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    1001 14Th Ave Portland, OR 97209

    For Lease
    $15 SF/Yr ($6,060 /Mo)

    ±4,848 SF Corner Retail Space, Portland, OR

    Lot size:
    4,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional ±4,848 square foot retail building presents a unique investment opportunity in Portland's vibrant Pearl District. Located at 1001 NW 14th Ave, this single-story, Class B property sits on a 5,500 square foot lot and boasts a prominent corner location with excellent street visibility. Previously a bank, this adaptable space offers a "second-generation" build-out, providing a solid foundation for a variety of retail uses. The building's zoning is designated as EX (Central Employment), allowing for diverse business possibilities. The property features a total of 4,848 square feet of usable space, offering potential for separation or subleasing of approximately 930 square feet, providing flexibility for tenants. The asking lease rate is $15 per square foot, plus NNN charges. This prime location in the Pearl District offers unparalleled access to a dense population, high foot traffic, and a thriving commercial environment. The property's address is 1001 NW 14th Ave, Portland, OR 97209, with a cross street of NW Lovejoy. The APN is R140943. This is a rare opportunity to secure a well-located, versatile retail space in one of Portland's most sought-after neighborhoods. The property is available immediately.

    Property Features for 1001 14Th Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,848 SF
    Class
    B
    Total Rate
    6060

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,848 SF
    Rate per SF
    $15

    HighLights

    • ±4,848 SF retail building, previously a bank, offering a second‑generation build‑out.
    • Prominent corner location in Portland's Pearl District, offering a flagship opportunity.
    • Abundant natural light with open floor plan potential.
    • Secure outdoor area.
    • Public parking available across the street.
    • High visibility at the signalized intersection of NW 14th & NW Lovejoy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Dental Office Law Firm Hair Salon Spa & Massage Nail Salon 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
    Washington
    State
    Oregon
    Longitude
    -122.68545167479
    Latitude
    45.530169606134

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    FAQs

    What type of property is this?
    Individual retail property - ±4,848 SF Corner Retail Space, Portland, OR
    Where is this individual retail property located?
    The property is located at 1001 14Th Ave Portland, OR.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: ±4,848 SF retail building, previously a bank, offering a second-generation build-out.; Prominent corner location in Portland's Pearl District, offering a flagship opportunity.; Abundant natural light with open floor plan potential.
    Request Owner's contact information
    1001 14Th Ave 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
    1001 14Th Ave Portland, OR 97209
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