0 23Rd Ave Portland, OR 97210
This exceptional retail opportunity is located in the heart of Portland's Uptown district, a vibrant and affluent area connecting the urban core with the West Hills. The Uptown Shopping Center, a historically significant property recognized as Oregon's first shopping center, offers 24,390 square feet of retail space spread across seven suites. Currently, there are 20,002 square feet of vacant space available, providing significant potential for new tenants. The property offers flexible space options, with minimum divisible units of 933 square feet and a maximum contiguous space of 4,450 square feet, catering to a variety of business needs. Its strategic location at the intersection of W Burnside St and NW 23rd Ave in Portland, Oregon (zip code 97210), ensures high visibility and accessibility for customers. This is a rare chance to secure a prominent retail presence in one of Portland's most desirable and established shopping districts within Multnomah County. The property's rich history and prime location make it an ideal investment for businesses seeking a thriving and well-connected retail environment. The available space presents a unique opportunity to establish or expand a business in a high-traffic area with a strong customer base.
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.