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Second-Story Retail Space with Bar
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118-128 NW 23rd Ave, Portland, OR 97210

Full-floor second-story retail space with open layout, built-in bar, and kitchen, suited for A3 service retail uses.

Property Size4,750 SF
Days on Market1756

Property Features for 118-128 NW 23rd Ave

General Information

Standard status Active
Size 4,750 SF
Property subtype RETAIL

Additional Details

Floor 2

Amenities

built-in bar
kitchen
Listing Agency: Debbie Thomas Real Estate
Listed By: Debbie Thomas
Source: Moodyscre
Added: Oct 12, 2021 Changed: Jul 30 Last Checked: Aug 1 at 12:16PM

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 Debbie Thomas Real Estate

Investment Insights

Based on property information with market context.

This full-floor second-story retail space offers an open layout designed for a range of service-oriented retail uses. The space includes a built-in bar and a kitchen, providing key back-of-house and customer-facing functionality in one plan.

The property is located on busy NW 23rd Avenue in Portland, with convenient access via bus and Streetcar. It sits just steps from local shops, eateries, bars, and other neighborhood establishments, supporting strong day-to-day foot traffic from both local and tourist activity.

An occupancy rating of A3 supports service retail options, making the space a practical fit for tenants looking for a second-story format with hospitality-style amenities like a built-in bar and kitchen.

Key Highlights

  • Full‑floor second‑story retail space
  • Open layout with built‑in bar
  • Kitchen included

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Daycare Center Tanning Salon Plumbing 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,754
Businesses Nearby

Demographics for 97210, OR

13,016
Population
7,910
Households
1.6
Avg Household Size
38
Median Age
76%
College-Educated
97%
High-School Grad
8.9 sq mi
ZIP Area
1,462
Density / Sq Mi
$87,942
Median Household Income
$66,429
Median Earnings
$1,577
Median Rent
$991,500
Median Home Value

Market

Lease Benchmarks for Portland, OR

$25.51 /SF/Yr
Avg Asking Price
$10–$48 /SF/Yr
Price Range
116,503 SF
Avg Space Size

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 - Full-floor second-story retail space with open layout, built-in bar, and kitchen, suited for A3 service retail uses.
Where is this retail space located?
The property is located at 118-128 NW 23rd Ave Portland, OR.
What are key features of this property?
This property features: Full‑floor second‑story retail space; Open layout with built‑in bar; Kitchen included
(503) 226-2141 Call to check price and availability
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