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1422-1434 NW 23rd Ave
Portland, OR 97210 Uptown Portland

$6,300,000 USD

Storefront For Sale  •  10,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,962 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1926
  • Tenancy Multiple
  • Zoning M3, Portland
59 Transit Score
97 Walk Score

Highlights

Located in Portland’s most coveted retail corridor. NW 23rd Ave frontage offers visibility to ~13,000 VPD.
Affluent, dense trade area: 36,000+ residents within 1 mile with $145,000 average household income.
100% leased to three esteemed restaurant concepts, delivering durable, daily-needs foot traffic.
~6-year WALT provides income durability and reduces near-term rollover risk.
All leases feature 3% annual rent increases, providing reliable, built-in income growth.
Casa Del Matador—a highly reviewed Mexican restaurant—has anchored nearly half the GLA since 2007.

Property Flyers

Amenities

  • Bus Line
  • Metro/Subway
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
6 min - 1.6 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 16 min - 9.3 mi
Transit/SubwayDriveWalkDistance
NW 23rd & Marshall (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 4 min 0.2 mi
NW 22nd & Northrup (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 5 min 0.2 mi
NW 21st & Northrup (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 6 min 0.3 mi
NW 22nd & Lovejoy (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 7 min 0.3 mi
NW 21st & Lovejoy (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Portland International 22 min - 11.2 mi
Michael Kapnick 503-210-4068 Northmarq
Michael Kapnick 503-210-4068 Northmarq