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    1972 Burnside St Portland, OR 97209

    Sponsored
    For Lease
    $40 SF/Yr

    Prime Portland retail, multiple suites available.

    Lot size:
    7,591 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional freestanding retail property at 1972 W Burnside St in Portland, Oregon, offers a unique opportunity for multiple businesses. Located in Multnomah County, zip code 97209, this 7,591 square foot building features four individual suites, providing flexibility for various retail concepts. The minimum divisible space is 1,160 square feet, while the maximum contiguous space available is 2,591 square feet. This allows for businesses of different sizes to find a suitable space within the building. The property boasts ample parking with 22 spaces available for customers and employees. The building's location on Burnside Street offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. While some suites are currently occupied, there is a total of 7,591 square feet of rentable space. This prime location in Portland presents a compelling investment opportunity for businesses seeking a vibrant and accessible retail space. The property is easily accessible from major transportation routes, making it a convenient location for both employees and customers. This is an excellent opportunity to establish or expand your retail presence in a thriving Portland neighborhood.

    Property Features for 1972 Burnside St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,591 SF
    Total Rate
    25303.33

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,971 SF
    Rate per SF
    $40
    Space
    Available Space
    Size
    1,160 SF
    Rate per SF
    $40
    Space
    Available Space
    Size
    2,591 SF
    Rate per SF
    $40
    Space
    Combined
    Size
    5,722 SF
    Rate per SF
    $40

    HighLights

    • High‑traffic retail space next to Next Level Burger.
    • 22 on‑site parking spaces.
    • Ideally located near NW Portland, Goose Hollow, Pearl District, Downtown/West End, Providence Park, The Civic, and Stadium Fred Meyer, ensuring high foot traffic.
    • Easy access from Hwy 26 and I‑405.
    • Excellent visibility and signage potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    FedEx Office Print ... Shipping And Mailing Service FedEx Drop Box Shipping And Mailing Service Wells Fargo Bank Bank Parking NW Parking Lot Wells Fargo ATM Atm

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Law Firm Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.69194506
    Latitude
    45.52290456

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    FAQs

    What type of property is this?
    Individual retail property - Prime Portland retail, multiple suites available.
    Where is this individual retail property located?
    The property is located at 1972 Burnside St Portland, OR.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail space next to Next Level Burger.; 22 on-site parking spaces.; Ideally located near NW Portland, Goose Hollow, Pearl District, Downtown/West End, Providence Park, The Civic, and Stadium Fred Meyer, ensuring high foot traffic.
    Request Owner's contact information
    1972 Burnside St Portland, OR 97209
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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
    1972 Burnside St Portland, OR 97209
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