Retail Business for Sale in Portland, OR
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Portland, OR 97204
Description
Commonwealth Building | Retail & Restaurant For Lease
Market Context
This retail in Portland, OR is listed for sale. It has been on the market for 147 days. Compare it against other retail listings for sale in Portland, OR — <a href="/search/sale/retail/oregon/portland">view the full market</a>.
As of Q1 2026, the Portland retail market showed a 10.0% vacancy rate, average asking rents near $45.00/SF/yr, rents up 16.0% year over year, and cap rates around 6.4%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Portland?
- About 6.4% as of Q1 2026, per Consensus.
- Is the Portland retail market tightening or softening?
- Vacancy is around 10.0%, with asking rents rising year over year (Q1 2026).
Contact
- Austin Cain · 503 221 4833 · austin.cain@cbre.com
- Taki Chalkiopoulos · 503 221 4832 · taki.chalk@cbre.com
Explore this market
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