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Retail Space in Slabtown Location
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1611 NW Marshall St, Portland, OR 97209

Ground floor retail space with apartments above in Slabtown.

Property Size45,793 SF
Days on Market312

Property Features for 1611 NW Marshall St

General Information

Standard status Active
Size 45,793 SF
Property subtype Retail

Building Details

Year Built 2020
Listing Agency: Norris & Stevens, Inc. - Corporate
Listed By: Duane Link
Source: Tcnworldwide
Added: Sep 25, 2025 Changed: Jul 6 Last Checked: Aug 2 at 4:38AM

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 Norris & Stevens, Inc. - Corporate

Investment Insights

Based on property information with market context.

This ground floor retail space is located in the Slabtown area and features 80 apartments above. The location is surrounded by shopping and eateries. Public transportation is readily accessible via the Max line and frequent TriMet bus service. The property benefits from high visibility, with an Average Daily Traffic (ADT) count of 2,900 on NW Marshall Street. It is situated approximately 30 minutes from Portland International Airport and 6 minutes from downtown Portland, Providence Park, and the Moda Center. The property size is 45793 square feet.

Key Highlights

  • Outstanding Slabtown location surrounded by shopping and eateries
  • Ground floor retail with 80 apartments above
  • On Max line and frequent TriMet bus access

Property Analytics

Current Use

Koz on NW 16th Apartment Building Barsala at KoZ Hotel & Motel Life Coaching by ... Life Coach

Suggested Use

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

7,155
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

$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 - Ground floor retail space with apartments above in Slabtown.
Where is this retail space located?
The property is located at 1611 NW Marshall St Portland, OR.
What are key features of this property?
This property features: Outstanding Slabtown location surrounded by shopping and eateries; Ground floor retail with 80 apartments above; On Max line and frequent TriMet bus access
More about this property
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