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 Market493
Property Features for 7881 SW Capitol Hwy
General Information
Standard status
Active
Size
4,616 SF
Lot size
0.09 Acres
Property subtype
RETAIL
Listing Agency:
Commercial Realty Advisors Northwest LLC
(503) 880-3033
Listed By:
Kathleen Healy · License #200509097
(503) 880-3033
Source:
Moodyscre
Added: Mar 28, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:48AM
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 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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.1k | $18.00 |
| − Vacancy | −$6.2k | −$1.35 |
| EGI | $76.9k | $16.65 |
| − OpEx | −$23.1k | −$5.00 |
| NOI | $53.8k | $11.66 |
4,616 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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.
