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Investment Highlights

  • Favorable EX Zoning
  • Flex office space with grade level door
  • Frontage along SE 11th and SE 12th
  • Existing income and vacant 4,000 SF flex building
  • 6 off-street parking stalls

Executive Summary

Prime Southeast Portland owner-user or redevelopment opportunity in the heart of the Buckman neighborhood. The property offers a functional inner SE flex building suited for a wide range of business uses, supported by flexible zoning that allows for commercial, retail, and mixed-use applications.
A portion of the building is currently leased through August 2027, while approximately 4,000 square feet remains vacant, providing immediate occupancy or lease-up potential. For details on existing income, please contact the listing brokers.

Property Facts

Price $2,800,000
Price Per SF $341.46
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.30 AC
Rentable Building Area 8,200 SF
No. Stories 1
Year Built 1946
Clear Ceiling Height 17’
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes
Zoning EX

Amenities

  • Fenced Lot
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 4,000 SF
  • Industrial
  • -
  • Now

Prime Southeast Portland owner-user or redevelopment opportunity in the heart of the Buckman neighborhood. The property offers a functional inner SE flex building suited for a wide range of business uses, supported by flexible zoning that allows for commercial, retail, and mixed-use applications. A portion of the building is currently leased through August 2027, while approximately 4,000 square feet remains vacant, providing immediate occupancy or lease-up potential. For details on existing income, please contact the listing brokers.

Space Size Space Use Build-Out Available
1st Floor 4,000 SF Industrial - Now

1st Floor

Size
4,000 SF
Space Use
Industrial
Build-Out
-
Available
Now

1st Floor

Size 4,000 SF
Space Use Industrial
Build-Out -
Available Now

Prime Southeast Portland owner-user or redevelopment opportunity in the heart of the Buckman neighborhood. The property offers a functional inner SE flex building suited for a wide range of business uses, supported by flexible zoning that allows for commercial, retail, and mixed-use applications. A portion of the building is currently leased through August 2027, while approximately 4,000 square feet remains vacant, providing immediate occupancy or lease-up potential. For details on existing income, please contact the listing brokers.

Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
R176907
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$289,630
  • Listing ID: 40479198

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 1132 SE Salmon St, Portland, OR 97214

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