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    4829-4839 NE 42Nd Ave Portland, OR 97218

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    For Lease
    $27 SF/Yr ($3,375 /Mo)

    Retail or small office space in vibrant commercial district.

    Property size:
    1,500 SF
    Lot size:
    0.23 Acres

    Property Features for 4829-4839 NE 42Nd Ave

    General Information

    Size
    1,500 SF
    Lot size
    0.23 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 in Prime Location

    This retail space is situated in a prime location along the 42nd Avenue commercial district, near the Alberta Arts District. The mid-century modern building features large storefront windows. The property, suitable for retail or a small office, benefits from a strong daytime population and residency with a high base income. The neighborhood is conducive to walking and biking, with many small businesses nearby. The property includes two off-street parking spaces for owner or employee use. Pylon signage is available. The property offers 1500 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6207157
    Latitude
    45.5580654

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    FAQs

    What type of property is this?
    Retail space - Retail or small office space in vibrant commercial district.
    Where is this retail space located?
    The property is located at 4829-4839 NE 42Nd Ave Portland, OR.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the 42nd Ave commercial district, near Alberta Arts District.; - Suitable for retail or small office use.; - Two off-street parking spaces included.
    (503) 449-2591
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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
    4829-4839 NE 42Nd Ave Portland, OR 97218
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