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South Waterfront Retail Condo Opportunity
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3606 - 3682 S Bond Ave, Portland, OR 97239

Retail condo in Portland's South Waterfront, investment or owner-user opportunity.

Property Size13,337 SF
Price / SF$0.03
Days on Market210

Property Features for 3606 - 3682 S Bond Ave

General Information

Standard status Active
Size 13,337 SF
Property subtype Retail

Building Details

Building Size 13,337 SF
Year Built 2007
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Corfac
Added: Jan 26 Changed: Aug 24 Last Checked: Aug 24 at 5:05AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This retail condominium is located on the ground floor within the John Ross Condominium building in Portland's South Waterfront neighborhood, along the Willamette River and steps from the Waterfront Greenway. Built in 2007 and LEED certified, the mixed-use condominium is situated across from Elizabeth Caruthers Park and steps from the OHSU Campus Extension and Aerial Tram. The property benefits from high traffic in an area with over 2,250 apartment and condominium units in the South Waterfront district. It is also near I-5, Highway 43, Highway 26, the Portland Street Car Line, and the MAX Light Rail Orange Line. Space A-3, totaling 8,041 square feet, is fully leased. The property offers an owner-user or investment opportunity.

Key Highlights

  • High traffic area with over 2,250 apartment/condo units in the South Waterfront District.
  • Fantastic owner‑user or investment opportunity with 1 fully leased space.
  • Actual NOI: $188,841 and Actual CAP: 6.70%.

Property Analytics

Current Use

Jaime Richmond - Umpqua ... Loan Service

Suggested Use

Top Pick HVAC Service Locksmith Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store & 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.

Location Intelligence

Trade Area within ½ mile

2,723
Businesses Nearby

Demographics for 97239, OR

18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
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?
Retail space - Retail condo in Portland's South Waterfront, investment or owner-user opportunity.
Where is this retail space located?
The property is located at 3606 - 3682 S Bond Ave Portland, OR.
What are key features of this property?
This property features: High traffic area with over 2,250 apartment/condo units in the South Waterfront District.; Fantastic owner‑user or investment opportunity with 1 fully leased space.; Actual NOI: $188,841 and Actual CAP: 6.70%.
More about this property
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