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Partially Occupied Retail Building
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1972 W Burnside St, Portland, OR 97209

Partially occupied retail building adjacent to Providence Park, with vacant space and frontage on two major thoroughfares.

Property SizeContact for details
Lot Size0.44 Acres
Days on Market136

Property Features for 1972 W Burnside St

General Information

Standard status Active
Lot size 0.44 Acres
Property subtype Retail
Zoning CX
Occupancy 25%
Listing Agency: Northmarq
Listed By: Michael Kapnick · License #OR 960500191
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Aug 14 at 8:05AM

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 Northmarq

Investment Insights

Based on property information with market context.

The offering is a partially occupied retail building on a 19,200 square foot lot adjacent to Providence Park. The property is approximately 25% occupied by Next Level Burger, with vacant retail space remaining for additional leasing or owner use.

The site is positioned for retailers seeking access to traffic along two major thoroughfares. For developers, the property is zoned Central Commercial (CX), a high-density commercial district that allows for the tallest buildings within commercial and mixed-use zones and permits retail, office, and multifamily uses.

The building presents multiple purchase scenarios, including leasing the vacant space as-is, an owner-user occupying available space while benefiting from an existing tenant, or an investor re-leasing the vacant areas for a retail investment.

Key Highlights

  • Partially occupied retail building on a 19,200 SF lot adjacent to Providence Park
  • 25% occupied by Next Level Burger, with additional vacant retail space available
  • Frontage on two major thoroughfares next to Providence Park

Property Analytics

Current Use

FedEx Office Print ... Courier Service FedEx Drop Box Courier Service Wells Fargo Bank Bank Parking NW Parking Lot & Garage Wells Fargo ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Tanning Salon Daycare Center Supermarket Butcher

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

25%
Occupancy

Location Intelligence

Trade Area within ½ mile

9,855
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Partially occupied retail building adjacent to Providence Park, with vacant space and frontage on two major thoroughfares.
Where is this retail space located?
The property is located at 1972 W Burnside St Portland, OR.
What are key features of this property?
This property features: Partially occupied retail building on a 19,200 SF lot adjacent to Providence Park; 25% occupied by Next Level Burger, with additional vacant retail space available; Frontage on two major thoroughfares next to Providence Park
(503) 952-0700 Call to check price and availability
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