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555 12Th AvePortland, OR 97209

10,000 SF Retail/Restaurant in Portland, OR

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 10,000 square foot retail and restaurant property is located at 555 NW 12th Ave in Portland, Oregon's vibrant Pearl District. Situated on a 0.23-acre lot in Multnomah County (zip code 97209), this single-tenancy building presents a compelling investment opportunity for owner-users or developers. The property boasts a Central Employment (EX) zoning designation, offering significant flexibility. A 6:1 floor area ratio (FAR) is in place, with potential for a 9:1 FAR through bonuses. The current owner holds an open permit for a restaurant, bar, and event venue, streamlining the path to immediate operation or redevelopment. The location is highly desirable, benefiting from abundant street parking and a thriving neighborhood filled with award-winning restaurants, bars, high-density housing, and offices, all within a walkable urban setting. This prime location ensures high foot traffic and visibility, making it an ideal space for a variety of businesses. The property's size and zoning provide ample room for expansion or adaptation to suit a wide range of commercial ventures. This is a rare chance to acquire a significant asset in one of Portland's most sought-after neighborhoods. Lease rate and term details are available upon request.

Highlights

  • 10,000 SF retail/restaurant building in Portland's Pearl District.
  • Located on a 0.23-acre lot in Multnomah County (97209).
  • Single-tenancy building with Central Employment (EX) zoning.
  • 6:1 FAR, potential for 9:1 FAR bonus.
  • Open permit for restaurant, bar, and event venue.
  • High foot traffic location with abundant street parking.

Property Details for 555 12Th Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
10,000 SF

Unit(s) available at that property

Space
Size
10,000 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.527175214664
Longitude
-122.68334689974
555 12Th Ave, Portland, Oregon

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Contacts

Nicholas Diamond
Nicholas Diamond
Riley Henderson
Riley Henderson
Dave Ellis
Dave Ellis
Visit Broker Website

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555 12Th Ave, Portland, Oregon, 97209

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

555 12Th Ave
  • Nicholas Diamond
    Nicholas Diamond
  • Riley Henderson
    Riley Henderson
  • Dave Ellis
    Dave Ellis
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