Built-Out Waterfront Retail
For Lease
$24 SF/Yr
841 S Gaines St, Portland, OR 97239
Former fitness-use interiors sit beneath a condominium project alongside established co-tenants and the Portland Streetcar Loop.
Space Size3,915 SF
Property Size7,706 SF
Days on Market55
Property Features for 841 S Gaines St
General Information
Standard status
Active
Size
3,915 SF
Property subtype
Retail
Lease Term
NNN
Additional Details
Space Use
Retail
Building Details
Building Size
7,706 SF
Spaces For Lease
at 841 S Gaines St
170 A
$24/SF/Yr
Size
3,915 SF
Type
Street Retail
Term
Negotiable
Listing Agency:
Capacity Commercial Group
Listed By:
Nicholas Diamond · License #WA #25460
(503) 222-2655
Source:
Buildout
Added: Aug 26
Changed: Aug 28
Last Checked: Oct 16 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 Capacity Commercial Group
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Investment Insights
Based on property information with market context.
Retail space is available at 841 S Gaines St in Portland’s South Waterfront District, positioned below the 214 Condominium Project. The interiors are fully built out and were formerly used for fitness operations, providing an existing commercial layout for prospective retail occupants.
Current co-tenants include Wonderful PDX and Pure Barre. The surrounding area includes the Portland Streetcar Loop, Elizabeth Caruthers Park, the South Waterfront Farmers Market, Zaiqa, Blue Star Donuts, and The Growler Guys, placing the property within an active mix of residential, recreational, and neighborhood-oriented destinations.
Current co-tenants include Wonderful PDX and Pure Barre. The surrounding area includes the Portland Streetcar Loop, Elizabeth Caruthers Park, the South Waterfront Farmers Market, Zaiqa, Blue Star Donuts, and The Growler Guys, placing the property within an active mix of residential, recreational, and neighborhood-oriented destinations.
Key Highlights
- Fully built‑out retail interiors with former fitness use
- Located below the 214 Condominium Project
- Current co‑tenants include Wonderful PDX and Pure Barre
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,568
Businesses Nearby
Explore this area
Business Placement
Demographics for 97239, OR
18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Portland, OR
$23.8 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
25,953 SF
Avg Space Size
This space is priced 1% above the average of $23.8 /SF/Yr.
Vacancy Rate% for Retail in Portland, OR
Frequently Asked Questions
What type of property is this?
Retail space - Former fitness-use interiors sit beneath a condominium project alongside established co-tenants and the Portland Streetcar Loop.
Where is this retail space located?
The property is located at 841 S Gaines St Portland, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Fully built‑out retail interiors with former fitness use; Located below the 214 Condominium Project; Current co‑tenants include Wonderful PDX and Pure Barre
