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Vacant Masonry Mixed-Use Building
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11 NW 5th Ave, Portland, OR 97209

Street-facing property with a basement, restroom infrastructure, and multimodal transportation access.

Property SizeContact for details
Days on Market4

Property Features for 11 NW 5th Ave

General Information

Standard status Active
Property subtype Retail, Office, Mixed Use
Listing Agency: Commercial Integrity NW
Listed By: Brad Macomber · License #OR#200908061
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 2:28PM

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 Commercial Integrity NW

Investment Insights

Based on property information with market context.

This vacant masonry building presents a street-level commercial presence with efficient interior work areas, existing restroom infrastructure, and a full basement offering roughly 5,000 square feet of lower-level support space. The layout supports occupancy, renovation, or adaptive reuse, subject to applicable requirements.

The property is located in Portland’s historic Old Town/Chinatown district at 11 NW 5th Ave. MAX service, bus routes, bicycle connections, and pedestrian networks are immediately accessible. Burnside Street, dining, nightlife, hotels, employment centers, the Pearl District, and downtown Portland are all identified in the surrounding context.

Key Highlights

  • Masonry building delivered vacant for occupancy, renovation, or adaptive reuse
  • Full basement provides roughly 5,000 square feet of lower‑level support space
  • Streetfront presence with efficient interior work areas

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Veterinary Clinic Tanning Salon Adult Day Care (Bike/Boat/Book/etc) Store Buffet Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

12,611
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - Street-facing property with a basement, restroom infrastructure, and multimodal transportation access.
Where is this mixed-use property located?
The property is located at 11 NW 5th Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,685,000.
What are key features of this property?
This property features: Masonry building delivered vacant for occupancy, renovation, or adaptive reuse; Full basement provides roughly 5,000 square feet of lower‑level support space; Streetfront presence with efficient interior work areas
(503) 218-4380 Call to check price and availability
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