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    1650 NW 21St Ave Portland, OR 97214

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    For Lease
    Contact for pricing

    Retail and restaurant space with exclusive outdoor area available now.

    Property size:
    1,307 SF
    Lot size:
    2.38 Acres

    Property Features for 1650 NW 21St Ave

    General Information

    Size
    1,307 SF
    Lot size
    2.38 Acres

    Source: Commercial Realty Advisors Northwest LLC Agent Rob Kimmelman

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

    Overview

    Retail Space with Outdoor Area

    This retail space, totaling 1307 square feet, is located at street level within Saltwood, shadow-anchored by New Seasons Market and above 354 market-rate residential units. It offers retail and restaurant opportunities with rare, exclusive outdoor space. Neighboring tenants include New Seasons Market, Wells Fargo, Root Whole Body, Orange Theory, Good Coffee, Breakside Brewery, Afuri, Cosube, and Trek. The space is currently available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.9605243
    Latitude
    45.5368615

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    FAQs

    What type of property is this?
    Retail space - Retail and restaurant space with exclusive outdoor area available now.
    Where is this retail space located?
    The property is located at 1650 NW 21St Ave Portland, OR.
    What are key features of this property?
    This property features: - High foot traffic location due to shadow anchoring by New Seasons Market and 354 residential units above.; - Retail and restaurant opportunities with exclusive outdoor space.; - Located in Saltwood, a mixed-use development.
    (503) 449-2591
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    1650 NW 21St Ave Portland, OR 97214
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    Portland, OR 97214
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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
    1650 NW 21St Ave Portland, OR 97214
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