1120 21St Ave Portland, OR 97209
- Retail space
- 6,500 SF
- 0.23 lot acres
Current Use by Public Records
- Sherwin-Williams Paint Store / Paint Manufacturer / Painting
Property Details for 1120 21St Ave
- Year built
- 1924
- Lot size
- 0.23 lot acres
- Property size
- 6,500 SF
- Zone code
- CS
- Property type
- Retail space
- APN
- 1N1E33BA 02400
- APU
- 1N1E33BA02400
Description
This exceptional 2,913-square-foot retail storefront, located at 1120 NW 21st Ave in Portland, Oregon, presents a unique investment opportunity. Built in 1924 and extensively renovated in 2020-2021, the property boasts a warm-shell interior featuring expansive storefront windows, exposed ceilings, and abundant natural light from multiple skylights. The single-tenant space enjoys high visibility due to its corner location on bustling NW 21st Avenue, ensuring significant street frontage and exposure for any business. Its strategic position along the Streetcar line at the intersection of NW 21st and Northrup provides easy access to public transportation. The property's convenient location offers proximity to I-405, a large residential population (apartments, condos, and homes), and a vibrant mix of restaurants, entertainment venues, and shopping options. The property is zoned CM2 (Commercial Mixed-Use) in Multnomah County and includes on-site parking shared with a strong co-tenant, Sherwin Williams. Modern upgrades include HVAC and seismic improvements. This is a rare opportunity to acquire a well-located, updated retail space in a thriving Portland neighborhood. The property features one story and is situated in the 97209 zip code.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.694
- Latitude
- 45.5311
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
