3639 N Mississippi PORTLAND, OR 97227
N Mississippi Avenue
FOR SALE
Prime Location Unique Owner/User Opportunity
3639 N MISSISSIPPI AVE For Sale PROPERTY HIGHLIGHTS Located in the heart of Portland’s vibrant Mississippi Avenue corridor, 3639 North Mississippi Avenue is an owner-occupied industrial/flex property totaling approximately 18,358 square feet across two interconnected buildings on three contiguous tax parcels. The site functions as a single operational facility occupied by related entities. Building 1 (7,925 SF) includes primarily warehouse space with ±425 SF of office/flex area and limited on-site parking, while Building 2 (10,433 SF) features ±2,900 SF of office/flex space, ±808 SF of basement flex area, and the balance as warehouse.
ZONING & PERMITTED USE The property is zoned Commercial/Mixed Use 3 (CM3) with a Design Overlay (“d”), providing flexibility for a broad range of commercial and residential uses. The CM3 zone is intended to accommodate medium- to high-intensity development in areas well-served by transit and amenities, making it ideal for mixeduse, office, retail, creative, or multifamily redevelopment. The Design Overlay ensures that future improvements enhance the area’s architectural character and pedestrian environment. This zoning designation allows for heights up to 65 feet, subject to design review, and encourages projects that contribute to the walkable, community-oriented fabric of Mississippi Avenue.
CONTACT BROKERS FOR PRICING
3639 N MISSISSIPPI AVE PROPERTY HIGHLIGHTS For Sale
Floor Area Ration (FAR):
Property Type:
Industrial/ Flex
Land Size (SF):
± 20,000 SF
Land Size (AC):
± 0.46 AC
Opportunity Zone:
Building Size (Total SF):
±18,358 SF
Enterprise Zone:
Zoning: Maximum Height: Parking:
Neighborhood:
3:1 (5:1 w/ bonus) Boise No Yes - Enterprise & E-Com Zone
CM3 - Commercial Mixed- Use 3
TIF District:
Yes - Interstate Corridor
65' (120' w/ bonuses)
Parcel ID(s):
R223806, R223807, R223808
± 2,400 SF of asphalt-paved yard
3639 N MISSISSIPPI AVE For Sale
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TRANSPORTATION SCORE
Kate's Ice Cream
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Perfectly positioned along North Mississippi Ave, one of Portland’s most recognizable retail corridors, the property offers standout visibility and quick access to I-5. The district is a destination in its own right, known for its mix of standout restaurants, coffee shops, breweries, and boutique retailers that draw steady foot traffic throughout the day and into the evening. With its constant buzz, strong pedestrian activity, and authentic neighborhood energy, it is a location that blends everyday convenience with a vibrant
N Failing St N Missouri Ave
HIGH VISIBILITY LOCATION IN VIBRANT NEIGHBORHOOD
N Cook St
3639 N Mississippi PORTLAND, OR 97232
Exclusively Represented By Apex Real Estate Partners 415 NW 11th Avenue Portland, OR 97209 +1.503.595.2840 www.apexcre.com
Dan Ostrander, Broker
+1.503.447.6701 dan.ostrander@apexcre.com
Nathan Oakley, Broker +1.503.592.7446 oakley@apexcre.com
Natasha Khanna, Broker
+1.971.403.8300 natasha@apexcre.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing condition imposed by our principals.