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Grace LaPena
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4232 NE Sandy Blvd, Portland, OR 97213

$5,600,000
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Property Description

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**

4232 NE Sandy Blvd | MLS# 108757022

This commercial property located at 4232 NE Sandy Blvd, Portland, OR 97213 is currently listed for sale with an asking price of $5,600,000. Search Portland real estate on gracelapena.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Electricity
Heating: Forced Air
Lot Size: 0.92 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $55,115
Year Built: 1914
Square Feet: 8,474

Feature Descriptions

Lease Information: $2533.00 (Amount), $2523.00 (Deposit)
Loading Information: TruckDock
Lot Dimensions: Irregular
Parking Notes: OffStreet, Paved
Present Use: Other
Road Surface: Paved
Sewer: Public Sewer
Truck Door: Dock
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: MORE Realty
Agency Contact: 503-516-2520

Shown By

Agent Name: Grace LaPena
Agent Phone: (541) 323-2779
Agency Title: Bend Premier Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 10:40:10 AM EST) or RMLS (last updated Fri 07/10/2026 1:50:24 AM EST) or COAR/MLSCO (last updated Fri 07/10/2026 8:13:48 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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