221 11Th Ave Portland, OR 97209
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.