Portland Hospitality Property For
For Sale
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1021 Northeast Grand Avenue, Portland, OR 97232
Convention-adjacent hospitality property in Portland, benefiting from recovering market.
Days on Market148
Property Features for 1021 Northeast Grand Avenue
General Information
Standard status
Active
Property subtype
Traditional
Listing Agency:
(646) 425-5632
Listed By:
Joseph Cuomo · License #FL #SL3614391
Source:
Alchemyrea
Added: Mar 5
Changed: Jul 6
Last Checked: Jul 30 at 3:33AM
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 Joseph Cuomo
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,569
Businesses Nearby
Explore this area
Business Placement
Demographics for 97232, OR
15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 Avenue 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.
