77 NE Grand Ave Portland, OR 97232
Property profile & analytics
77 NE Grand Ave Portland, OR 97232
- Apartment buildings
- 137,519 SF
- 0.58 lot acres
Property ID
US71-0790738
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.
Location Intelligence
Current Use by Public Records
- Slcc.lashes Portland / Hair Salon
- Wild Roots Spirits / Brewery & Distillery / Bar & Pub
- Grupp & Rose Photography / Photography Service / (Bike/Boat/Book/etc) Store
- Paul Grupp Photography / Photography Service / (Bike/Boat/Book/etc) Store
- Synchronized Style / Hair Salon
Property Details for 77 NE Grand Ave
- Year built
- 2016
- Lot size
- 0.58 lot acres
- Property size
- 137,519 SF
- Zone code
- EXD
- Property type
- Apartment buildings
- APN
- 1N1E35CB 08900
- APU
- 1N1E35CB08900
Description
Exceptional retail opportunity at Strauss on Burnside, located at 77 NE Grand Ave, Portland, OR 97232. This prime location sits at the intersection of NE Grand Avenue and E Burnside Street, in the vibrant Central Eastside submarket of Southeast Portland, Multnomah County. The property offers several flexible spaces ideal for a variety of service-oriented businesses. Suite 4, a 1,278 square foot space, is perfect for retail, service, wine tasting, or café uses and is available immediately at a lease rate of $28 per square foot plus NNN. Suite 5, measuring 1,227 square feet, is suited for tasting rooms, taprooms, or coffee/tea shops and will be available January 9, 2025, with a lease rate of $32 per square foot plus NNN. Two additional suites are also available immediately: Suite 6, a 710 square foot retail/service space, and Suite 7, a 654 square foot retail/service space, both leasing at $28 per square foot plus NNN. The property is zoned EX. Please note that the property is currently multi-tenant. Interested parties should inquire for further details.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- Off market
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $46,739,000
- AI Estimate
- $46,739,000
Market price range: $21.9M - $54.3MMarket price range: $21.9M - $54.3M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $36,565,000 Current use
- RESTAURANT
- $47,095,000 Change: +29% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $44,415,000 Change: +21% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $41,990,000 Change: +15% Conversion: Difficult
- MEDICAL BUILDING
- $41,540,000 Change: +14% Conversion: Moderate
- RETAIL STORES
- $41,285,000 Change: +13% Conversion: Difficult
- OFFICE BUILDING
- $39,745,000 Change: +9% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.661
- Latitude
- 45.5233
- 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
$454,274
$0.00
$0.00
$17,143,240
-
$5,031,400
$36,833,310
$41,864,710
