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Multi-Level Retail Building
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519 SW Park Ave, Portland, OR 97205

Multi-level retail with ground, second-floor, and basement areas, offered under an NNN structure.

Property Size3,890 SF
Days on Market206

Property Features for 519 SW Park Ave

General Information

Standard status Active
Size 3,890 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: SVN Bluestone
Listed By: Olesya Prokhorova · License ##201226492
Source: Moodyscre
Added: Jan 5 Changed: Jul 30 Last Checked: Jul 30 at 1:36PM

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 SVN Bluestone

Investment Insights

Based on property information with market context.

This multi-level retail building is configured for retail use across multiple levels. The ground/1st floor includes approximately 4,000 SF with a 15’ clear height and is offered under an NNN structure. The 2nd floor provides approximately 1,300 SF with grandfathered retail use, also under NNN.

A basement level adds approximately 4,000 SF and includes a “free bonus” component with storage racks. The basement features a 9’ clear height, supporting back-of-house or storage needs alongside the retail floors.

For tours and showings, do not disturb the tenant. Showings are by appointment only, with broker coordination required.

Key Highlights

  • Ground/1st floor: approx. 4,000 SF with 15' clear height, offered under NNN
  • 2nd floor: approx. 1,300 SF with grandfathered retail use, offered under NNN
  • Basement: approx. 4,000 SF “free bonus” with storage racks and 9' clear height

Property Analytics

Current Use

Mathew Stockstill Architect Architect Howe Law Firm Law Firm Art of Healing Massage, ... Alternative Medicine Practice Mcnamee Jim Lmt Alternative Medicine Practice ABE DESIGN GROUP Architect

Suggested Use

Top Pick Nursing Home Buffet Tanning Salon Veterinary Clinic Clothing & Fashion Store (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

13,438
Businesses Nearby

Demographics for 97205, OR

8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value

Market

Lease Benchmarks for Portland, OR

$25.51 /SF/Yr
Avg Asking Price
$10–$48 /SF/Yr
Price Range
116,503 SF
Avg Space Size

This space is priced 33% below the average of $25.51 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-level retail with ground, second-floor, and basement areas, offered under an NNN structure.
Where is this retail space located?
The property is located at 519 SW Park Ave Portland, OR.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Ground/1st floor: approx. 4,000 SF with 15' clear height, offered under NNN; 2nd floor: approx. 1,300 SF with grandfathered retail use, offered under NNN; Basement: approx. 4,000 SF “free bonus” with storage racks and 9' clear height
(503) 539-1341 Call to check price and availability
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