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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

221 11Th Ave Portland, OR 97209

Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located in Portland's vibrant Northwest Pearl District at 221 NW 11th Ave, Multnomah County, Oregon, zip code 97209. The property is a single-story, 2nd generation storefront space totaling 2,088 square feet, perfect for a variety of retail uses. This is a multi-tenant building, offering a dynamic and established commercial environment. The address provides excellent visibility and accessibility within a high-traffic area known for its pedestrian foot traffic and upscale clientele. The space is ready for immediate occupancy, presenting a turnkey solution for businesses seeking a prime location in a sought-after neighborhood. The property's location in the Pearl District offers unparalleled access to a diverse range of amenities, including restaurants, shops, and cultural attractions. This is an exceptional chance to establish or expand a business in a thriving and highly desirable area of Portland. The space's 2nd generation status indicates previous retail occupancy, suggesting existing infrastructure suitable for a quick and efficient setup. Detailed specifications regarding the building's total square footage are unavailable at this time. Interested parties are encouraged to schedule a viewing to fully assess the potential of this remarkable retail space. The property is situated at latitude 45.52481005 and longitude -122.68223112.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Troy Laundry Vacation Rental Hotel & Motel
  • Stacy Alexander Studios Art Studio
  • Ptarmigan Design Inc Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Raven John Counselor
  • Einbender Studios Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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