1439 Halsey St, Portland, OR 97232-1475
This exceptional 5,523-square-foot commercial space, located in the vibrant Lloyd District of Portland, Oregon, presents a unique opportunity for a restaurant or retail business. The property boasts a prime corner location on NE Halsey Street, offering exceptional visibility and ample street frontage. The building features a striking brick exterior with bright awnings, plentiful windows, and exterior lighting, ensuring high visibility to potential customers. The space benefits from exclusive off-street parking, a significant advantage in this busy commercial area. Previously occupied by a full-service restaurant, the interior is fully built-out, offering significant square footage ideal for indoor dining or retail display. The large interior space allows for flexible layout options to suit various business needs. Abundant opportunities for signage further enhance the property's marketing potential. The Lloyd District is a bustling commercial hub, anchored by major venues such as the Oregon Convention Center and the Moda Center, which regularly host large events, guaranteeing high foot traffic and visibility. The property's proximity to the Lloyd Center Mall provides additional exposure to a large consumer base. This turnkey space is ready for immediate occupancy, offering a rare chance to establish a thriving business in a highly desirable location. The entire 5,523 square feet is currently vacant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CXD · Portland, ORPortland. Always verify with local authorities before improvements.
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.