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Second-Generation Corner Retail Space
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5008-5022 SE Division St, Portland, OR 97206

Second-generation storefront retail space with excellent visibility on a corner site at SE Division St.

Property Size777 SF
Days on Market339

Property Features for 5008-5022 SE Division St

General Information

Standard status Active
Size 777 SF
Property subtype RETAIL

Additional Details

Road Access Yes
Listing Agency: Urban Works Real Estate
Listed By: Dan Bozich
Source: Moodyscre
Added: Aug 29, 2025 Changed: Jul 28 Last Checked: Aug 1 at 12:44PM

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 Urban Works Real Estate

Investment Insights

Based on property information with market context.

This second-generation retail space is located on a corner site and is positioned for visibility and straightforward access from SE Division St. The property includes storefront-focused configuration suitable for retail use.

The building sits at the corner of SE 50th Ave and SE Division St, directly across from Division Street Station Apartments (127 units) and The Fifty on Division (124 units). It is also within a short walk of Franklin High School.

Because this offering is listed as a storefront retail space, it is best suited for businesses seeking a street-facing presence supported by nearby multifamily and school activity.

Key Highlights

  • Second‑generation retail storefront space with visibility and access to SE Division St
  • Corner location on SE 50th Ave & SE Division St
  • Across from Division Street Station Apartments (127 units) and The Fifty on Division (124 units)

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Electrical 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.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97206, OR

51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value

Market

Lease Benchmarks for Portland, OR

$28.6 /SF/Yr
Avg Asking Price
$24–$32 /SF/Yr
Price Range
116,271 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
Rey
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Similar Off Market Nearby

  • Live Nude Plants — 2624 SE 61st Ave, Portland, OR 97206

Frequently Asked Questions

What type of property is this?
Storefront property - Second-generation storefront retail space with excellent visibility on a corner site at SE Division St.
Where is this storefront property located?
The property is located at 5008-5022 SE Division St Portland, OR.
What are key features of this property?
This property features: Second‑generation retail storefront space with visibility and access to SE Division St; Corner location on SE 50th Ave & SE Division St; Across from Division Street Station Apartments (127 units) and The Fifty on Division (124 units)
(503) 228-3135 Call to check price and availability
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