232 NE 9Th Ave, Portland, OR 97232
For Sale
1 / 3
This 16,000 square foot, two-story office building, located at 232 NE 9th Ave in Portland, Oregon, offers a unique opportunity for businesses seeking flexible space in a vibrant urban setting. Currently, 3,100 square feet of vacant space is available on the second floor, easily divisible into smaller units with a minimum of 3,100 square feet. The building, constructed in 1950 and classified as Class C, features two loading docks, one drive-in door, and four total parking spaces. The zoning is IG1 (General Industrial 1) - City of Portland. The available space boasts a thoughtful layout including four private offices, multiple conference rooms, ample storage, and restrooms. Large windows provide abundant natural light. This corner lot location in the Buckman/Kerns area of Close-In NE Portland offers excellent visibility and accessibility. The property is conveniently situated near the Oregon Convention Center, Moda Center, Lloyd Center Mall, and a variety of restaurants and coffee shops. Public transportation options, including the Tri-Met Streetcar, MAX line, and bus stops, are within a short distance, as is the I-84 eastbound on-ramp. This property is ideal for businesses seeking a blend of functionality, accessibility, and a desirable location within a thriving commercial hub. The building's features cater to a variety of business needs, from traditional office space to flexible and R&D uses.
-
Bowl Pac Medical Clinic
-
PACIFIC CLEAN AIR SOLUTIONS LLC Physician
-
Studio of the Woodland Realm Recording Studio
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IG1 · Portland, ORPortland. Always verify with local authorities before improvements.
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.