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    2321 NW Westover Rd Portland, OR 97210

    For Lease
    Contact for pricing

    Retail opportunity in NW 23rd's Alphabet District gateway.

    Property size:
    18,975 SF
    Lot size:
    0.86 Acres

    Property Features for 2321 NW Westover Rd

    General Information

    Size
    18,975 SF
    Lot size
    0.86 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 Thiele Square

    This retail opportunity is located at the iconic gateway to the Alphabet District at W. Burnside and NW Westover. It is situated in Thiele Square, which features an established array of retail offerings, dedicated parking, and visibility and access to the NW 23rd retail corridor and the Nob Hill trade area. Thiele Square is shadow anchored on W Burnside by Zupan’s Market and is adjacent to Uptown Shopping Center. Other area retailers include Petco, Twist, Pottery Barn, Ethan Allen, King Living’s first Pacific Northwest showroom (coming soon!), and Restoration Hardware. Off-street customer parking is available in the dedicated adjacent parking flat lot and parking garage. The property size is 18975 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery Store

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

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Thiele Square, Uptown Shopping Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6991953
    Latitude
    45.5238248

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    FAQs

    What type of property is this?
    Shopping center - Retail opportunity in NW 23rd's Alphabet District gateway.
    Where is this shopping center located?
    The property is located at 2321 NW Westover Rd Portland, OR.
    What are key features of this property?
    This property features: - Unbeatable visibility and access to NW 23rd retail corridor and Nob Hill trade area.; - Dedicated off-street customer parking in adjacent flat lot and parking garage.; - Located in NW 23rd’s iconic gateway to the Alphabet District.
    (503) 490-7212
    Request Owner's contact information
    2321 NW Westover Rd Portland, OR 97210
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    Portland, OR 97210
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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
    2321 NW Westover Rd Portland, OR 97210
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