322 8Th AvePortland, OR 97209

Property Details for 322 8Th Ave

Year built

1926

Lot size

0.11 AC

Property size (Sq ft)

5,000 SF

Zone code

CXD

Property type

Office properties

APN

1N1E34CB 04600

APU

1N1E34CB04600

Description

This exceptional 5,000-square-foot retail space is available for lease at 322 NW 8th Avenue in the heart of Portland, Oregon. Located in the vibrant 97209 zip code, this single-tenant property presents a unique opportunity for businesses seeking a high-visibility location. The entire 5,000 square feet is currently vacant, offering a blank canvas for a discerning tenant to customize the space to perfectly suit their needs. The property's prime location offers excellent foot traffic and visibility, making it ideal for a wide range of retail businesses. This is a rare chance to secure a substantial, well-situated retail space in a thriving Portland neighborhood. The property is easily accessible, with convenient access to major transportation routes and ample parking options nearby. The building's layout is flexible and adaptable, allowing for a variety of retail configurations. This is an exceptional opportunity to establish a strong retail presence in a dynamic and desirable area of Portland. Serious inquiries are encouraged to explore the potential of this outstanding retail property. Contact us today to schedule a viewing and discuss lease terms. The property is classified as retail and offers a single tenancy. Its latitude and longitude coordinates are 45.5205043 and -122.707349 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $1,373,300

  6.5%

  $1,267,662

  7%

  $1,177,114

• Comparable approach

  Method

  Valuation

  Relative Method

  $962,900

  Geo Method

  $962,900

• Alternative Use

  Use

  Valuation

  Residential

  $1,571,900

  Hospitality

  $1,439,852

  Educational

  $1,197,940

  Medical

  $1,239,139

  Retail

  $1,863,462

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5256

Longitude

-122.678

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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