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1021 Northeast Grand Avenue Portland, OR 97232

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For Sale
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Convention-adjacent hospitality property in Portland, benefiting from recovering market.

Added:
Mar 5, 2026
Days on Market:
27
Last Refresh:
Mar 25 at 8:29 pm

Property Features for 1021 Northeast Grand Avenue

General Information

Standard status
Active

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Listing Contact
Joseph Cuomo

Listing agent Joseph Cuomo License #FL #SL3614391

Listing office

Listing date Mar 5, 2026

Source Alchemyrea

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Joseph Cuomo


Overview

Portland Hospitality Property For Sale

Portland's lodging market is showing signs of stabilization, driven by increased visitation and a focus on downtown and convention-related recovery. The Oregon Convention Center is experiencing a gradual return of citywide conventions and regional events, which is particularly beneficial for nearby hotels. Portland serves as a major West Coast gateway with a diverse economy supported by technology, athletic and apparel companies, healthcare, advanced manufacturing, and logistics. Major employers such as Nike, Intel, Adidas North America, Daimler Trucks North America, and Providence Health contribute to a strong corporate demand base. Ongoing public and private sector investments in infrastructure, transit, and event programming aim to revitalize the urban core. As demand normalizes, well-located assets near the convention center are expected to be among the first to benefit from the recovery. Recent high-profile office transactions in downtown Portland indicate renewed deal flow and investor willingness to transact at reset values, suggesting a return of liquidity to the market. The property is located at 1021 Northeast Grand Avenue, Portland, OR 97232.
Location Intelligence

Current Use by Public Records

Hotel Eastlund Hotel & Motel The Cosmopolitan Ballroom Hotel & Motel Tesla Destination Charger Electric Vehicle Charging Station Metropolitan Tavern Restaurant Amazing Family Getaway! ... Hotel & Motel

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.661
Latitude
45.5304

FAQs

What type of property is this?
Hotel - Convention-adjacent hospitality property in Portland, benefiting from recovering market.
Where is this hotel located?
The property is located at 1021 Northeast Grand Avenue Portland, OR.
What are key features of this property?
This property features: Located adjacent to the Oregon Convention Center, benefiting from its recovery and events.; Positioned to be among the first beneficiaries of lodging market recovery as demand normalizes.; Portland is a major West Coast gateway with a diversified economy.
More about this property
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