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Cannabis Dispensary Property
New
For Sale
$1,500,000

2201 N KILLINGSWORTH, Portland, OR 97217

Commercial building currently occupied by an operating cannabis dispensary with the business and operational assets included.

Property Size3,588 SF
Price / SF$418.06
Days on Market3

Property Features for 2201 N KILLINGSWORTH

General Information

Standard status Active
Size 3,588 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,811

Building Details

Year Built 1910
Listing Agency: CASCADE HERITAGE REAL ESTATE GROUP
Listed By: SUMMER UNDERWOOD
Source: Corcoran
Added: Aug 11 Changed: Aug 13 Last Checked: Aug 13 at 6:14AM

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 CASCADE HERITAGE REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This commercial property combines an operating cannabis dispensary with the underlying real estate and associated operational assets. The building contains approximately 3,588 square feet on an approximately 5,768-square-foot lot and was constructed in 1910. The current business is identified as The New Amsterdam.

The property is located at 2201 N Killingsworth Street in Portland’s Overlook neighborhood, with street visibility, public transportation access, and connectivity to nearby neighborhoods and major Portland thoroughfares. The transaction includes the real estate and existing retail business, while cannabis licensing and continued operations remain subject to applicable OLCC requirements and regulatory approvals. Buyers are responsible for due diligence concerning the property, business assets, financial performance, inventory, licensing, transferability, zoning, permitted use, and governmental requirements.

Key Highlights

  • Approximately 3,588‑square‑foot commercial building on an approximately 5,768‑square‑foot lot
  • Operating cannabis dispensary business, The New Amsterdam, currently occupies the property
  • Offering includes the commercial real estate, existing retail business, and associated operational assets

Property Analytics

Current Use

The New Amsterdam (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store Pharmacy Bakery Barber Shop

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

728
Businesses Nearby

Demographics for 97217, OR

36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
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
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Frequently Asked Questions

What type of property is this?
Cannabis property - Commercial building currently occupied by an operating cannabis dispensary with the business and operational assets included.
Where is this cannabis property located?
The property is located at 2201 N KILLINGSWORTH Portland, 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: Approximately 3,588‑square‑foot commercial building on an approximately 5,768‑square‑foot lot; Operating cannabis dispensary business, The New Amsterdam, currently occupies the property; Offering includes the commercial real estate, existing retail business, and associated operational assets
More about this property
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