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Retail Suites in New Mixed-Use Building
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77 NE Grand Ave, Portland, OR 97232

Ground-floor retail suites in a new mixed-use building feature glass roll-up doors and flexible street-level seating.

Property Size1,227 SF
Days on Market495

Property Features for 77 NE Grand Ave

General Information

Standard status Active
Size 1,227 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Floor Ground
Anchor Co-Tenants Chrome, Parliament, The Darkside Initiative

Amenities

Glass Roll-up Doors
17 ft Ceilings
Sidewalk Seating Opportunities

Building Details

Tenancy Multi
Listing Agency: Capacity Commercial Group
Listed By: Michelle Rozakis · License #201251096
Source: Moodyscre
Added: Mar 24, 2025 Changed: Jul 29 Last Checked: Jul 30 at 9:57AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This new mixed-use building includes 157 residential units above ground-floor retail. Available retail suites feature glass roll-up doors, 17 ft ceilings, and sidewalk seating opportunities along the streetscape.

Suites 4, 6, and 7 are delivered in white box condition, while Suite 5 is delivered in as-is condition as a second-generation space. On-street parking serves the property.

The retail is part of an inner Southeast Portland setting with high visibility on E Burnside between NE MLK Jr Blvd and NE Grand, and convenient access to TriMet transit, including the Portland Streetcar. Co-tenants include Chrome, Parliament, and The Darkside Initiative, and the immediate area includes recent construction and a concentration of retail and dining options within walking distance and a 3-block radius.

Suites are being marketed for retail and service uses, with consideration for wine, taproom, coffee/tea, dessert, and light food concepts.

Key Highlights

  • New mixed‑use building with 157 residential units above ground‑floor retail
  • Retail suites include glass roll‑up doors and sidewalk seating opportunities
  • 17 ft ceilings in the retail suites

Property Analytics

Current Use

Slcc.lashes Portland Hair Salon Wild Roots Spirits Brewery & Distillery Grupp & Rose Photography Photography Service Paul Grupp Photography Photography Service Synchronized Style Hair Salon

Suggested Use

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

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,242
Businesses Nearby

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
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 10% above 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 - Ground-floor retail suites in a new mixed-use building feature glass roll-up doors and flexible street-level seating.
Where is this retail space located?
The property is located at 77 NE Grand Ave Portland, OR.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: New mixed‑use building with 157 residential units above ground‑floor retail; Retail suites include glass roll‑up doors and sidewalk seating opportunities; 17 ft ceilings in the retail suites
(503) 222-0755 Call to check price and availability
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