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    21St Ave Portland, OR 97209

    For Lease
    Contact for pricing

    Prime Portland retail, 2,524 sq ft available.

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail opportunity is located in Portland's vibrant Slabtown neighborhood, at the intersection of NW Savier Street and Quimby Street on NW 21st Avenue, Multnomah County, Oregon (zip code 97209). The property, known as The Carson & The Carson South, offers a single, 2,524 square foot vacant suite within a larger 40,000 square foot multi-tenant retail building. This prime location benefits from the significant growth and development within Slabtown, which includes over 1,000 new residential units and over 500,000 square feet of new office space. The area is anchored by a New Seasons Market, ensuring high foot traffic and a strong established customer base. This space presents a unique chance to establish or expand a retail business in a thriving and rapidly developing area of Portland. The property's address is easily accessible and highly visible, offering excellent exposure to potential customers. With its strategic location and the surrounding community's growth, this retail space presents a compelling investment opportunity. The total building comprises one suite, making this a unique opportunity for a single tenant to occupy a significant portion of a well-located building. Serious inquiries are encouraged to explore this exceptional retail space.

    Property Features for 0 21St Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF

    Unit(s) available at that property

    Space
    Suite 121
    Size
    2,524 SF

    HighLights

    • 2,524 SF vacant retail suite available in a 40,000 SF multi‑tenant building.
    • Prime retail space in Portland's Slabtown neighborhood, shadow‑anchored by New Seasons Market.
    • Strong tenant mix including Wells Fargo, Root Whole Body, Orange Theory, and others.
    • Join established businesses such as Mama Bird, G‑Love, and Pistils Nursery.
    • Immediately available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6946633
    Latitude
    45.5324524

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    FAQs

    What type of property is this?
    Retail property - Prime Portland retail, 2,524 sq ft available.
    Where is this retail property located?
    The property is located at 21St Ave Portland, OR.
    What are key features of this property?
    This property features: 2,524 SF vacant retail suite available in a 40,000 SF multi-tenant building.; Prime retail space in Portland's Slabtown neighborhood, shadow-anchored by New Seasons Market.; Strong tenant mix including Wells Fargo, Root Whole Body, Orange Theory, and others.
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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
    21St Ave Portland, OR 97209
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