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1021 NE Grand Ave
Portland, OR 97232 Lloyd District

Price Upon Request

Hotel For Sale  •  88,863 SF

Property Details

• Property Type Hotel
• Total Building Size 88,863 SF
• Lot Size 0.87 AC
• Building Class B
• Year Built 1963
• Tenancy Multiple
• Zoning CXD

82 Transit Score

91 Walk Score

Highlights

Prime location adjacent to the Oregon Convention Center in Portland’s Lloyd District

Offered unencumbered by management and debt, enabling a seamless repositioning strategy

Flexible branding options: independent, soft brand, or full rebrand

Comprehensive $37 million renovation completed in 2015, ensuring institutional-quality infrastructure

Multiple food and beverage outlets, meeting space, and structured parking enhance guest experience

CMBS loan assumption opportunity with favorable leverage and terms

Amenities

• Business Center
• Fitness Center
• Restaurant
• High Speed Internet Access
• Patio
• On-Site Bar
• Boutique/Lifestyle Hotel
• Meeting Event Space
• Public Access Wifi
• Smoke-Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.2 mi
	16 min	-	8.6 mi
Transit/Subway	Drive	Walk	Distance
Convention Center (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	2 min	0.1 mi
NE 7th (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	3 min	0.2 mi
Rose Quarter (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	3 min	5 min	0.3 mi
Lloyd Center/NE 11th (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	7 min	0.4 mi
Interstate/Rose Quarter (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	8 min	0.4 mi
Airport	Drive	Walk	Distance
Portland International	20 min	-	11.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	37
Type:	Surface
Included in Rent:	Yes