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    1120 Morrison St Portland, OR 97214

    Sponsored
    For Lease
    Contact for pricing

    Two prime retail spaces available in vibrant Portland.

    Lot size:
    3,806 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use opportunity presents two available retail spaces within the seven-story Modera Morrison building at 1120 SE Morrison St, Portland, Oregon 97214. Located in Multnomah County, this property offers a prime retail location shadow-anchored by Market of Choice, ensuring high foot traffic and visibility. The available spaces range in size from a compact 389 square feet to a more substantial 3,417 square feet, providing flexibility for various retail concepts. The building's multi-story design and mixed-use nature contribute to a dynamic and thriving environment. The exact total building square footage is not currently available. This location offers excellent access to major transportation routes and is situated within a vibrant and densely populated area of Portland, making it an ideal location for businesses seeking high exposure and a strong customer base. The property is classified as both Mixed Use and Micro Retail, indicating its suitability for a range of businesses. Multiple tenancies are available, providing opportunities for diverse retail offerings within the building. This is a unique chance to establish a presence in a thriving Portland neighborhood.

    Property Features for 1120 Morrison St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,806 SF

    Building Details

    Stories
    7

    Unit(s) available at that property

    Space
    Micro Retail: Suite 169
    Size
    389 SF
    Space
    Retail Sites: 609 SF - 3,417 SF
    Size
    3,417 SF

    HighLights

    • High‑visibility ground floor retail space in desirable SE Portland, above 247 market‑rate apartments, near the Goat Blocks and Market of Choice.
    • Flexible floor plans and square footage available, with a highly motivated landlord.
    • Strong tenant mix includes Market of Choice, several restaurants, and other popular businesses.
    • Secure off‑street parking available for tenants (market rate).
    • Immediately available; Walk Score 97, Bike Score 96, Transit Score 66.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.65470474
    Latitude
    45.51652267

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    FAQs

    What type of property is this?
    Retail property - Two prime retail spaces available in vibrant Portland.
    Where is this retail property located?
    The property is located at 1120 Morrison St Portland, OR.
    What are key features of this property?
    This property features: High-visibility ground floor retail space in desirable SE Portland, above 247 market-rate apartments, near the Goat Blocks and Market of Choice.; Flexible floor plans and square footage available, with a highly motivated landlord.; Strong tenant mix includes Market of Choice, several restaurants, and other popular businesses.
    Request Owner's contact information
    1120 Morrison St Portland, OR 97214
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    Portland, OR 97214
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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
    1120 Morrison St Portland, OR 97214
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