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    685 SE Belmont St Portland, OR 97214

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    For Lease
    Contact for pricing

    Ground floor retail space in a mixed-use building available now.

    Property size:
    870 SF
    Lot size:
    0.85 Acres

    Property Features for 685 SE Belmont St

    General Information

    Size
    870 SF
    Lot size
    0.85 Acres

    Source: Commercial Realty Advisors Northwest LLC Agent Ashley Heichelbech

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Mixed-Use Building

    This ground floor commercial space is located within a mixed-use building. Specifically, it is a second-generation retail/salon space identified as suite B1, fronting SE Morrison Street. The Modera community encompasses 200 apartment homes situated above 11,362 square feet of ground floor retail. The available space is 870 square feet. The property is located near Hat Yai, Pop Pizza, The Portland Girl, Hit the Spot, Skin Suite Medical Aesthetics, Robo Taco, Voicebox, Loyal Legion, River City Bicycles, and Afuri. Berlu is an upcoming addition to the neighborhood. The space is available now.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Modera Belmont Apartment Complex Lazaris Design Agency Fire Pit Home Goods Store

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Pharmacy Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6582
    Latitude
    45.516554

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    FAQs

    What type of property is this?
    Retail space - Ground floor retail space in a mixed-use building available now.
    Where is this retail space located?
    The property is located at 685 SE Belmont St Portland, OR.
    What are key features of this property?
    This property features: - High-traffic location on SE Morrison Street.; - Ground floor commercial space in a mixed-use building with 200 apartment homes above.; - Second generation retail/salon space ready for immediate occupancy.
    (503) 490-7212
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    685 SE Belmont St Portland, OR 97214
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    Portland, OR 97214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    685 SE Belmont St Portland, OR 97214
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