4232 NE SANDY BLVD Portland, OR $ 5,600,000
4232 NE SANDY BLVD
$ 5,600,000
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4232 NE SANDY BLVD

Portland, OR, 97213
$ 5,600,000
Bedrooms-- Baths-- Sq 8,474
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Property for Rent in Portland, OR

for $5,600,000. This 8,474 square foot property was built in 1914 on a lot size of 0.92.

"PREMIUM HOLLYWOOD DISTRICT DEVELOPMENT OPPORTUNITY" Listing Includes 4 tax ID #s and multiple lots: R216668, R216669, R216678, R216670. 2 Existing common wall buildings; middle building attached on the west to additional building not included in the sale / different owner. Large open parking lot south of buildings with Sandy Blvd. frontage. Highest and best use likely to scrape existing buildings and develop parcels in their entirety. Approx. 0.92 +/- Acres total ground space. 190' Sandy Blvd frontage and 390' NE 43rd Ave 390's frontage. The rapidly developing Hollywood district with revitalization occurring in all directions place this site at the heart of development and ready for Grand scale development to mixed use commercial and residential. Ground floor retail, ample room for underground and/or interior parking, and 4 stories for retail and condos/apartments situate this multiple parcel / lot property in a premium position for large scale development for the highest and best use. Note: Only a very small portion of one building is leased with the balance being vacant ready for development. **Due Diligence to be completed by buyer at buyer's expense**

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Rental Active

Price

$ 5,600,000

Taxes

$ 55,115

Style

Commercial

Lot Size

0.92

Year Built

1914

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

108757022

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Flat
Zoning CM2
Construction Materials Concrete
Year Built 1914
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Other
Parcel Number R216668
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Ne Sandy Blvd / NE 43rd Avenue
City Portland
MLS Area _142
Lot Size Square Feet 40075.0
Listing Terms Cash Conventional
Tax Annual Amount 55115.33
Property Condition Existing
Virtual Tour https://hollywoodinvestmentproperty.com/gallery/
Lease Type YearsRemaining1to5
Standard Status Active
TaxOtherAnnualAssessmentAmount 0
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 2533.0
Legal Description MENEFEE ADD BLOCK 4 E 75' OF LOT 2&3 lot 4&5MENEFEE ADD Block 4 E 75' OF LOT 1 EXC PT IN ST
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Exterior
Road Frontage 390
Parking Features OffStreet Paved
Water Source PublicWater
Number of Buildings 2
Building Area Total 8474.0
Lot Dimensions Irregular
Lot Size Acres 0.92
Road Surface Type Paved
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Internal Only
Street Number 1 4232
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* Excluded Features
List By
More Realty

Broker

503-516-2520

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$5,600,000 Listed Price

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4232 NE SANDY BLVD, Portland, OR, 97213 is a Property for Rent at $5,600,000 with 8,474 sqft and a lot size of 0.92. 4232 NE SANDY BLVD was built in 1914. The property's zip code is 97213 which is in Portland, OR