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Mixed-Use Event Space and SROs
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Pending

26-32 NW 4th Ave, Portland, OR 97209

Mixed-use property includes 3,000 SF of operating event space and nine SRO units with a shared kitchen.

Property Size3,000 SF
Days on Market125

Property Features for 26-32 NW 4th Ave

General Information

Standard status Pending
Size 3,000 SF
Property subtype Mixed Use, Retail

Additional Details

Traffic Count 21,423 vehicles/day
Multifamily Units 9
Listing Agency: Commercial Integrity NW
Listed By: Justin Poor · License #OR 200705229
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 12:52PM

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 Commercial Integrity NW

Investment Insights

Based on property information with market context.

This mixed-use property is currently operated as an event space and includes nine single-room-occupancy (SRO) units that share a kitchen. The asset also features approximately 3,000 SF of event space operating as Shake Bar (nightclub).

Located in the heart of Old Town, the property benefits from exposure within a dense concentration of nightlife and entertainment venues and is described as being one block from a retail corridor. The public remarks also note visibility and signage with a direct line of sight through Portland’s Chinatown Gateway to W Burnside, along with exposure to 21,423+ VPD.

The combined setup provides both an operating event component and SRO residential income units within the same facility.

Key Highlights

  • Mixed‑use asset with 3,000 SF of operating event space (Shake Bar nightclub) and nine SROs
  • 9 single‑room‑occupancy units with a shared kitchen
  • Located in the heart of Old Town

Property Analytics

Current Use

Night clubs

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care Buffet Pet Grooming Service

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

9
Residential units
21,423 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

9,062
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Similar Off Market Nearby

  • Proof•Reader Whiskey + Craft + Kitchen, Restaurant & Bar Portland Marriott Downtown Waterfront, 1401 SW Naito Pkwy, Portland, OR 97201
  • Martini Bar 222 sw clay st, portland, or 97201
  • Harveys comedy club portland, or 97201
  • xport bar & lounge 1355 sw 2nd ave, portland, or 97201
  • The Xport Rooftop Lounge 1355 SW 2nd Ave, Portland, OR 97201

Frequently Asked Questions

What type of property is this?
Night club - Mixed-use property includes 3,000 SF of operating event space and nine SRO units with a shared kitchen.
Where is this night club located?
The property is located at 26-32 NW 4th Ave Portland, OR.
What are key features of this property?
This property features: Mixed‑use asset with 3,000 SF of operating event space (Shake Bar nightclub) and nine SROs; 9 single‑room‑occupancy units with a shared kitchen; Located in the heart of Old Town
(503) 218-4380 Call to check price and availability
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