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Riverstone @ The Blocks
821 - 1023NW 11th Ave Portland OR 97209
Listing #: 710699 | Status: Available | Last Modified: 3/30/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 4.25 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| Total Building SF | 10,249 SF |
| Net Rentable Area | 10,249 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 361 SF |
| Acres | 0.01 |
| Year Built | 1998 |
| Property Type | |
|---|---|
| Property Type | Retail |
| Location | |
|---|---|
| County | Multnomah |
| Cross Street | 820 NW 12th Ave |
| Market Area | Not Assigned |
| Tax ID # | R257426 |
Riverstone @ The Blocks
• 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+
Riverstone @ The Blocks
821 - 1023NW 11th Ave Portland OR 97209
Listing #: 710699 | Status: Available | Listing Date: 3/26/2026 | Last Modified: 3/30/2026 | Email Listing
For Sale
Riverstone @ The Blocks
