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    921-998 SW Morrison St Portland, OR 97205

    For Lease
    Contact for pricing

    Prime retail location in the heart of Downtown Portland.

    Property size:
    34,300 SF
    Lot size:
    0.92 Acres

    Property Features for 921-998 SW Morrison St

    General Information

    Size
    34,300 SF
    Lot size
    0.92 Acres

    Source: HSM Pacific Retail Solutions Agent Michael Heerman

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

    Overview

    Downtown Portland Retail Space Available

    Located in Downtown Portland's retail core, this retail space offers 34,300 square feet. The site is surrounded by over 4,000 hotel rooms, including the recently opened Ritz-Carlton, which is adjacent to the location. The property is adjacent to a Smart Park, providing access to 795 parking spots available on an hourly, daily, and monthly basis. Public transportation is easily accessible, with stops just steps away from the site.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.68141
    Latitude
    45.5202065

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    FAQs

    What type of property is this?
    Retail space - Prime retail location in the heart of Downtown Portland.
    Where is this retail space located?
    The property is located at 921-998 SW Morrison St Portland, OR.
    What are key features of this property?
    This property features: - Located in Downtown Portland's retail core; - Surrounded by over 4,000 hotel rooms; - Adjacent to Smart Park with **795 parking spots**
    (503) 863-3517
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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
    921-998 SW Morrison St Portland, OR 97205
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