1021 Northeast Grand Ave Portland, OR 97232
Convention-adjacent hospitality property in Portland, benefiting from recovering market.
Source:
Alchemyrea
Listing Agent: Joseph Cuomo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Portland Hospitality Property For Sale
Portland's lodging market is showing signs of stabilization, driven by increased visitation and a focus on downtown and convention-related recovery. The Oregon Convention Center is experiencing a gradual return of citywide conventions and regional events, which is particularly beneficial for nearby hotels. Portland serves as a major West Coast gateway with a diverse economy supported by technology, athletic and apparel companies, healthcare, advanced manufacturing, and logistics. Major employers such as Nike, Intel, Adidas North America, Daimler Trucks North America, and Providence Health contribute to a strong corporate demand base. Ongoing public and private sector investments in infrastructure, transit, and event programming aim to revitalize the urban core. As demand normalizes, well-located assets near the convention center are expected to be among the first to benefit from the recovery. Recent high-profile office transactions in downtown Portland indicate renewed deal flow and investor willingness to transact at reset values, suggesting a return of liquidity to the market. The property is located at 1021 Northeast Grand Avenue, Portland, OR 97232.
Location Intelligence
Current Use by Public Records
Hotel Eastlund
Hotel & Motel
The Cosmopolitan Ballroom
Hotel & Motel
Tesla Destination Charger
Electric Vehicle Charging Station
Metropolitan Tavern
Restaurant
Amazing Family Getaway! ...
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6611479
- Latitude
- 45.5304382
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Convention-adjacent hospitality property in Portland, benefiting from recovering market.
Where is this hotel located?
The property is located at 1021 Northeast Grand Ave Portland, OR.
What are key features of this property?
This property features: - Located adjacent to the Oregon Convention Center, benefiting from its recovery and events.; - Positioned to be among the first beneficiaries of lodging market recovery as demand normalizes.; - Portland is a major West Coast gateway with a diversified economy.
