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Second-Generation Retail Suite
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685 SE Belmont St, Portland, OR 97214

Ground floor retail suite B1 in a mixed-use building with 200 apartment homes above.

Space Size870 SF
Days on Market505

Property Features for 685 SE Belmont St

General Information

Standard status Active
Size 870 SF
Property subtype RETAIL

Spaces For Lease

at 685 SE Belmont St Contact us

685 SE Belmont St

Floor
1
Size
870 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Ground Floor Commercial Space in Mixed-Use Building. - Second generation retail/salon...
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Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Ashley Heichelbech · License #200509097
Source: Moodyscre
Added: Mar 27, 2025 Changed: Aug 8 Last Checked: Aug 12 at 12:23PM

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 Commercial Realty Advisors Northwest LLC

Investment Insights

Based on property information with market context.

This second-generation retail and salon space, suite B1, is located on the ground floor of a mixed-use building. The space fronts SE Morrison Street and is positioned within a community that includes 200 apartment homes above 11,362 square feet of ground floor retail.

The building’s surrounding tenant mix includes a range of local operators such as Hat Yai, Pop Pizza, The Portland Girl, Hit the Spot, Skin Suite Medical Aesthetics, Robo Taco, Voicebox, Loyal Legion, River City Bicycles, and Afuri. Berlu is noted as coming soon.

Suite B1 is available now.

Key Highlights

  • Ground floor retail suite B1 in a mixed‑use building with 200 apartment homes above
  • Second generation retail/salon space, fronting SE Morrison Street
  • Modera community includes 11,362 SF of ground floor retail

Property Analytics

Current Use

Modera Belmont Apartment Complex Lazaris Marketing & Advertising Fire Pit Home Decor Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Mobile Phone Store Veterinary Clinic Supermarket

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

4,825
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Lease Benchmarks for Portland, OR

$26.81 /SF/Yr
Avg Asking Price
$19–$32 /SF/Yr
Price Range
10,560 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
Questions? Ask Rey
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Similar Off Market Nearby

  • knot & fern 911 SE Salmon St, Portland, OR 97214, United States

Frequently Asked Questions

What type of property is this?
Storefront property - Ground floor retail suite B1 in a mixed-use building with 200 apartment homes above.
Where is this storefront property located?
The property is located at 685 SE Belmont St Portland, OR.
What are key features of this property?
This property features: Ground floor retail suite B1 in a mixed‑use building with 200 apartment homes above; Second generation retail/salon space, fronting SE Morrison Street; Modera community includes 11,362 SF of ground floor retail
(503) 490-7212 Call to check price and availability
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