4240 Sandy Blvd Portland, OR 97213
This exceptional Portland, Oregon commercial property, located at 4240 NE Sandy Blvd, offers three available suites within a 10,610 square foot building. The building, constructed in 1942, is a two-story Class C structure situated in the desirable NE Sandy submarket, specifically the NE 43rd cluster, and zoned CM2. The property features a mix of retail and office space, specifically categorized as Creative Office, Corner Retail, and In-Line Retail. Suite sizes range from 2,042 to 4,060 square feet, providing flexibility for various business needs. The building does not include elevators. High visibility along NE Sandy Boulevard ensures prominent signage opportunities and significant daily traffic exposure. Ample parking is available, enhancing convenience for employees and customers. This location is ideal for businesses seeking a vibrant and accessible space in a bustling Northeast Portland neighborhood. The property's versatile layouts provide an excellent canvas for creating a productive and inviting work environment. This is a rare opportunity to establish a strong presence in a highly sought-after area of Portland. The cross street is NE 43rd.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.