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Chinatown Retail Space Available
For Lease
$12 SF/Yr

140 NW 4th Ave, Portland, OR 97209

Retail spaces available in Portland's historic Old Town Chinatown.

Space Size1,361 SF - 3,290 SF
Property Size33,692 SF
Days on Market207

Property Features for 140 NW 4th Ave

General Information

Standard status Active
Size 1,361 SF - 3,290 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 33,692 SF

Spaces For Lease

at 140 NW 4th Ave Contact us

Retail 1 $15/SF/Yr

Size
1,361 SF
Term
Negotiable
Contact us

Retail 3 $13/SF/Yr

Size
1,644 SF
Term
Negotiable
Contact us

Retail 4 $12/SF/Yr

Size
3,290 SF
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Apr 5 at 8:31PM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

Located in Portland's historic Old Town Chinatown, this building offers retail spaces ranging from approximately 1,243 to 3,290 square feet. The building itself measures approximately 33,692 square feet. The available spaces are move-in ready, and tenant improvements are negotiable. The property has undergone extensive renovations, including a new roof. The second floor is fully leased to a national credit tenant. Situated in a vibrant community known for its creative atmosphere, the location is a cultural hub for the city's Asian American community, with a focus on Chinese heritage. The property is positioned on the corner of NW 4th Avenue and NW Davis Street, within walking distance of numerous shops, restaurants, cafes, and cultural attractions. It also provides easy access to I-405, I-5, and I-84. Available retail spaces include 1,361 SF, 1,644 SF and 3,290 SF.

Key Highlights

  • Move‑in ready retail spaces available (±1,243 SF - ± 3,290 SF).
  • Prime corner location in Historic Old Town Chinatown.
  • Lease rates: $12.00 - $15.00 psf + NNN.

Property Analytics

Current Use

Chief Cutz Barber Shop 4th Ave Market Discount Store Unspoken Clothing Store Tuck Lung Building Corporate Office Tuck Lung Art ... Art Gallery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Tanning Salon Clothing & Fashion Store Veterinary Clinic

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,626
Businesses Nearby

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

Lease Benchmarks for Portland, OR

$23.6 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
24,336 SF
Avg Space Size

This space is priced 49% below the average of $23.6 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available in Portland's historic Old Town Chinatown.
Where is this retail space located?
The property is located at 140 NW 4th Ave Portland, OR.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Move‑in ready retail spaces available (±1,243 SF - ± 3,290 SF).; Prime corner location in Historic Old Town Chinatown.; Lease rates: $12.00 - $15.00 psf + NNN.
More about this property
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