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    1010 10Th Ave Portland, OR 97209

    For Lease
    Contact for pricing

    Prime Portland retail, multiple suites.

    Lot size:
    17,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Portland retail property, located at 1010 NW Flanders & 327 NW 10th Ave in the vibrant Multnomah County, offers a unique opportunity for restaurant operators. The building boasts a total of 17,904 square feet, divided into two suites. Currently, there is 7,675 square feet of vacant space available, providing flexibility for businesses of varying sizes. Individual suites range from a minimum of 2,583 square feet to a maximum contiguous space of 5,092 square feet, catering to a variety of needs. The property's prime location in Portland, Oregon (zip code 97209), ensures high visibility and accessibility for customers. This is an ideal location for a restaurant seeking a prominent presence in a bustling urban area. The property is classified as a multi-tenant retail building, offering potential for synergy with complementary businesses. The address is conveniently situated at the intersection of NW Flanders and NW 10th Avenue. This presents a rare opportunity to secure a well-positioned restaurant space in a thriving Portland neighborhood. Serious inquiries are encouraged to explore this exciting prospect.

    Property Features for 1010 10Th Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,904 SF

    Unit(s) available at that property

    Space
    End-cap corner space
    Size
    5,092 SF
    Space
    Lower Level
    Size
    2,583 SF

    HighLights

    • Historic Ballou & Wright Building with original brick exterior, high ceilings, and preserved historic details; fully renovated.
    • Corner end‑cap space in the Pearl District.
    • Excellent for flagship retail or showroom use.
    • Strong retail synergy with nearby national and local brands.
    • Portland Streetcar accessible location.
    • Immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6815035
    Latitude
    45.5256323

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    FAQs

    What type of property is this?
    Restaurant - Prime Portland retail, multiple suites.
    Where is this restaurant located?
    The property is located at 1010 10Th Ave Portland, OR.
    What are key features of this property?
    This property features: Historic Ballou & Wright Building with original brick exterior, high ceilings, and preserved historic details; fully renovated.; Corner end-cap space in the Pearl District.; Excellent for flagship retail or showroom use.
    Request Owner's contact information
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    Portland, OR 97209
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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
    1010 10Th Ave Portland, OR 97209
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