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    1355 2Nd Ave Portland, OR 97201

    Sponsored
    For Lease
    Contact for pricing

    Prime Portland retail, event space available.

    Lot size:
    4,825 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Porter Hotel, located at 1355 SW 2nd Ave in Portland, Oregon's vibrant downtown, offers 4,825 square feet of Class A retail and restaurant space currently available for lease. This exceptional property is perfect for a variety of uses, including event spaces, thanks to its flexible layout. The building features multiple suites, ranging from a minimum of 225 square feet to a maximum contiguous space of 2,800 square feet, providing options for businesses of all sizes. With ample parking for 93 vehicles, customer and employee convenience is ensured. Situated in Multnomah County, zip code 97201, this location benefits from high foot traffic and excellent visibility. The entire 4,825 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. This property offers a blend of modern amenities and a prime location, making it an ideal investment for discerning businesses seeking a prominent presence in Portland's thriving market. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1355 2Nd Ave

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,825 SF
    Class
    A

    Unit(s) available at that property

    Space
    Lobby Bar
    Size
    425 SF
    Space
    Restaurant
    Size
    2,800 SF
    Space
    Kitchen
    Size
    1,375 SF
    Space
    Kitchen Window Service Opportunity
    Size
    225 SF

    HighLights

    • Prime downtown Portland boutique hotel, ideally located near cultural attractions, PSU, and major transportation arteries.
    • Turnkey restaurant space available with high‑end finishes, open seating, outdoor patio, and convenient takeout window.
    • Exceptional hospitality investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Porter Portland, Curio ... Hotel Porter Hotel Hotel The Portland Exchange Coffee Shop worldmark Lodging The Xport Rooftop Lounge Bar & Grill

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Daycare Center Building Supply Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6769916
    Latitude
    45.5137547

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    FAQs

    What type of property is this?
    Wedding venue - Prime Portland retail, event space available.
    Where is this wedding venue located?
    The property is located at 1355 2Nd Ave Portland, OR.
    What are key features of this property?
    This property features: Prime downtown Portland boutique hotel, ideally located near cultural attractions, PSU, and major transportation arteries.; Turnkey restaurant space available with high-end finishes, open seating, outdoor patio, and convenient takeout window.; Exceptional hospitality investment opportunity.
    Request Owner's contact information
    1355 2Nd Ave Portland, OR 97201
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    Portland, OR 97201
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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
    1355 2Nd Ave Portland, OR 97201
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