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Historic Mixed-Use Retail and Office
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717 SW Alder St, Portland, OR 97205

Historic building with ground-floor retail and class-A office space above, with retail facade redevelopment planned for 2025.

Space Size1,393 SF
Days on Market367

Property Features for 717 SW Alder St

General Information

Standard status Active
Size 1,393 SF
Class A
Property subtype RETAIL

Spaces For Lease

at 717 SW Alder St Contact us

Alderway Building

Floor
1
Size
1,393 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Full scale redevelopment of the retail facade starting early 2025 (as shown in...
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Contact us
Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Kathleen Healy · License #200509097
Source: Moodyscre
Added: Aug 11, 2025 Changed: Aug 8 Last Checked: Aug 12 at 7:53AM

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 historic mixed-use building was originally built in the early 1900s and features approximately 158,000 SF of class-A office space above ground-floor retail. Plans call for a full-scale redevelopment of the retail facade starting early 2025, including redesign and replacement of existing storefront glazing, updated signage, and new awnings.

Located at 717 SW Alder St in Portland, the property is positioned near prominent surrounding tenants, including The Ritz-Carlton, Mahler Jewelers, Nordstrom, Mercantile, Wild Fang, and Frances May. Public remarks also note a potential marquee signage opportunity on the corner of Broadway & Alder for an anchor retail tenant.

The available space is well suited for retailers and restaurants seeking storefront presence within a renovated, street-level retail environment tied to a substantial office component above.

Key Highlights

  • Historic building originally built in the early 1900s, with 158,000 SF of class‑A office above ground‑floor retail
  • Retail facade redevelopment planned starting early 2025, including redesigned/replacement storefront glazing, updated signage, and new awnings (per renderings)
  • Corner marquee signage potential at Broadway & Alder for an anchor retail tenant

Property Analytics

Current Use

Zelda's Shoe Bar Clothing & Fashion Store

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
Balanced
Demand for This Use

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

$26.81 /SF/Yr
Avg Asking Price
$19–$32 /SF/Yr
Price Range
10,560 SF
Avg Space Size

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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Similar Off Market Nearby

  • Petros Same Day Flower Delivery Inc. 817 SW 5th Ave, Portland, OR 97204
  • Pacific Northwest Florist Association 1219 SW 19th Ave, Portland, OR 97205
  • Gifford's Flowers 704 SW Jefferson St, Portland, OR 97201
  • Goose Hollow Flowers 1219 SW 19th Ave, Portland, OR 97205
  • Flower Temple Designs 111 SW Columbia St # 3, Portland, OR 97201

Frequently Asked Questions

What type of property is this?
Storefront property - Historic building with ground-floor retail and class-A office space above, with retail facade redevelopment planned for 2025.
Where is this storefront property located?
The property is located at 717 SW Alder St Portland, OR.
What are key features of this property?
This property features: Historic building originally built in the early 1900s, with 158,000 SF of class‑A office above ground‑floor retail; Retail facade redevelopment planned starting early 2025, including redesigned/replacement storefront glazing, updated signage, and new awnings (per renderings); Corner marquee signage potential at Broadway & Alder for an anchor retail tenant
(503) 880-3033 Call to check price and availability
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