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Multi-Tenant Retail Building
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2001 SE 11th Ave, Portland, OR 97214

Multi-tenant building with three suites, including one ground-floor vacancy and two long-tenured food and beverage tenants.

Property Size3,525 SF
Lot Size0.03 Acres
Days on Market146

Property Features for 2001 SE 11th Ave

General Information

Standard status Active
Size 3,525 SF
Lot size 0.03 Acres
Property subtype Retail
Zoning EX

Building Details

Year Built 1909
Tenancy Multi
Listing Agency: RMS Investment Real Estate LLC
Listed By: Roman Morrongiello · License #OR 201236307
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 8:29AM

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 RMS Investment Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1909, this multi-tenant commercial building contains three ground-level, second-floor, and basement suites totaling 3,525 square feet of gross leasable area. The ground floor suite is currently vacant, while the second-floor suite is occupied by L’Orange, a wine-focused restaurant. The basement has been occupied by Cellar Door Coffee Roasters for over 10 years.

The property is located on the corner of SE 11th & Harrison in inner southeast Portland’s Hosford-Abernathy neighborhood, five blocks between Division and Hawthorne, at the edge of the central eastside industrial district. The site totals 1,297 square feet and is zoned EX (Central Employment), supporting a full range of commercial, industrial, and residential uses.

The second-floor tenant executed a new three-year lease in April 2023, and the basement tenant extended the lease in July 2023, with occupancy scheduled through April 2026. The current ground-floor vacancy provides leasing flexibility for investors and owner-users.

Key Highlights

  • Built in 1909 multi‑tenant commercial building with 3 suites and 3,525 SF total gross leasable area
  • 1,175 SF ground‑floor suite is currently vacant, creating leasing/owner‑user flexibility
  • Second‑floor suite (~1,175 SF) leased to L’Orange with a new three‑year lease executed April 2023

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Florist Daycare Center Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,594
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-tenant building with three suites, including one ground-floor vacancy and two long-tenured food and beverage tenants.
Where is this retail space located?
The property is located at 2001 SE 11th Ave Portland, OR.
What are key features of this property?
This property features: Built in 1909 multi‑tenant commercial building with 3 suites and 3,525 SF total gross leasable area; 1,175 SF ground‑floor suite is currently vacant, creating leasing/owner‑user flexibility; Second‑floor suite (~1,175 SF) leased to L’Orange with a new three‑year lease executed April 2023
More about this property
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