Multnomah Village Retail
For Sale
Contact for pricing
7881 SW Capitol Hwy, Portland, OR
Retail property in vibrant Multnomah Village, available now.
Property Size4,616 SF
Lot Size0.09 Acres
Price / SF$192.81
Days on Market584
Property Features for 7881 SW Capitol Hwy
General Information
Standard status
Active
Size
4,616 SF
Lot size
0.09 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Multnomah
Listing Agency:
Commercial Realty Advisors Northwest LLC
(503) 274-0211
Listed By:
Kathleen Healy · License ##200308123
(503) 880-3033
Source:
Moodyscre
Added: Mar 28, 2025
Changed: Oct 25
Last Checked: Nov 1 at 8:18AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property, located in the heart of Multnomah Village, presents an opportunity for an owner-user or investor. The property is surrounded by co-tenants including Consign Couture, Switch, JP General, Peggy Sundays, Yalla, ZoomCare, Fat Kitty, and Annie Blooms Books. The property offers 4,616 square feet of space and is available now.
Key Highlights
- Prime location in the heart of vibrant Multnomah Village.
- Immediate co‑tenancy with established businesses (Consign Couture, Switch, JP General, Peggy Sundays, Yalla, ZoomCare, Fat Kitty, Annie Blooms Books).
- Suitable for owner/user or investment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,799
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,980
$1.1M
Cap Rate 7%
$768,557
$768.6K
Cap Rate 9%
$597,767
$597.8K
Market Conditions
NOI Build-Up for 4,616 SF
Gross rent
$83.1K $18.00/SF
− Vacancy
−$6.2K −$1.35/SF
EGI
$76.9K $16.65/SF
− OpEx
−$23.1K −$5.00/SF
NOI
$53.8K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,980
Cap Rate 7%
$768,557
Cap Rate 9%
$597,767
Alternative Uses
Best Use
Retail
$768.6K
$672.5K – $896.7K
NOI $53,799 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,740 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Portland, OR
Similar Off Market Nearby
- SAGE. flowers — 7807 SW Capitol Hwy, Portland, OR 97219
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property in vibrant Multnomah Village, available now.
Where is this storefront property located?
The property is located at 7881 SW Capitol Hwy Portland, OR.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Prime location in the heart of vibrant Multnomah Village.; Immediate co‑tenancy with established businesses (Consign Couture, Switch, JP General, Peggy Sundays, Yalla, ZoomCare, Fat Kitty, Annie Blooms Books).; Suitable for owner/user or investment.
