning. Underground tanks have been removed, and a No Further Action letter is available. Equipment may be negotiated separately.
The property occupies a corner at SE Foster and SE Francis in Portland, with CM-2 zoning. Underground tanks have been removed, and a No Further Action letter is available. Equipment may be negotiated separately.
Key Highlights
- 2,786 SF concrete‑block flex building constructed in 1982
- Four 10‑foot roll‑up doors and 14‑foot interior ceilings
- Fenced yard with 12+ parking spaces
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Portland, OR
Questions? Ask 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 zoning, a secured outdoor area, and office accommodations support varied commercial applications.
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 constructed in 1982; Four 10‑foot roll‑up doors and 14‑foot interior ceilings; Fenced yard with 12+ parking spaces
