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    731 SW Morrison St Portland, OR 97205

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    For Sale
    Contact for pricing

    Rare redevelopment opportunity in Portland's bustling retail core.

    Property size:
    16,605 SF
    Lot size:
    0.12 Acres

    Property Features for 731 SW Morrison St

    General Information

    Size
    16,605 SF
    Lot size
    0.12 Acres

    Source: Apex Real Estate Partners Agent Nathan Sasaki

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

    Overview

    Redevelopment Opportunity in Central Business District

    This property presents a redevelopment opportunity in the central business district. The building, constructed in 1911, offers historic charm and the potential for reinvention. The building has a total area of approximately 16,605 square feet, including a lower level with approximately 6,923 square feet, a ground level with approximately 5,000 square feet, and a second level with approximately 4,682 square feet. A mezzanine level adds approximately 1,227 square feet. The building spans three stories, and is served by an elevator to all levels. The land size is approximately 5,000 square feet, or approximately 0.11 acres. Zoned CX – Central Commercial, the site allows a maximum height of 460 feet and a FAR of 12:1 (3:1 bonusable).
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6802326
    Latitude
    45.5196715

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    FAQs

    What type of property is this?
    Retail space - Rare redevelopment opportunity in Portland's bustling retail core.
    Where is this retail space located?
    The property is located at 731 SW Morrison St Portland, OR.
    What are key features of this property?
    This property features: - Prime location in the central business district, across from Nordstrom.; - Redevelopment opportunity to create a downtown Portland destination.; - Significant building size: **± 16,605 sf total.**
    (503) 708-3813
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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
    731 SW Morrison St Portland, OR 97205
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