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    528 11Th Ave Portland, OR 97209

    For Lease
    $30 SF/Yr ($4,500 /Mo)

    1800 SF Retail, Portland, Oregon

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,800 square foot retail space is ideally situated in Portland's vibrant Pearl District at 528 NW 11th Ave, zip code 97209, Multnomah County, Oregon. The property boasts a recently renovated interior featuring a wide-open floor plan, perfect for a variety of retail uses. A significant advantage is the inclusion of a private bathroom and up to 1,800 square feet of basement storage, offering ample space for inventory or additional operational needs. The building's attractive storefront features an impressive window line and stylish accordion doors, designed to maximize visibility and attract substantial foot traffic. Its central location provides unparalleled accessibility, with proximity to major bus lines, the Streetcar, and convenient access to I-405. This prime location places the property within easy reach of numerous established businesses, including Powell's Books, Farmhouse Kitchen Thai, Screen Door, Silk Road, Janken, and Providence Park, ensuring high visibility and a strong customer base. The surrounding area is also known for its diverse selection of shops, services, and restaurants, creating a thriving and dynamic commercial environment. This single-tenant retail property presents a unique opportunity for businesses seeking a high-impact location in one of Portland's most desirable neighborhoods. The entire 1,800 square feet is currently vacant and ready for immediate occupancy.

    Property Features for 528 11Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF
    Total Rate
    4500

    Unit(s) available at that property

    Space
    Ground Floor Space
    Size
    1,800 SF
    Rate per SF
    $30

    HighLights

    • 1,800 SF ground floor retail space in Portland's Pearl District (528 NW 11th Ave, 97209).
    • Excellent Pearl District location with high foot traffic and visibility.
    • Large storefront with impressive window line and functional accordion doors.
    • 1,800 SF basement for storage.
    • Open floor plan with kitchenette and private restroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery 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
    -122.6819441
    Latitude
    45.5269708

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    FAQs

    What type of property is this?
    Retail property - 1800 SF Retail, Portland, Oregon
    Where is this retail property located?
    The property is located at 528 11Th Ave Portland, OR.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 1,800 SF ground floor retail space in Portland's Pearl District (528 NW 11th Ave, 97209).; Excellent Pearl District location with high foot traffic and visibility.; Large storefront with impressive window line and functional accordion doors.
    Request Owner's contact information
    528 11Th Ave 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
    528 11Th Ave Portland, OR 97209
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