www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32266346
32266347

623 Northeast 23rd Avenue, Portland, OR 97232

JG
OR 971000078
Commercial Black, LLC
Listed by Commercial Black, LLC
$1,500,000
35 days on market
Updated 35 days ago

623 NE 23rd Avenue Portland Oregon 97232

Details
Property Type Mixed Use, Special Purpose (+1)
Square Footage 4,640
Net Rentable (SqFt) 4,640
Units 2
Year Built 1917
Year Renovated 2019
Buildings 3
Acreage 5000.000
Zoning CM3
Parking Spaces spaces
Ground Lease No
Sale Condition For sale by owner

Rare mixed use with storefront, residential/office, and event space

Marketing description

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.

Investment highlights

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.

Listing Contacts

JG
OR 971000078
Commercial Black, LLC
Listed by Commercial Black, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
John Gibson
License
971000078
Brokerage
Commercial Black
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591