232 9Th AvePortland, OR 97232

  • Industrial properties
  • 8,840 SF
For Lease
$15.50/SF/YR View listing

Property Details for 232 9Th Ave

Year built
1950
Lot size
0.19 AC
Property size (Sq ft)
8,840 SF
Zone code
IG1
Property type
Industrial properties
Property subtype
Other warehouses
APN
1N1E35CA 01900
APU
1N1E35CA01900

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,779,120
    Hospitality
    $2,545,659
    Educational
    $2,117,958
    Medical
    $2,190,798
    Retail
    $3,294,602
232 9Th Ave, Portland, Oregon

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5248
Longitude
-122.656
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,111
-
-
$607,990
-
$477,710
$1,672,090
$2,149,800

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