929 NE 23rd Ave Portland, OR 97232

Listing agency SVN Imbrie Realty

Listed by Eric Larpenteur · License #OR 201215847

Source Crexi

Added: Apr 11 Updated: Jul 20 at 3:26PM Checked: Jul 20 at 3:26PM

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Investment Insights

Based on property information with market context.

This industrial distribution building offers a functional warehouse layout with grade-height and dock-height roll-up doors. The property includes 1,512 SF of office space and a 700 SF mezzanine (not included in the overall SF figures provided). A heavy crane is located in the warehouse, and the building has recently installed roof membrane.

The site is in the Kerns neighborhood, just off I-84 and near Sandy Blvd, with proximity to the CBD, Central Eastside, and Lloyd District being stated as less than a mile. The current tenant is at market rate on a short-term lease and would like to stay, giving buyers flexibility for an owner-user or an NNN lease structure.

An adjacent residential lot is also available and is zoned CM3, which could allow for development of a larger redevelopment parcel.

Key Highlights

• Warehouse and distribution facility in the Kerns neighborhood, just off I‑84 near Sandy Blvd
• Less than a mile to the CBD, Central Eastside, and Lloyd District—ideal distribution point
• Grade‑height and dock‑height roll‑up doors with dock height access

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• Public Storage — 1620 NE Sandy Blvd, Portland, OR 97232
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FAQs

What type of property is this?

Warehouse - Warehouse and distribution facility with grade-height and dock-height roll-up doors, plus office space and mezzanine area.

Where is this warehouse located?

The property is located at 929 NE 23rd Ave Portland, OR.

What are key features of this property?

This property features: Warehouse and distribution facility in the Kerns neighborhood, just off I‑84 near Sandy Blvd; Less than a mile to the CBD, Central Eastside, and Lloyd District—ideal distribution point; Grade‑height and dock‑height roll‑up doors with dock height access