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Trendy North Portland Retail Space
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3965 North Vancouver Avenue, Portland, OR 97227

First-generation retail space with rooftop terrace access in North Portland.

Space Size913 SF - 1,923 SF
Days on Market290

Property Features for 3965 North Vancouver Avenue

General Information

Standard status Active
Size 913 SF - 1,923 SF
Property subtype Retail

Spaces For Lease

at 3965 North Vancouver Avenue Contact us

Suite 151 (Restaurant)

Size
1,923 SF
Availability
Available
Dedicated stairs and elevator leading to rooftop terrace for outdoor seating
Contact us

Suite 152 (Retail)

Size
913 SF
Availability
Available
Contact us
Listing Agency: CBRE | Portland
Listed By: Austin Cain · License #200305153
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 3 Last Checked: Sep 7 at 5:46AM

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 CBRE | Portland

Investment Insights

Based on property information with market context.

This property offers first-generation retail space located in the trendy North Portland district. The space features exclusive staircase and elevator access to a rooftop terrace. Suites can be combined to create larger spaces. The property benefits from excellent freeway access to I-5 and I-405. The property size is 2836 square feet.

Key Highlights

  • First‑generation retail space in trendy North Portland district
  • Exclusive staircase and elevator access to rooftop terrace
  • Excellent freeway access to I‑5/I‑405

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Storage Facility Pet Grooming Service Tanning Salon Butcher

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,739
Businesses Nearby

Demographics for 97227, OR

6,058
Population
3,835
Households
1.6
Avg Household Size
35
Median Age
60%
College-Educated
93%
High-School Grad
1.4 sq mi
ZIP Area
4,327
Density / Sq Mi
$79,161
Median Household Income
$56,098
Median Earnings
$1,609
Median Rent
$595,900
Median Home Value

Market

Lease Benchmarks for Portland, OR

$23.7 /SF/Yr
Avg Asking Price
$14–$38 /SF/Yr
Price Range
23,060 SF
Avg Space Size

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 - First-generation retail space with rooftop terrace access in North Portland.
Where is this retail space located?
The property is located at 3965 North Vancouver Avenue Portland, OR.
What are key features of this property?
This property features: First‑generation retail space in trendy North Portland district; Exclusive staircase and elevator access to rooftop terrace; Excellent freeway access to I‑5/I‑405
More about this property
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