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    720 Washington St Portland, OR 97205

    For Lease
    Contact for pricing

    Prime Portland retail, multiple suites available.

    Lot size:
    15,993 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    The Morgan Building, located at 720 SW Washington St in Portland, Oregon's vibrant downtown, offers exceptional retail and restaurant space for lease. This 15,993 square foot building features seven individual suites, providing flexibility for businesses of various sizes. Currently, 14,473 square feet are available, with spaces ranging from a minimum of 170 square feet to a maximum contiguous space of 4,761 square feet. The building's prime location in Multnomah County, with a 97205 zip code, ensures high visibility and foot traffic. Ideal for a variety of retail concepts or restaurants, this property presents a unique opportunity to establish a presence in a bustling Portland neighborhood. The multiple tenancy structure allows for diverse businesses to coexist, creating a dynamic and attractive environment for customers. This is a rare opportunity to secure a significant amount of retail space in a highly desirable location. Inquire today to learn more about leasing options and availability.

    Property Features for 720 Washington St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,993 SF

    Unit(s) available at that property

    Space
    Suite 100 & 150
    Size
    4,761 SF
    Space
    Suite 724
    Size
    1,239 SF
    Space
    Suite 740
    Size
    1,890 SF
    Space
    Suites 103-104-28
    Size
    841 SF
    Space
    Suite 150
    Size
    2,313 SF
    Space
    Suite 100
    Size
    2,448 SF
    Space
    Suite 102
    Size
    981 SF

    HighLights

    • 2nd‑generation restaurant space (Suite 100) with Type 1 hood, grease interceptors, and ample prep sinks; FF&E available.
    • Move‑in ready, second‑generation spaces throughout the building.
    • Prime CBD location, one block from the Ritz‑Carlton and five other hotels.
    • Strong tenant mix including St. Honore Boulangerie, Oregon Wines, and several other established businesses.
    • Landlord offers flexible lease terms, including short‑term options.
    • Immediately available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mill Creek Residential ... Property Management Company Urban Renaissance Group Commercial Real Estate Agency Baron Law Firm Attorney FedEx Drop Box Shipping And Mailing Service City Center Parking ... Parking Lot

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Daycare Center Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6797131
    Latitude
    45.5206989

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    FAQs

    What type of property is this?
    Restaurant - Prime Portland retail, multiple suites available.
    Where is this restaurant located?
    The property is located at 720 Washington St Portland, OR.
    What are key features of this property?
    This property features: 2nd-generation restaurant space (Suite 100) with Type 1 hood, grease interceptors, and ample prep sinks; FF&E available.; Move-in ready, second-generation spaces throughout the building.; Prime CBD location, one block from the Ritz-Carlton and five other hotels.
    Request Owner's contact information
    720 Washington St Portland, OR 97205
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    Portland, OR 97205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 Washington St Portland, OR 97205
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