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    620 SW 5Th Ave Portland, OR 97204

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    For Lease
    $22 SF/Yr ($13,852 /Mo)

    Retail space in the heart of Portland's vibrant retail core.

    Property size:
    7,388 SF
    Lot size:
    0.23 Acres

    Property Features for 620 SW 5Th Ave

    General Information

    Size
    7,388 SF
    Lot size
    0.23 Acres

    Source: HSM Pacific Retail Solutions Agent Brock Switzer

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

    Overview

    Prime Retail Space in Portland

    This retail space is located on Alder Street between SW 5th and SW 4th Avenues, in the heart of Portland's retail core. The location serves a region with over 2.4 million people and is situated on the MAX Light Rail line. The property is one block from Pioneer Place Mall and in close proximity to several hotels. The first floor features ceiling heights of 20 feet. There are 1800 parking stalls located within two blocks of the property. The property size is 7388 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lawyers' Campaign for Equal ... Non-Profit Organization Krause Darcia Lawyer Savage Law Firm Personal Injury Attorney Bear Wilner-Nugent, Counselor ... Legal Services J.B. Hunt Transport ... Trucking Company

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6770591
    Latitude
    45.5191682

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    FAQs

    What type of property is this?
    Retail space - Retail space in the heart of Portland's vibrant retail core.
    Where is this retail space located?
    The property is located at 620 SW 5Th Ave Portland, OR.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail space in the heart of Portland's vibrant retail core.; - Located on MAX Light Rail, serving a region with over 2.4 million people.; - Close proximity to Pioneer Place Mall and several hotels.
    (503) 863-3518
    Request Owner's contact information
    620 SW 5Th Ave Portland, OR 97204
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    Portland, OR 97204
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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
    620 SW 5Th Ave Portland, OR 97204
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