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Corner Restaurant Condo
For Sale
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Pending

1131 Nw Hoyt St, Portland, OR 97209

Commercial condominium with restaurant improvements, secured garage storage, and one dedicated parking space.

Property Size1,780 SF
Days on Market147

Property Features for 1131 Nw Hoyt St

General Information

Standard status Pending
Size 1,780 SF
Total Parking Spaces 1
Property subtype Retail

Additional Details

Corner Location Yes
Listing Agency: Windermere Realty Trust
Listed By: Andrew Pienovi · License #OR 200311149
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:58AM

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 Windermere Realty Trust

Investment Insights

Based on property information with market context.

This commercial condominium comprises a 1,780 SF restaurant unit with a corner position, abundant natural light, and an existing restaurant-oriented layout. The space may also be reconfigured for retail, creative, or service uses. Furniture, fixtures, and equipment are negotiable with the sale.

The unit includes one parking space and storage within a secured garage. A building exterior re-clad project completed in 2020 provides a recent update to the property’s exterior. The address is in Portland’s Pearl District, with the source information noting pedestrian activity and corner exposure.

Key Highlights

  • 1,780 SF commercial condominium restaurant unit
  • Corner position with natural light and pedestrian activity
  • One parking space plus storage in a secured garage

Property Analytics

Current Use

Verde Cocina en ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon Butcher Supermarket 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.

Location Intelligence

Trade Area within ½ mile

10,690
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial condominium with restaurant improvements, secured garage storage, and one dedicated parking space.
Where is this conventional restaurant located?
The property is located at 1131 Nw Hoyt St Portland, OR.
What are key features of this property?
This property features: 1,780 SF commercial condominium restaurant unit; Corner position with natural light and pedestrian activity; One parking space plus storage in a secured garage
(503) 913-1200 Call to check price and availability
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