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WELL LOCATED 3,900 SF COMMERCIAL / FLEX BUILD 2319 NE Glisan St 3,750 SF Retail Building Portland, OR 97232 $1,290,000 ($344/SF)

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Investment Highlights

  • “Walker’s Paradise” Location
  • Versatile Infrastructure & Zoning
  • High-Exposure Frontage & Access
  • Resilient Market Fundamentals

Executive Summary

This versatile CM3-zoned industrial property offers approximately 3,894 SF of well-configured building space on a 5,000 SF parcel in a prime City of Portland location just off Sandy Boulevard. Constructed of durable masonry with a flat roof, the building is designed to support a wide range of commercial and production uses.
The space features roll-up door access directly from the frontage, five on-site parking stalls, and a floor drain running through the building—ideal for light manufacturing, production, or creative uses. Inside, the layout includes a dedicated front office area, ample electrical throughout the space and ceiling, and a ceiling grid system already installed for production equipment or lighting. A centrally located skylight provides natural light, enhancing the functionality and appeal of the interior.
Additional improvements include two heat pumps for efficient climate control, two single-fixture restrooms, and a small personal kitchen area conveniently located adjacent to the bathrooms. With highly flexible CM3 zoning and an exceptional location in close proximity to major transportation corridors, this property presents a rare opportunity for owner-users or investors seeking adaptable space in one of Portland’s most dynamic submarkets.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
3,750 SF
Building Class
C
Year Built
1951
Price
$1,290,000
Price Per SF
$344
Tenancy
Single
Building Height
1 Story
Building FAR
0.75
Lot Size
0.11 AC
Zoning
CS - CM3 (Commercial Mixed Use)
Parking
5 Spaces (1.3 Spaces per 1,000 SF Leased)
Frontage
178’ on Glisan St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CrossFit
The Matador
Capriotti's
Jazzercise
Pure Barre
Starbucks
Whole Foods Market
Fred Meyer
Heritage Bank
Bank of America

Property Taxes

Property Taxes

Parcel Number
R122151
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$228,330
  • Listing ID: 39289535

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 2319 NE Glisan St, Portland, OR 97232

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