Listing Agency: CBRE | Portland a***@cbre.com Show Phone

Listed By: Austin Cain · License #200305153 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 18 Last Checked: Aug 24 at 8:36AM

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Investment Insights

Based on property information with market context.

This property offers first-generation retail space in a trendy North Portland district. The space includes exclusive staircase and elevator access to a rooftop terrace. Suites can be combined. The property provides excellent freeway access to I-5 and I-405. The property size is 2,836 square feet.

Key Highlights

• First‑generation retail space in trendy North Portland district
• Exclusive staircase and elevator access to rooftop terrace
• Excellent freeway access to I‑5/I‑405

Property Analytics

Property Profile

Current Use

Solace Apartments - Portland Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Storage Facility Pet Grooming Service Tanning Salon 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,739

Businesses Nearby

Explore this area Business Placement

Demographics for 97227, OR

6,058

Population

3,835

Households

1.6

Avg Household Size

35

Median Age

60%

College-Educated

93%

High-School Grad

1.4 sq mi

ZIP Area

4,327

Density / Sq Mi

$79,161

Median Household Income

$56,098

Median Earnings

$1,609

Median Rent

$595,900

Median Home Value

Market

Lease Benchmarks for Portland, OR

$23.6 /SF/Yr

Avg Asking Price

$12–$38 /SF/Yr

Price Range

24,336 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 - First-generation retail space in a trendy North Portland district.

Where is this retail space located?

The property is located at 3956 North Vancouver Avenue Portland, OR.

What are key features of this property?

This property features: First‑generation retail space in trendy North Portland district; Exclusive staircase and elevator access to rooftop terrace; Excellent freeway access to I‑5/I‑405