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    Multnomah Village Retail Opportunity Title is generated by Realmo AI

    7881 SW Capitol Hwy, Portland, OR

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    Retail property in vibrant Multnomah Village, available now.

    Type:RETAIL
    Property size:
    4,616 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $192/SF
    Added:
    Mar 28, 2025
    Days on Market:
    447
    Last Refresh:
    May 20 at 8:05 pm

    Property Features for 7881 SW Capitol Hwy

    General Information

    Standard status
    Active
    Size
    4,616 SF
    Lot size
    0.09 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Kathleen Healy

    Listing agent Kathleen Healy License #200509097

    Listing office Commercial Realty Advisors Northwest LLC

    Listing date Mar 28, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Advisors Northwest LLC

    HighLights

    • Prime location in the heart of vibrant Multnomah Village.
    • Immediate co‑tenancy with established businesses (Consign Couture, Switch, JP General, Peggy Sundays, Yalla, ZoomCare, Fat Kitty, Annie Blooms Books).
    • Suitable for owner/user or investment.
    • Available immediately.
    • High foot traffic area.
    • Diverse mix of neighboring businesses.

    Overview

    This retail property, located in the heart of Multnomah Village, presents an opportunity for an owner-user or investor. The property is surrounded by co-tenants including Consign Couture, Switch, JP General, Peggy Sundays, Yalla, ZoomCare, Fat Kitty, and Annie Blooms Books. The property offers 4,616 square feet of space and is available now.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $83.1k $18.00
    − Vacancy −$6.2k −$1.35
    EGI $76.9k $16.65
    − OpEx −$23.1k −$5.00
    NOI $53.8k $11.66
    4,616 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $768.6K
    $672.5K – $896.7K (±1% cap)
    NOI $53,799 @ 7.0% cap · market cap 6.04%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.30M
    $1.13M – $1.51M (±1% cap)
    NOI $90,740 @ 7.0% cap · market cap 10.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Oregon's Own Dispensary (Bike/Boat/Book/etc) Store cbminc Industrial Manufacturer

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    • SAGE. flowers — 7807 SW Capitol Hwy, Portland, OR 97219

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.715
    Latitude
    45.4679

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    FAQs

    What type of property is this?
    Storefront property - Retail property in vibrant Multnomah Village, available now.
    Where is this storefront property located?
    The property is located at 7881 SW Capitol Hwy Portland, OR.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: Prime location in the heart of vibrant Multnomah Village.; Immediate co‑tenancy with established businesses (Consign Couture, Switch, JP General, Peggy Sundays, Yalla, ZoomCare, Fat Kitty, Annie Blooms Books).; Suitable for owner/user or investment.
    (503) 880-3033 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kathleen Healy
    Real Estate License ID: 200509097
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