Contacts

Briana Mathias

Macadam Forbes

Property Details

Property Type Retail - Street Retail
Property Size 7,000 SF
Units 6
Lot Size 0.13 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1910
Date Updated Aug 28, 2024

The Northwest 23rd area in Portland, Oregon, is a vibrant, urban neighborhood known for its diverse and dynamic population. Residents include a mix of young professionals, families, and long-time locals. The area is characterized by a high level of education, with many residents holding college degrees. Income levels are generally above average, reflecting the area's appeal to affluent individuals and families. The community is culturally rich, with a strong emphasis on sustainability and active lifestyles, making it one of Portland’s most desirable neighborhoods to live and work.Invest in a Property with Proven Success and Future Potential! This is a rare opportunity to own a prime piece of real estate in one of Portland’s most desirable neighborhoods. With a blend of residential and retail tenants, and an additional buildable portion of the lot, this property offers a diversified income stream and room for future development. Property significantly benefits from new multi-family housing projects in the neighborhood, other nearby retail stores driving foot-traffic and the planned reinvigoration of the eastern lot on Thurman Street. Seller is open to seller-carry financing options. Please do not disturb onsite tenants. Contact Broker to setup tours.

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Highlights

Long-term Ownership: Owned and meticulously managed by the same owner since 1985.
Versatile Space: Approximately 7,000 SF mixed-use building featuring 3 ground floor retail tenants and 3 spacious 2-bedroom residential apartments. Buyer to do due diligence on square footage.
Owner's Office: Includes a small office space on the second floor, currently occupied by Owner/On-site Manager.

Getting around

98/100
Walk Score ®
52/100
Transit Score ®
97/100
Bike Score ®

Powered by Walk Score ®

City Portland, OR
Neighborhood Nob Hill - Northwest District
Zip Code 97210
Market Portland

Points of Interest

Northwest Northrup & 22nd

0.37 miles
Northwest Northrup & 21st

0.43 miles
Northwest Lovejoy & 21st

0.50 miles
Northwest Northrup & 18th

0.62 miles
Northwest Lovejoy & 18th

0.66 miles
Northwest Lovejoy & 13th

0.87 miles
Northwest 11th & Marshall

0.94 miles
Northwest Lovejoy & 9th

1.05 miles
Northwest 11th & Glisan

1.09 miles
Northwest 10th & Couch

1.26 miles

Astro

0.44 miles
Pacific Pride

0.81 miles
Electric Island

1.50 miles
Shell

1.67 miles
Blink

1.84 miles
Electric Avenue

1.85 miles
76

1.91 miles
Chevron

2.05 miles
Kwik-Gas

2.40 miles
eVgo

3.29 miles

Wilcox Parking

0.37 miles
Lower Macleay Park Trailhead

0.58 miles
City Center Parking

0.62 miles
Oregon Holocaust Memorial

0.88 miles
Pearl Parking

1.08 miles
Station Place Garage

1.12 miles
PMC

1.15 miles
Pearl Auto Park

1.16 miles
Widmer Brewing

1.26 miles

Nancy's Kitchen

0.02 miles
Big Dan's West Coast Bento

0.03 miles
Ataula

0.04 miles
HARU Sushi

0.06 miles
Fillmore Trattoria

0.08 miles
Life of Pie

0.09 miles
Moberi

0.09 miles
Pine State Biscuits

0.09 miles
Killer Burger

0.13 miles
St. Jack

0.14 miles

Food Front

0.01 miles
New Seasons Market

0.25 miles
Trader Joe's

0.72 miles
Safeway

0.85 miles
Basics Market

0.85 miles
Zupan's

0.87 miles
Fred Meyer

0.90 miles
Whole Foods Market

1.19 miles
World Foods

1.25 miles
Target

1.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.