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    320-338 NW 23Rd Ave Portland, OR 97210

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    For Lease
    Contact for pricing

    Prime retail space in Portland's vibrant NW 23rd corridor.

    Property size:
    24,124 SF
    Lot size:
    0.29 Acres

    Property Features for 320-338 NW 23Rd Ave

    General Information

    Size
    24,124 SF
    Lot size
    0.29 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

    NW 23rd Retail Opportunity

    This unique retail opportunity is located in the heart of the NW 23rd retail corridor. The property offers significant street frontage and visibility, ideal for tenant branding, and is situated among Class A retail co-tenants. NW 23rd has a long-standing reputation as a destination for both national and local retail businesses, attracting tourists and residents alike with its active pedestrian streetscape. Neighboring tenants include RH, Snow Peak, Pottery Barn, On Running, Urban Outfitters, and Ethan Allen. Other established NW 23rd tenants in the vicinity include MAC, Lush Cosmetics, Kiehl’s, Warby Parker, Aesop, PrAna, Paper Source, and Arc’teryx. The property includes shared, secure off-street parking in the building's parking garage for customer and employee use. The space, totaling 24,124 square feet, will be available in 2025.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6981278
    Latitude
    45.5252642

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in Portland's vibrant NW 23rd corridor.
    Where is this retail space located?
    The property is located at 320-338 NW 23Rd Ave Portland, OR.
    What are key features of this property?
    This property features: - Iconic street frontage and high visibility in the NW 23rd retail corridor.; - Positioned among Class A retail co-tenancy, including RH, Snow Peak, Pottery Barn, and On Running flagship locations.; - Located in a destination area for retail pedestrian traffic, attracting both tourists and residents.
    (503) 490-7212
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    320-338 NW 23Rd Ave 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
    320-338 NW 23Rd Ave Portland, OR 97210
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