Retail Building with
For Sale
Contact for pricing
1163 NE 63rd Ave, Portland, OR 97213
Retail building includes 2,500 SF of office space and fenced, paved parking on a 0.75-acre lot.
Property Size18,800 SF
Lot Size0.75 Acres
Price / SF$156.91
Days on Market145
Property Features for 1163 NE 63rd Ave
General Information
Standard status
Active
Size
18,800 SF
Lot size
0.75 Acres
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
No
Listing Agency:
Capacity Commercial Group
(503) 816-3925
Listed By:
Ryan Bowers
(503) 816-3925
Source:
Moodyscre
Added: Mar 11
Changed: Jul 28
Last Checked: Jul 28 at 9:46PM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
This for-sale retail property totals 18,800 SF and includes 2,500 SF of office space. The offering sits on a 0.75-acre lot with fenced, paved parking.
The building provides easy access to I-84, I-205, and I-5, with excellent interstate exposure. The space is available now.
Designed to support retail with onsite office component and parking for visitors and customers, the layout and exterior improvements are intended for everyday commercial operations.
The building provides easy access to I-84, I-205, and I-5, with excellent interstate exposure. The space is available now.
Designed to support retail with onsite office component and parking for visitors and customers, the layout and exterior improvements are intended for everyday commercial operations.
Key Highlights
- 18,800 SF retail building with 2,500 SF of office space
- 0.75‑acre lot with fenced, paved parking
- Easy access to I‑84, I‑205, and I‑5
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $338.4k | $18.00 |
| − Vacancy | −$25.4k | −$1.35 |
| EGI | $313.0k | $16.65 |
| − OpEx | −$93.9k | −$5.00 |
| NOI | $219.1k | $11.66 |
18,800 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.13M
$2.74M – $3.65M
NOI $219,114 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.28M
$4.62M – $6.16M
NOI $369,565 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 97213, OR
31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building includes 2,500 SF of office space and fenced, paved parking on a 0.75-acre lot.
Where is this retail space located?
The property is located at 1163 NE 63rd Ave Portland, OR.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 18,800 SF retail building with 2,500 SF of office space; 0.75‑acre lot with fenced, paved parking; Easy access to I‑84, I‑205, and I‑5
