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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1111 Washington St Portland, OR 97205

35,232 SF Built 1923
Property ID
Property summary
AI-generated overview

This exceptional 4,399 square foot retail space is situated in Portland's vibrant West End neighborhood, a bustling area known for its high foot traffic and diverse clientele. The property is part of a larger 35,232 square foot building constructed in 1923 and features a storefront with a mezzanine level, offering versatile layout options. This second-generation retail space presents a unique opportunity for businesses seeking a prominent location within a thriving commercial district. The building enjoys an unparalleled location, surrounded by a concentration of high-end hotels, including The Ritz-Carlton, and is in close proximity to numerous popular establishments such as Bamboo Sushi, Nuvrei Cafe, Cheryl's, Mark Spencer Hotel, Powell's City of Books, Ace Hotel, Hyatt Centric Hotel, Jake's Famous Crawfish, and Patagonia. The soon-to-open Milworks further enhances the area's appeal. Convenient public parking is readily available, including the new 11W parking garage directly across the street on SW 12th Avenue. The location boasts exceptional walkability and bikeability, reflected in its Bike Score of 100 and Transit Score of 93, ensuring easy access for employees and customers alike. This is a rare opportunity to establish a business in one of Portland's most desirable and high-traffic retail areas. The space is currently available for lease.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1923
Total area 35,232 SF
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
  • West End Bikes (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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