Retail Business for Sale in Portland, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Portland, OR 97205

Description

1,721 SF Ground Retail Space | Eliot Tower Class A Downtown Retail Space Elliot Tower features 18 stories with 223 residential condos, making this Retail space an ideal location, attracting building residents as well as visitors.

Market Context

This retail in Portland, OR is listed for sale. It has been on the market for 148 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).

Unified Estimate

Very Low Confidence

$200.99/SF – $271.93/SF

Mid: $236.46/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-francisco (similarity: 100%) with 11 comparable listings.

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