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Renovated Mixed-Use Building Suite
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5338 SE Foster Rd, Portland, OR 97206

Renovated 1911 building offers ground-floor retail, second-floor office space, and basement storage with modernized interiors.

Property Size3,710 SF
Days on Market100

Property Features for 5338 SE Foster Rd

General Information

Standard status Active
Size 3,710 SF
Property subtype RETAIL
Listing Agency: Colliers | Portland
Listed By: Tamer Riad
Source: Moodyscre
Added: Apr 22 Changed: Jul 28 Last Checked: Jul 29 at 3:05PM

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 Colliers | Portland

Investment Insights

Based on property information with market context.

Renovated mixed-use building originally constructed in 1911 and fully renovated in 2019. The available layout spans two floors plus a basement, with 2,307 SF of ground-floor retail space featuring an open floor plan, commercial kitchen, kitchenette, and private restrooms. The second floor provides 803 SF of office space with one private office, one meeting room, and an open workspace. A 605 SF basement level is available for storage.

The property is located along SE Foster Road in Southeast Portland’s Foster-Powell corridor. Public remarks note strong visibility and steady foot traffic, with access supported by nearby bus routes and bike lanes, as well as walkable amenities.

This configuration supports a range of storefront or service-focused operations, with office and meeting space above and dedicated storage below for back-of-house needs.

Key Highlights

  • Renovated mixed‑use building originally built in 1911 and fully renovated in 2019 by Wright Architecture.
  • Total available space: 3,710 SF across two floors plus a 605 SF basement for storage.
  • Ground floor offers 2,307 SF retail space with open floor plan, commercial kitchen, kitchenette, and private restrooms.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring 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

919
Businesses Nearby

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

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated 1911 building offers ground-floor retail, second-floor office space, and basement storage with modernized interiors.
Where is this mixed-use property located?
The property is located at 5338 SE Foster Rd Portland, OR.
What are key features of this property?
This property features: Renovated mixed‑use building originally built in 1911 and fully renovated in 2019 by Wright Architecture.; Total available space: 3,710 SF across two floors plus a 605 SF basement for storage.; Ground floor offers 2,307 SF retail space with open floor plan, commercial kitchen, kitchenette, and private restrooms.
(503) 499-0076 Call to check price and availability
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