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    907 23Rd Ave Portland, OR 97210

    For Lease
    Contact for pricing

    Portland Retail Space - High Street Location

    Lot size:
    5,387 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5,387 square foot retail strip center, located at 907 NW 23rd Ave in Portland, Oregon, presents a unique investment opportunity. Built in 1964, this single-story building boasts a prime location at the intersection of Kearney and 23rd, placing it on a vibrant high-street corridor. Currently, there is one available retail space of 2,265 square feet, ideal for a variety of businesses seeking high visibility and foot traffic. The property is situated in Multnomah County, zip code 97210, offering easy access to major transportation routes and a dense population base. This is a rare opportunity to acquire a second-generation boutique retail space in a highly desirable Portland neighborhood. The building's single-story design provides convenient access and ample space for both customers and employees. The multiple tenancy structure allows for flexibility and potential for diverse business synergy. This property is well-suited for a discerning buyer seeking a strong foothold in a thriving Portland retail market. The existing infrastructure provides a solid foundation for immediate occupancy or potential renovation to suit a specific tenant's needs. Don't miss this chance to own a piece of Portland's vibrant retail landscape.

    Property Features for 907 23Rd Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,387 SF

    Building Details

    Year Built
    1964
    Stories
    1

    Unit(s) available at that property

    Space
    907 NW 23rd
    Size
    2,265 SF

    HighLights

    • Prime corner, ground floor retail space on NW 23rd Avenue in Portland, OR.
    • Includes off‑street shared parking.
    • Located two blocks from Legacy Good Samaritan Hospital; Walk Score 97, Bike Score 96, Transit Score 65.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manor Fine Wares Home Goods Store

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.69859139207
    Latitude
    45.529378166718

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    FAQs

    What type of property is this?
    Retail property - Portland Retail Space - High Street Location
    Where is this retail property located?
    The property is located at 907 23Rd Ave Portland, OR.
    What are key features of this property?
    This property features: Prime corner, ground floor retail space on NW 23rd Avenue in Portland, OR.; Includes off-street shared parking.; Located two blocks from Legacy Good Samaritan Hospital; Walk Score 97, Bike Score 96, Transit Score 65.
    Request Owner's contact information
    907 23Rd Ave Portland, OR 97210
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    Portland, OR 97210
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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
    907 23Rd Ave Portland, OR 97210
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