324 SE Grand Ave, Portland, OR 97214

This property was formerly the home of long time and beloved outdoor and army surplus store; Andy & Bax. Located in the best core commercial neighborhood in Portland: The Central Eastside, this property has excellent exposure to over 25,000 vehicles a day on the main commercial corridor in the close in eastside: SE Grand Avenue.

Consisting of a main level of 9000 sf and clean usable warehouse basement of another 9000 sf. Grade loading doors to both levels. Ceiling heights of 12’ - 14’ on the main floor and 9’ in the basement.

The property has one of the best and broadest use zonings in the city; EX (Employment) which allows a wide range of uses including retail, light industrial and residential (apartments).

It is strategically located with access to multiple freeways (I-5 & I-84) as well as several bridges to Portland’s downtown core and Northwest Portland and along the Portland streetcar.

Additionally and very important there is a 8000 sf parking lot adjacent that can accommodate up to 20 vehicles and great for further development.

There is two properties adjoining the property that can also be acquired that would result in a buyer controlling over 3/4 of the block.

The Central Eastside of Portland where the property is located is the most diverse, rapidly growing and desirable sub-markets in the city that has seen over $1.2 billion in new property development and investment in the last decade resulting in 1 million square feet of new or converted office space and over 4000 apartments with another $500 million of projected new development in the coming years. Home to over 1000 business and 20,000 employees, the Central Eastside is eclectic mix of new and vintage converted buildings that has some of the city’s best food/beverage establishments; entertainment venues (music, arts, galleries, etc.) regional HQ of many iconic brands (Salt & Straw; Stumptown Coffee) creative office users involved in tech, design, engineering and the world class educational and museum: Oregon Museum of Science and Industry.