Property profile

1-39 23RD PL Portland, OR 97210

OFF-MARKET
Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Property ID
US71-0918747
1.39 ac lot
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Property summary

AI-generated overview

A historic, grocery and pharmacy–anchored retail shopping center located in Portland’s Uptown District, positioned at the foot of the city’s affluent West Hills and along urban corridors connecting the city core to the West Hills. The center contains prominent retail spaces with visibility to Burnside Street and windows overlooking the NW 23rd shopping corridor, and it includes off-street customer parking. The property is configured for retail uses and has historically supported day-to-day needs uses such as grocery and pharmacy, along with complementary categories including health, beauty, food, home, apparel, and restaurant uses; one retail space within the center is approximately 4,338 square feet.

Property profile

Verified
Property type Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Lot 1.39 ac (60,679 SF)
APN 1N1E33CB 06304
UPID US71-0918747

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1-39 23RD PL Portland, OR 97210
Portland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$30.8M
1 recorded transaction
2024
$30.8M
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