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    325 Park Ave Portland, OR 97209

    Sponsored
    For Lease
    Contact for pricing

    Prime Portland retail, multi-use potential.

    Lot size:
    8,931 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,931 square foot retail property, located at 325 NW Park Ave in Portland, Oregon's vibrant Multnomah County (zip code 97209), presents a unique investment opportunity. Currently fully vacant, the property offers flexible space ideal for a variety of uses, including restaurant and retail. The building is divided into two suites, providing options for single or multi-tenant occupancy. A minimum of 2,863 square feet is divisible, with a maximum contiguous space of 6,068 square feet available. This allows for businesses of various sizes to find a suitable space within this prime Portland location. The property's strategic location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. With its versatile layout and ample square footage, this property is perfectly positioned to capitalize on Portland's thriving commercial market. The entire 8,931 square feet is currently available for lease, presenting a rare chance to secure a significant presence in a desirable area. Interested parties are encouraged to inquire about lease terms and conditions. This is a multi-use property, perfect for a restaurant or other retail businesses.

    Property Features for 325 Park Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,931 SF

    Unit(s) available at that property

    Space
    325 NW Park Ave
    Size
    2,863 SF
    Space
    875 NW Everett St
    Size
    6,068 SF

    HighLights

    • 6,068 SF Restaurant Space Available: Fully equipped, second‑generation restaurant space for lease in the Pearl District.
    • High‑visibility corner location at NW 9th & Everett, within the 243‑room Hampton Inn Pearl. Features operable storefront windows and potential for room service.
    • 2,863 SF Retail/Service Space Available: Second‑generation space ideal for fitness, wellness, medical, or other retail uses in the Pearl District. Immediately available.
    • Strong tenant mix includes World Foods, Circa Lighting, Tactics, The NOW Massage, Dogtopia, Rich's Cigar Store, and Hive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Butterfly Belly Bar Bar & Grill

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery Store Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6794376
    Latitude
    45.5255651

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    FAQs

    What type of property is this?
    Restaurant - Prime Portland retail, multi-use potential.
    Where is this restaurant located?
    The property is located at 325 Park Ave Portland, OR.
    What are key features of this property?
    This property features: 6,068 SF Restaurant Space Available: Fully equipped, second-generation restaurant space for lease in the Pearl District.; High-visibility corner location at NW 9th & Everett, within the 243-room Hampton Inn Pearl. Features operable storefront windows and potential for room service.; 2,863 SF Retail/Service Space Available: Second-generation space ideal for fitness, wellness, medical, or other retail uses in the Pearl District. Immediately available.
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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
    325 Park Ave Portland, OR 97209
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