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    1128 SW Alder St Portland, OR 97214

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    For Lease
    $35 SF/Yr ($2,041 /Mo)

    Prime location with kitchen infrastructure and sidewalk seating.

    Property size:
    700 SF
    Lot size:
    0.23 Acres

    Property Features for 1128 SW Alder St

    General Information

    Size
    700 SF
    Lot size
    0.23 Acres

    Source: Commercial Realty Advisors Northwest LLC Agent Kathleen Healy

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

    Overview

    Retail Space in Tourist District

    This 700-square-foot retail space is situated in a prime location within the heart of the tourist district, which includes over 8 hotels in a three-block area. The space includes a Type I hood, grease interceptor, and other kitchen infrastructure. An outside sidewalk seating area is available. Adjacent tenants include Multnomah Whiskey Library, Based General Store, Toasted S’mores Bar, and Petunia’s Pies & Pastries. Nearby businesses include Hachi, Dolly Olive, Bar Dolly, Tanaka, Hyatt Centric, KB & Co, Machus, Halo Shoes, Milworks, and Stumptown Coffee.
    Location Intelligence

    Current Use by Public Records

    Lil' Shalom Cafe

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Law Firm Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6835649
    Latitude
    45.5209296

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    FAQs

    What type of property is this?
    Retail space - Prime location with kitchen infrastructure and sidewalk seating.
    Where is this retail space located?
    The property is located at 1128 SW Alder St Portland, OR.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of the tourist district with over 8 hotels in a three-block area.; - Existing kitchen infrastructure including a type I hood and grease interceptor.; - Adjacent to high-profile tenants such as Multnomah Whiskey Library, Based General Store, and Petunia’s Pies & Pastries.
    (503) 880-3033
    Request Owner's contact information
    1128 SW Alder St 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
    1128 SW Alder St Portland, OR 97214
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