7843-7845 SW Capitol Hwy Portland, OR
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Prime location with value-add potential in high-demand Portland neighborhood.
Type:RETAIL
Property size:
8,396 SFLot size:
0.14 AcresPrice / SF:
$213/SF- Added:
- Sep 22, 2025
- Days on Market:
- 216
- Last Refresh:
- Apr 5 at 9:08 pm
Property Features for 7843-7845 SW Capitol Hwy
General Information
- Standard status
- Active
- Size
- 8,396 SF
- Lot size
- 0.14 Acres
- Property subtype
- RETAIL
Listing agent Michael Kapnick
Listing office Northmarq | Lake Oswego (503) 952-0700
Listing date Sep 22, 2025
Source Moodyscre
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 Northmarq | Lake Oswego
Overview
Multnomah Village Investment Opportunity
Located in the high-demand Portland neighborhood of Multnomah Village, this property offers a prime investment opportunity. The location benefits from a dense residential area with over 110,000 people within a 3-mile radius and affluent demographics, including an average household income of over $169,000 within a 1.5-mile radius. The property is situated in a walkable location near restaurants, retail, parks, and community amenities, with strong connectivity via SW Multnomah Blvd to I-5 & Hwy 99W, which sees over 130,000 vehicles per day combined. Over 1,300 new multifamily units have been built nearby since 2022, with an occupancy rate exceeding 91%. The property features small-format suites, averaging 400 square feet, which meet growing demand and reduce leasing risk. The property is 96% occupied at below-market rents, offering strong value-add potential. One-third of the gross leasable area has been occupied by long-term tenants for over 10 years. The flexible zoning allows for retail, office, and residential uses. The property is located in an exceptionally tight office submarket with less than 1% vacancy.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.714
- Latitude
- 45.4681
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Prime location with value-add potential in high-demand Portland neighborhood.
Where is this retail space located?
The property is located at 7843-7845 SW Capitol Hwy Portland, OR.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: High‑demand location in Multnomah Village.; Strong value‑add potential due to below‑market rents and 96% occupancy.; Exceptionally tight office submarket with <1% vacancy.
