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    717 SW Alder St Portland, OR 97205

    For Lease
    Contact for pricing

    Historic building with retail space available for lease.

    Property size:
    3,327 SF
    Lot size:
    0.22 Acres

    Property Features for 717 SW Alder St

    General Information

    Size
    3,327 SF
    Lot size
    0.22 Acres

    Source: Commercial Realty Advisors Northwest LLC Agent Kathleen Healy

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

    Overview

    Prime Retail Space in Portland

    This historic building, originally constructed in the early 1900s, offers a retail opportunity. The building features 158,000 square feet of class-A office space above the ground floor retail area. A full-scale redevelopment of the retail facade is planned to start in early 2025, which includes redesign and replacement of the existing storefront glazing, updated signage, and new awnings. The property is suitable for an anchor retailer, boutique retail, or restaurant. There is a potential marquee signage opportunity on the corner of Broadway and Alder for an anchor retail tenant. The property is located adjacent to The Ritz Carlton and near Mahler Jewelers, Nordstrom, Mercantile, Wild Fang, and Frances May. The available retail space is 3,327 square feet.
    Location Intelligence

    Current Use by Public Records

    Zelda's Shoe Bar Shoe Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.679837
    Latitude
    45.520402

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    FAQs

    What type of property is this?
    Retail space - Historic building with retail space available for lease.
    Where is this retail space located?
    The property is located at 717 SW Alder St Portland, OR.
    What are key features of this property?
    This property features: - Full scale retail facade redevelopment starting in 2025.; - Class-A office space above ground floor retail in a historic building.; - Excellent anchor retailer, boutique retail, and restaurant opportunity.
    (503) 880-3033
    Request Owner's contact information
    717 SW Alder St Portland, OR 97205
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    Portland, OR 97205
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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
    717 SW Alder St Portland, OR 97205
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