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    2123 SE Division St Portland, OR 97202

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    For Lease
    $26 SF/Yr ($3,091 /Mo)

    Retail space with off-street parking in high-traffic area.

    Property size:
    1,400 SF
    Lot size:
    0.13 Acres

    Property Features for 2123 SE Division St

    General Information

    Size
    1,400 SF
    Lot size
    0.13 Acres

    Source: NAI Elliott Agent Justin Darling

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

    Overview

    Division Street Retail Space Available

    This 1,400-square-foot retail space is available for rent. The property features a simple, open shell, allowing for quick tenant buildout. A rare asset is the off-street parking. The space is ideal for retail, service retail, or boutique uses. The property benefits from excellent visibility and walkability, situated in a high-traffic retail and restaurant district.
    Insight Report Location Intelligence

    Current Use by Public Records

    Nectar Cannabis Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6439863
    Latitude
    45.5050379

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    FAQs

    What type of property is this?
    Retail space - Retail space with off-street parking in high-traffic area.
    Where is this retail space located?
    The property is located at 2123 SE Division St Portland, OR.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Rare off-street parking on Division; - Located in a high-traffic retail and restaurant district; - Excellent visibility and walkability
    (503) 457-2990
    Request Owner's contact information
    2123 SE Division St Portland, OR 97202
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    Portland, OR 97202
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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
    2123 SE Division St Portland, OR 97202
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