1030 NW 12th Ave
Portland OR 97209
Streetcar Lofts @ The Blocks
1030 NW 12th Ave Portland OR 97209
Listing #: 710702 | Status: Available | Last Modified: 3/30/2026 |
For Sale
- Phone:(206) 693-3352
- Email:seantufts@northmarq.com
- Office Name:Northmarq Commercial, LLC
- Office Phone:(206) 693-2239
- Office Website:
- Agent Phone:(503) 998-6572
- Agent Email:kadatto@northmarq.com
- Agent Phone:(206) 693-3329
- Agent Email:jdugoni@northmarq.com
- Agent Phone:(425) 628-7422
- Agent Email:jhallberg@northmarq.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,000,000.0
- $/SF$ 217.6
- Listing StatusAvailable
- Days on Market38
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 9.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF9193
- Net Rentable Area9193
- Total Office SF
- Largest Contiguous SF
- Lot SF324
- Acres0.01
- Property TypeRetail
- Office Type
- Building Class
- CountyMultnomah
- Vicinity
- Location Description
- Second Address
- Cross Street1023-1031 NW 11th Ave
- Market AreaNot Assigned
- Tax ID #R518327
- Additional ParcelsR518319, R518320, R518321, R518322, R518323, R518324, R518325, R518326
- Zoning
- Year Built2001
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Streetcar Lofts @ The Blocks
• 9,193 SF retail condo in Portland’s Pearl District • Signi?cant value-add / repositioning opportunity at 9%occupancy with 8,376 SF of available space across four suites • Sole tenant is Adore Day Spa (817 SF), a 15-year tenant with a lease through May 2030 and 1, 5-year option • Signi?cant below-market pricing at $218/SF presents a compelling basis relative to replacement cost • Available suites offer ?exibility for owner-occupancy, creative re-tenanting, or potential larger format spaces • Part of The Blocks mixed-use portfolio (10 buildings; ~94,000+ SF retail) • Supported by ~1,200 nearby residential condo units and strong walkable density
