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    2050 NE Hoyt St Portland, OR 97210

    For Lease
    $29 SF/Yr ($3,895 /Mo)

    Retail space in vibrant Kerns neighborhood with high-traffic location.

    Property size:
    1,612 SF
    Lot size:
    0.82 Acres

    Property Features for 2050 NE Hoyt St

    General Information

    Size
    1,612 SF
    Lot size
    0.82 Acres

    Source: Capacity Commercial Group Agent Michelle Rozakis

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

    Overview

    Retail Space in Kerns Neighborhood

    Located on the ground floor of a mixed-use apartment building with 212 market-rate units, this retail space offers frontage along Glisan Street between NE 20th and NE 21st Avenues. The property is situated in the vibrant and eclectic Kerns neighborhood, known for its mix of trendy restaurants and bustling local businesses and thriving arts scene. The location is a prime, high-traffic area with a blend of residential and commercial space in a diverse, walkable environment, near major bus lines and ample street parking. Nearby highlights include Buckman Field Park, Henry Higgins Bagels, VooDoo Donuts, The Pie Spot, Providore Fine Foods, Nova Coffee, Jade Rabbit, Church Bar, Hanna Andersson, and Han Oak. The property, consisting of 1612 square feet, is suitable for beauty, florist, fitness, café, restaurant, wine bar, taphouse, medical, or spa businesses. Retail spaces include exclusive patio space.
    Location Intelligence

    Current Use by Public Records

    Denizen Apartment Building Sitko Skin Facial Spa Denizen Apartments Apartment Complex

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply 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
    -122.696092
    Latitude
    45.526685

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    FAQs

    What type of property is this?
    Retail space - Retail space in vibrant Kerns neighborhood with high-traffic location.
    Where is this retail space located?
    The property is located at 2050 NE Hoyt St Portland, OR.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Prime, high-traffic location on Glisan Street in the vibrant Kern's neighborhood.; - Ground floor retail space in a mixed-use building with 212 market-rate apartments.; - Exclusive patio space included with Restaurant Retail 3 and 4.
    (503) 222-0755
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    2050 NE Hoyt St 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
    2050 NE Hoyt St Portland, OR 97210
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