Leased Retail Condo in
1133 NW 11th Ave Portland, OR 97209
For Sale
Contact for pricing
Retail condo totaling 7,560 SF with 90% occupancy by four restaurant and health/wellness tenants.
Property Size7,560 SF
Price / SF$511.90
Days on Market121
Property Features for 1133 NW 11th Ave
General Information
- Standard status
- Active
- Size
- 7,560 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Mar 25
Changed: Jul 23
Last Checked: Jul 23 at 9:45AM
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 - Seattle
Investment Insights
Based on property information with market context.
This 7,560 SF retail condo in Portland’s Pearl District is currently 90% leased to four tenants representing restaurant and health/wellness uses. Tenancy is primarily service-based and appointment driven, and the asset benefits from strong retention, including operators in place for 10+ years. Kanani Pearl Spa and Via Delizia have both been in operation since 2004, with Via Delizia described as a neighborhood staple.
The property is part of The Blocks mixed-use portfolio, which includes 10 buildings and approximately 94,000+ SF of retail. The tenant base is supported by nearby residential condo density, with remarks citing approximately 1,200 residential condo units in the surrounding area.
As offered, the space provides a stabilized, multi-tenant retail configuration with a mix of dining and wellness-oriented uses under one ownership structure.
The property is part of The Blocks mixed-use portfolio, which includes 10 buildings and approximately 94,000+ SF of retail. The tenant base is supported by nearby residential condo density, with remarks citing approximately 1,200 residential condo units in the surrounding area.
As offered, the space provides a stabilized, multi-tenant retail configuration with a mix of dining and wellness-oriented uses under one ownership structure.
Key Highlights
- 7,560 SF retail condo in Portland’s Pearl District
- 90% leased to four tenants with restaurant and health/wellness uses
- Tenant mix includes Kanani Pearl Spa and Via Delizia, both in place since 2004
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FAQs
What type of property is this?
Retail space - Retail condo totaling 7,560 SF with 90% occupancy by four restaurant and health/wellness tenants.
Where is this retail space located?
The property is located at 1133 NW 11th Ave Portland, OR.
What is the asking price?
The asking price for this property is $3,870,000.
What are key features of this property?
This property features: 7,560 SF retail condo in Portland’s Pearl District; 90% leased to four tenants with restaurant and health/wellness uses; Tenant mix includes Kanani Pearl Spa and Via Delizia, both in place since 2004
