1211 5Th AvePortland, OR 97204

Property Details for 1211 5Th Ave

Year built

1988

Lot size

0.92 AC

Property size (Sq ft)

596,161 SF

Zone code

CXD

Property type

Office properties

APN

1S1E03BC 00900

APU

1S1E03BC00900

Description

This exceptional retail property, located at 1211 SW 5th Ave in Portland, Oregon's vibrant Multnomah County (zip code 97204), offers 6,790 square feet of versatile space currently available for lease. The property is categorized as retail, with suitable subtypes including restaurant, deli, and office uses. Multiple tenancy options are available, with spaces ranging from a minimum of 710 square feet to a maximum contiguous space of 3,167 square feet. The entire 6,790 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple businesses seeking a prime location in the heart of Portland. This property is ideally suited for a variety of retail concepts, offering high visibility and accessibility. The address is easily accessible and situated within a thriving commercial district. The property's location provides excellent exposure to high foot traffic and significant vehicular traffic. This is an exceptional opportunity to establish or expand your business in a dynamic and desirable area of Portland. Contact us today to learn more about leasing options and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $163,741,584

  6.5%

  $151,146,080

  7%

  $140,349,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $114,808,688

  Geo Method

  $114,808,688

• Alternative Use

  Use

  Valuation

  Residential

  $187,421,136

  Hospitality

  $171,676,752

  Educational

  $142,833,040

  Medical

  $147,745,280

  Retail

  $222,184,736

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5153

Longitude

-122.68

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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