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623 NE 23rd Ave 4,640 SF Office Building Portland, OR 97232 $1,250,000 ($269.40/SF)
Executive Summary
This one-of-a-kind CM3-zoned asset offers a fully integrated mixed-use environment combining retail frontage, private office/residential space, and an assembly-rated event venue.
The property is designed for maximum flexibility, allowing an owner-user to occupy part of the space while generating income from the remaining components. Alternatively, an investor can capitalize on multiple revenue streams within a single asset.
With its private patio, modern improvements, and prime Kerns location, the property is ideally suited for experiential retail, creative office, or hospitality-driven concepts.
The property is designed for maximum flexibility, allowing an owner-user to occupy part of the space while generating income from the remaining components. Alternatively, an investor can capitalize on multiple revenue streams within a single asset.
With its private patio, modern improvements, and prime Kerns location, the property is ideally suited for experiential retail, creative office, or hospitality-driven concepts.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
4,640 SF
Building Class
C
Year Built/Renovated
1952/2018
Price
$1,250,000
Price Per SF
$269.40
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,640 SF
Building FAR
0.93
Lot Size
0.11 AC
Zoning
CM3
Amenities
- 24 Hour Access
- Fenced Lot
- Outdoor Seating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
One of kind retail, office, storefront, full restored 1908 house / office. 900 SF Event space with roll up glass roll up door Large private patio with 15 laurel hedge 4 bed / office 2 bath full kitchen Mid Century storefront
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 4,640 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 4,640 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 4,640 SF |
| Space Use | Office/Retail |
| Build-Out | Full Build-Out |
| Available | Now |
One of kind retail, office, storefront, full restored 1908 house / office. 900 SF Event space with roll up glass roll up door Large private patio with 15 laurel hedge 4 bed / office 2 bath full kitchen Mid Century storefront
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Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R278377 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $164,750 |
Property Taxes
Parcel Number
R278377
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$164,750
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Contact the Sale Advisor
623 NE 23rd Ave