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Executive Summary

-16,000 SF industrial facility (8,000 SF of cold storage infrastructure in place can be made available by vacating tenant).
-2,000 SF office (3 offices, 1 conference room, kitchenette)
-Second generation meat processing facility
-480V 3 phase power
-24 foot clear height
-Abundant street parking
-4,000 SF fenced loading area
-1 grade level roll up door
-6 dock high loading areas
-Zone: EG1 (changed as of June 1, 2025 as part of the Montgomery Park Area Plan)

Property Facts

Price $3,600,000
Price Per SF $225
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.46 AC
Rentable Building Area 16,000 SF
No. Stories 1
Year Built/Renovated 1979/2005
Tenancy Single
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 1
Zoning IG1

Amenities

  • Signage

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 16,000 SF
  • Industrial
  • Full Build-Out
  • 60 Days

The rare NW industrial opportunity at 2331 NW 23rd Ave in Portland, Oregon offers 16,000 rentable square feet of industrial space, including 8,000 square feet of cold storage, available for lease at $1.25/SF NNN. This centrally located property features abundant street parking, a prominent NW 23rd Avenue address, and convenient access to I-405, Hwy 30, the Pearl District, and the CBD, making it an ideal choice for businesses seeking a versatile facility in a vibrant urban setting.

Space Size Space Use Condition Available
1st Floor 16,000 SF Industrial Full Build-Out 60 Days

1st Floor

Size
16,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
60 Days

1st Floor

Size 16,000 SF
Space Use Industrial
Condition Full Build-Out
Available 60 Days

The rare NW industrial opportunity at 2331 NW 23rd Ave in Portland, Oregon offers 16,000 rentable square feet of industrial space, including 8,000 square feet of cold storage, available for lease at $1.25/SF NNN. This centrally located property features abundant street parking, a prominent NW 23rd Avenue address, and convenient access to I-405, Hwy 30, the Pearl District, and the CBD, making it an ideal choice for businesses seeking a versatile facility in a vibrant urban setting.

Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
R148122
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,353,640
  • Listing ID: 38986693

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 2331 NW 23rd Ave, Portland, OR 97210

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