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919 NW 23rd Ave
Portland, OR 97210
Retail Property For Sale


Investment Highlights
- Heavy foot traffic
- Excellent outdoor covered patio
- Recently upgraded with high-end finishes
- ADA accessible
Executive Summary
919 NW 23rd Avenue presents a rare owner-user opportunity along one of Portland’s most established and pedestrian-driven commercial corridors. The property has been fully renovated with high-end finishes throughout and will be delivered vacant, allowing immediate occupancy without lease rollover risk or near-term capital requirements.
The building has four floors, offering flexibility for a wide range of owner-user and hybrid business models. The ground floor features a bar and tasting room with strong street visibility and presence along NW 23rd Avenue. The main floor is designed for assembly use and is complemented by covered outdoor seating, well suited for hospitality, experiential retail, or event-oriented concepts. The upper floor provides flexible space suitable for office, studio, or creative use. The top floor is a renovated bonus space, offering additional functional square footage to support operational or creative needs.
Located in the heart of the Alphabet District, the property benefits from consistent foot traffic, destination retailers, food and beverage concepts, as well as proximity to dense, affluent neighborhoods that drive sustained demand.
Ownership provides long-term control over occupancy, branding, and operating strategy within a corridor defined by limited supply and durable performance. This offering delivers a turnkey, highly functional asset in one of Northwest Portland’s most popular locations.
The building has four floors, offering flexibility for a wide range of owner-user and hybrid business models. The ground floor features a bar and tasting room with strong street visibility and presence along NW 23rd Avenue. The main floor is designed for assembly use and is complemented by covered outdoor seating, well suited for hospitality, experiential retail, or event-oriented concepts. The upper floor provides flexible space suitable for office, studio, or creative use. The top floor is a renovated bonus space, offering additional functional square footage to support operational or creative needs.
Located in the heart of the Alphabet District, the property benefits from consistent foot traffic, destination retailers, food and beverage concepts, as well as proximity to dense, affluent neighborhoods that drive sustained demand.
Ownership provides long-term control over occupancy, branding, and operating strategy within a corridor defined by limited supply and durable performance. This offering delivers a turnkey, highly functional asset in one of Northwest Portland’s most popular locations.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,247 SF
Building Class
C
Year Built/Renovated
1906/2016
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.93
Lot Size
0.08 AC
Zoning
CM2 - Commercial Mixed Use 2
Frontage
33’ on NW 23rd Ave
Amenities
- Bus Line
- Commuter Rail
- Signage
Property Taxes
| Parcel Number | R198628 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $438,080 |
Property Taxes
Parcel Number
R198628
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$438,080
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