Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

602-616 NW 21st Ave
Portland, OR 97209
Retail Property For Sale

Executive Summary

Prime investment opportunity in heart of Nob Hill/Alphabet district. Building tenants include Cinema 21, SIde Eye restaurant and bar, and Quick Stop mini mart. Nearby tenants include, Blue Moon, and Trader Joe's, Eb and Bean, Negiant, and Scotty's Pizza.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
C
Year Built
1925
Price
$2,250,000
Price Per SF
$225
Cap Rate
6.92%
NOI
$155,624
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.23 AC
Zoning
CS
Frontage
95’ on NW 21st Ave

Amenities

  • Bus Line
  • Signage

Property Taxes

Property Taxes

Parcel Number
R198491
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,425,730
  • Listing ID: 37029200

  • Date on Market: 7/30/2025

  • Last Updated:

  • Address: 602-616 NW 21st Ave, Portland, OR 97209

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}