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    1-39 NW 23Rd Pl Portland, OR 97210

    For Lease
    Contact for pricing

    Prominent retail spaces in Portland's affluent Uptown District.

    Property size:
    4,338 SF
    Lot size:
    3.44 Acres

    Property Features for 1-39 NW 23Rd Pl

    General Information

    Size
    4,338 SF
    Lot size
    3.44 Acres

    Source: Commercial Realty Advisors Northwest LLC Agent Jeff Olson

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

    Overview

    Historic Retail Center in Uptown

    This historic grocery and drug-anchored center is situated at the foot of the city’s most affluent neighborhoods. Located in the heart of the urban Uptown District, recognized as Oregon’s first shopping center, it connects Portland’s urban core with the affluent West Hills. The property features prominent retail spaces with visibility to Burnside and windows overlooking the NW 23rd shopping corridor. Uptown is the only center in the area offering plentiful and convenient off-street customer parking. The property is suitable for daily needs grocery and pharmacy, upscale restaurants and apparel. Health, beauty, food, and home categories excel in this trade area. The available retail space is 4338 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Similar Places Nearby

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    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.7003134
    Latitude
    45.524249

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    FAQs

    What type of property is this?
    Shopping center - Prominent retail spaces in Portland's affluent Uptown District.
    Where is this shopping center located?
    The property is located at 1-39 NW 23Rd Pl Portland, OR.
    What are key features of this property?
    This property features: - Anchored by a historic grocery/drug store, providing consistent customer traffic.; - Plentiful and convenient off-street customer parking, a unique advantage in the area.; - Located in the heart of the urban Uptown District, connecting Portland's urban core with affluent neighborhoods.
    (503) 274-0211
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    1-39 NW 23Rd Pl 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
    1-39 NW 23Rd Pl Portland, OR 97210
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