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Sky3 1221 SW 11th Ave 1,560 - 8,742 SF of 4-Star Retail Space Available in Portland, OR 97205

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HIGHLIGHTS

  • West End of Downtown Portland
  • Directly on Portland Streetcar Stops for B and NS Loops
  • Three Blocks from Portland State University
  • Walking Distance to Portland Art Museum, Arlene Schnitzer, South Park Blocks

ALL AVAILABLE SPACES(4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground, Ste Retail 1
  • 3,326 SF
  • Negotiable
  • $27.00 /SF/YR $2.25 /SF/MO $89,802 /YR $7,484 /MO
  • Retail
  • Full Build-Out
  • June 30, 2026

Available June 2026 *DO NOT DISTURB TENANT

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Ground, Ste Retail 2
  • 1,560 SF
  • Negotiable
  • $27.00 /SF/YR $2.25 /SF/MO $42,120 /YR $3,510 /MO
  • Retail
  • Shell Space
  • Now

1,560 RSF Retail / Service Space - Frontage Along SW Jefferson St - Available Now - Combinable with Adjacent Suite for 3,265 RSF

  • Lease rate does not include utilities, property expenses or building services
  • Space In Need of Renovation
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 3,265 SF of adjacent space
  • Ground, Ste Retail 3
  • 1,705 SF
  • Negotiable
  • $27.00 /SF/YR $2.25 /SF/MO $46,035 /YR $3,836 /MO
  • Retail
  • Shell Space
  • Now

1,705 RSF Retail / Service Space - Frontage Along SW Jefferson St - Available Now - Combinable with Adjacent Suite for 3,265 RSF

  • Lease rate does not include utilities, property expenses or building services
  • Space In Need of Renovation
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 3,265 SF of adjacent space
  • Ground, Ste Retail 4
  • 2,151 SF
  • Negotiable
  • $27.00 /SF/YR $2.25 /SF/MO $58,077 /YR $4,840 /MO
  • Retail
  • Partial Build-Out
  • Pending

2,151 RSF Coffee / Cafe Space - Frontage Along SW Jefferson St - Available Now - 1,139 SF Ground Floor + 1,012 SF Mezzanine

  • Lease rate does not include utilities, property expenses or building services
  • Space In Need of Renovation
  • Mezzanine
  • Highly Desirable End Cap Space
  • Mezzanine
Space Size Term Rental Rate Space Use Condition Available
Ground, Ste Retail 1 3,326 SF Negotiable $27.00 /SF/YR $2.25 /SF/MO $89,802 /YR $7,484 /MO Retail Full Build-Out June 30, 2026
Ground, Ste Retail 2 1,560 SF Negotiable $27.00 /SF/YR $2.25 /SF/MO $42,120 /YR $3,510 /MO Retail Shell Space Now
Ground, Ste Retail 3 1,705 SF Negotiable $27.00 /SF/YR $2.25 /SF/MO $46,035 /YR $3,836 /MO Retail Shell Space Now
Ground, Ste Retail 4 2,151 SF Negotiable $27.00 /SF/YR $2.25 /SF/MO $58,077 /YR $4,840 /MO Retail Partial Build-Out Pending

Ground, Ste Retail 1

Size
3,326 SF
Term
Negotiable
Rental Rate
$27.00 /SF/YR $2.25 /SF/MO $89,802 /YR $7,484 /MO
Space Use
Retail
Condition
Full Build-Out
Available
June 30, 2026

Ground, Ste Retail 2

Size
1,560 SF
Term
Negotiable
Rental Rate
$27.00 /SF/YR $2.25 /SF/MO $42,120 /YR $3,510 /MO
Space Use
Retail
Condition
Shell Space
Available
Now

Ground, Ste Retail 3

Size
1,705 SF
Term
Negotiable
Rental Rate
$27.00 /SF/YR $2.25 /SF/MO $46,035 /YR $3,836 /MO
Space Use
Retail
Condition
Shell Space
Available
Now

Ground, Ste Retail 4

Size
2,151 SF
Term
Negotiable
Rental Rate
$27.00 /SF/YR $2.25 /SF/MO $58,077 /YR $4,840 /MO
Space Use
Retail
Condition
Partial Build-Out
Available
Pending

Ground, Ste Retail 1

Size 3,326 SF
Term Negotiable
Rental Rate $27.00 /SF/YR
Space Use Retail
Condition Full Build-Out
Available June 30, 2026

Available June 2026 *DO NOT DISTURB TENANT

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space

Ground, Ste Retail 2

Size 1,560 SF
Term Negotiable
Rental Rate $27.00 /SF/YR
Space Use Retail
Condition Shell Space
Available Now

1,560 RSF Retail / Service Space - Frontage Along SW Jefferson St - Available Now - Combinable with Adjacent Suite for 3,265 RSF

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space In Need of Renovation
  • Can be combined with additional space(s) for up to 3,265 SF of adjacent space

Ground, Ste Retail 3

Size 1,705 SF
Term Negotiable
Rental Rate $27.00 /SF/YR
Space Use Retail
Condition Shell Space
Available Now

1,705 RSF Retail / Service Space - Frontage Along SW Jefferson St - Available Now - Combinable with Adjacent Suite for 3,265 RSF

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space In Need of Renovation
  • Can be combined with additional space(s) for up to 3,265 SF of adjacent space

Ground, Ste Retail 4

Size 2,151 SF
Term Negotiable
Rental Rate $27.00 /SF/YR
Space Use Retail
Condition Partial Build-Out
Available Pending

2,151 RSF Coffee / Cafe Space - Frontage Along SW Jefferson St - Available Now - 1,139 SF Ground Floor + 1,012 SF Mezzanine

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Space In Need of Renovation
  • Mezzanine
  • Mezzanine

PROPERTY FACTS

Total Space Available 8,742 SF
No. Units 186
Max. Contiguous 3,265 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Hi-Rise
Building Size 215,320 SF
Year Built 2017

ABOUT THE PROPERTY

2nd-Generation Retail / Service Space in Downtown Portland's West End Steps from the PSU Campus and Directly on Portland Streetcar Retail 1: 3,326 RSF $27 - $29 psf + NNN Available June 2026 *DO NOT DISTURB TENANT -------------------- Retail 2: 1,560 RSF / 1,447 RSF $27 - $29 psf + NNN Available Now -------------------- Retail 3: 1,705 RSF / 1,497 USF $27 - $29 psf + NNN Available Now -------------------- Retail 4: 2,151RSF AT LEASE -------------------- **Potential to Combine Suites 2 & 3 for Total of 3,265 RSF** -------------------- Property Features: • 2nd-Generation Retail / Service / Coffee Space in Downtown Portland's West End • Ground Floor of a Mixed-Use Apartment Building • Frontage Along SW Jefferson Street Between SW 11th & SW 12th • Building Co-Tenant is Karam Restaurant and Bar -------------------- Location Features: • Prime High-Traffic Location on the West End of Downtown Portland, Steps from Retail and Dining • Three Blocks from the Portland State University Campus (22,000+ Total Students) • Directly on the Portland Streetcar Stop for B and NS Loops • Portland Art Museum, Arlene Schnitzer Concert Hall, and the South Park Blocks within a Short Distance

Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (93)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Safeway
24 Hour Fitness
Bank of America
Heritage Bank
U.S. Bank
Chase
Bank of Montreal
The Melting Pot
Fogo de Chão
  • Listing ID: 27842150

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 1221 SW 11th Ave, Portland, OR 97205

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