2319 NE Glisan Street, Portland, OR 97232

Description:

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.




“Walker’s Paradise” Location
Situated in the high-density Lloyd District with immediate proximity to NE Sandy Blvd. Benefits from an established urban submarket with strong residential density and a large daytime workforce.

High-Exposure Frontage & Access
Features 178 feet of frontage on NE Glisan Street with two curb cuts and five rare surface parking spaces, providing superior accessibility for customers and service-oriented users.

Versatile Infrastructure & Zoning
Flexible CM3 zoning supports a wide range of uses. The flat roof masonry building includes floor drains, a ceiling grid system, and dual heat pumps—ideal for retail, showrooms, or service concepts.

Resilient Market Fundamentals
Located in a submarket with below-market vacancy relative to the broader retail inventory. Offers significant potential for an owner-user or an investor targeting a long-term hold in a creative corridor.

Documents: