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Property profile & analytics

220 2Nd Ave Portland, OR 97209

  • Office Properties & Spaces
  • 235,709 SF
  • 0.87 lot acres
Value Estimation
Location Intelligence
Property ID
US71-1880049
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • KB Pipeline Co / Auto Repair Shop / Government
  • JBL & K Risk Services / Insurance Agency
  • One Pacific Square Parking / Parking Lot
  • NNG Financial Corporation / Bank / Atm
  • Oregon Auto Shipping / Auto Broker

Property Details for 220 2Nd Ave

Year built
1984
Lot size
0.87 lot acres
Property size
235,709 SF
Zone code
CXD
Property type
Office Properties & Spaces
APN
1N1E34CA 04500
APU
1N1E34CA04500

Description

This exceptional Class A retail property, located at 220 NW 2nd Avenue in Portland, Oregon's vibrant Old Town, offers two available suites totaling 2,863 square feet. The building, completely renovated in 2020, presents a modern and dynamic environment ideal for restaurants or retail businesses. Each suite offers ample space, with a minimum divisible size of 1,308 square feet and a maximum contiguous space of 1,555 square feet. Currently, the entire 2,863 square feet is vacant, providing a unique opportunity for a single tenant to occupy the entire building or for two separate businesses to establish themselves in this highly desirable location. The property's prime location within Multnomah County, zip code 97209, ensures high visibility and foot traffic. Its modern design and street-side accessibility create a welcoming atmosphere for customers and employees alike. This landmark building offers a blend of modern amenities and historical charm, making it an exceptional investment opportunity in a thriving urban core. The property is categorized as both retail and restaurant space, making it suitable for a wide range of businesses. This is a rare chance to secure a prominent space in one of Portland's most sought-after neighborhoods.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Portland
County
Multnomah
State
Oregon
Longitude
-122.672
Latitude
45.5249
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$539,067
$0.00
$0.00
$28,414,880
-
$7,600,000
$25,719,120
$33,319,120
More about this property
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