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Historic Retail and Office Building
For Sale
$1,500,000

202 N Main Avenue, Gresham, OR 97030

Historic 1915 building is usable for retail and office uses, with City-supported storefront and upper-story options.

Property Size15,106 SF
Price / SF$99.30
Days on Market136

Property Features for 202 N Main Avenue

General Information

Standard status Active
Size 15,106 SF
Property subtype Commercial

Building Details

Year Built 1915
Listing Agency: MORE Realty
Listed By: Dirk Knudsen
Source: Century21northhomes
Added: May 1 Changed: Sep 13 Last Checked: Sep 13 at 9:25AM

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 MORE Realty

Investment Insights

Based on property information with market context.

Built in 1915 as the Regner's Opera House, this historic downtown building is currently used by a longstanding furniture company with retail sales. The space is described as usable for both retail and office uses, and the DCC promotes storefront retail/service, office, and residential (including upper-story) uses to keep the district active throughout the day and night. The City of Gresham indicates it is excited to work with a new owner to reimagine the property as one or more new businesses.

The property is located at 202 N Main Avenue in Gresham. The listing notes that possible waivers on fees for tenant improvements and Gresham incentives may be available, and showings are appointment-only with plenty of notice required.

Key Highlights

  • Historic 1915 building (built as Regner's Opera House) in downtown Gresham
  • 15,000+ SF building currently usable for retail and office uses
  • City‑supported storefront retail/service and office uses, plus upper‑story opportunities (including residential)

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Storage Facility Fish Market Carpet & Flooring Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,760
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97030, OR

39,492
Population
16,500
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,266
Density / Sq Mi
$61,793
Median Household Income
$40,352
Median Earnings
$1,604
Median Rent
$418,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Historic 1915 building is usable for retail and office uses, with City-supported storefront and upper-story options.
Where is this storefront property located?
The property is located at 202 N Main Avenue Gresham, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Historic 1915 building (built as Regner's Opera House) in downtown Gresham; 15,000+ SF building currently usable for retail and office uses; City‑supported storefront retail/service and office uses, plus upper‑story opportunities (including residential)
More about this property
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