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Riverstone @ The Blocks

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Riverstone @ The Blocks

821 1023 NW 11th Ave, Portland, OR 97209
Retail For Sale Available Built 1998 1 floors
Asking Price
$3,870,000
Total Building10,249 SF
Available10,249 SF avail
Land361 SF land
MarketNot Assigned
CountyMultnomah

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
306588
Listing ID
710699
Type
Retail
Asset Class
Retail
Zoning

Description

• 10,249 SF retail condo in Portland’s Pearl District 62% leased to 4 tenants• Value-add opportunity upon lease-up of 3 available suites ranging between 837-1,991 SF• Wells Fargo occupies nearly 26% of the GLA and has occupied the Property for over 20 years, providing institutional-credit income through September 2030 with 1, 5-year option• Cool Moon Ice Cream is a beloved Pearl District artisan ice cream shop, operating since 2008 and frequently cited among Portland’s best; featured by Travel Oregon, Portland Monthly, and Eater Portland• Piazza Italia is a well-established Italian restaurant with a loyal following and in operation at this location for over 25 years, with an extension currently being negotiated by Seller• Part of The Blocks mixed-use portfolio (10 buildings; ~94,000+

Listing Courtesy of:

ST
Sean Tufts
Northmarq Commercial, LLC
130 Nickerson Street, Ste 211,
Seattle, WA 98109
State: OR City: Portland ZIP: 97209 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.