1111 Washington St Portland, OR 97205
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.
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West End Bikes (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
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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.