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Retail Condo with Available Suite
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1030 NW Johnson St, Portland, OR 97209

86% leased to four tenants, with one suite available for lease-up in Portland’s Pearl District.

Property Size11,346 SF
Price / SF$469.77
Days on Market130

Property Features for 1030 NW Johnson St

General Information

Standard status Active
Size 11,346 SF
Property subtype RETAIL
Occupancy 86%

Building Details

Tenancy Multi
Listing Agency: Northmarq Commercial, LLC
Listed By: Kevin Adatto
Source: Moodyscre
Added: Mar 26 Changed: Jul 30 Last Checked: Jul 30 at 6:57AM

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 Northmarq Commercial, LLC

Investment Insights

Based on property information with market context.

This 11,346 SF retail condo in Portland’s Pearl District is currently 86% leased to four tenants. Yama Sushi & Sake Bar occupies nearly 34% of the GLA, with an available 1,643 SF suite representing a lease-up opportunity.

The tenant roster reflects a varied mix of restaurant, personal service/health, and niche retail. Visage Eyewear has been at the property for 25+ years and recently received a brand new 3-year extension. Pearl Audio Video has operated at the location for over 18 years.

The property is part of The Blocks mixed-use portfolio, which includes 10 buildings and approximately 94,000+ SF of retail. It is also supported by nearby residential condo density, with about 1,200 residential condo units in the surrounding area.

Key Highlights

  • 11,346 SF retail condo in Portland’s Pearl District
  • 86% leased to 4 tenants
  • Yama Sushi & Sake Bar occupies nearly 34% of the GLA

Property Analytics

Current Use

Tanner Place Condominiums Condominium Complex J. Elizabeth Gallagher, ... Spa & Massage Center KJA Investments Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Adult Day Care Tanning Salon Butcher Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

86%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10,398
Businesses Nearby

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 86% leased to four tenants, with one suite available for lease-up in Portland’s Pearl District.
Where is this retail space located?
The property is located at 1030 NW Johnson St Portland, OR.
What is the asking price?
The asking price for this property is $5,330,000.
What are key features of this property?
This property features: 11,346 SF retail condo in Portland’s Pearl District; 86% leased to 4 tenants; Yama Sushi & Sake Bar occupies nearly 34% of the GLA
(503) 998-6572 Call to check price and availability
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