Retail Space
116 Northeast Russell Street Portland, OR 97212
Details & Description
Price: $1,900,000
    Built in 1907, this stunning 7,319* SF building on a 7,600 SF lot in the heart of N/NE Portland is chock full of history. Anchored on the ground floor by John & Renée Gorham’s renowned restaurant Toro Bravo, the building also houses Studio Datura, a belly dancing studio and event space. This lovingly restored property offers a diverse mix of uses including a nationally renowned restaurant and beautiful 210-occupant event venue, along with a 2,170 SF fully outfitted recording studio or creative office which can be owner-occupied or leased to fortify revenue.
    Property Highlights
     Year Built 1907, fully renovated 2004-2007
     Zoning CM2
    Additional Photos
    Listing Agents
    Sara Daley

    O: 503-595-7564
    M: 503-568-5908
    sara@cra-nw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    116 Northeast Russell Street

    Portland, OR 97212

    Listing ID: 260381
    • 116 Northeast Russell Street Portland, OR 97212 | for Sale | Photo 1
    • 116 Northeast Russell Street Portland, OR 97212 | for Sale | Photo 2
    • 116 Northeast Russell Street Portland, OR 97212 | for Sale | Photo 3
    • 116 Northeast Russell Street Portland, OR 97212 | for Sale | Photo 4
    • 116 Northeast Russell Street Portland, OR 97212 | for Sale | Photo 5
    116 Northeast Russell Street | for Sale | Thumbnail 1
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    Building Size: 7,319 SF
    Lot Size: 0.174 AC
    Land Size: 7,600 SF
    Building $/SF: $259.60
    Land $/SF: $250.00
    Price
    $1,900,000
    Property Highlights
    Zoning CM2
    Year Built 1907, fully renovated 2004-2007
    Description

    Built in 1907, this stunning 7,319* SF building on a 7,600 SF lot in the heart of N/NE Portland is chock full of history. Anchored on the ground floor by John & Renée Gorham’s renowned restaurant Toro Bravo, the building also houses Studio Datura, a belly dancing studio and event space. This lovingly restored property offers a diverse mix of uses including a nationally renowned restaurant and beautiful 210-occupant event venue, along with a 2,170 SF fully outfitted recording studio or creative office which can be owner-occupied or leased to fortify revenue.

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    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Portland History of Retail Space for Sale

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    Portland Area Market Trends

    Listing Demographics for 116 Northeast Russell Street Portland, OR 97212

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population26,124215,897407,349
    Population Median Age403939
    Population by Age0-9 Yrs1649 (6%)16930 (7%)36699 (9%)
    10-19 Yrs1373 (5%)15221 (7%)34136 (8%)
    20-29 Yrs4868 (18%)40385 (18%)68798 (16%)
    30-39 Yrs6194 (23%)47723 (22%)85440 (20%)
    40-49 Yrs4097 (15%)33043 (15%)62014 (15%)
    50-59 Yrs3037 (11%)23791 (11%)46000 (11%)
    60-69 Yrs2746 (10%)23223 (10%)42948 (10%)
    70+ Yrs2160 (8%)15580 (7%)31314 (7%)
    Median HH Income$73,616$73,530$75,903
    Total Household Income< 24K2654 (19%)20755 (19%)32115 (17%)
    25-49K2168 (16%)17081 (16%)30425 (16%)
    50-74K1931 (14%)15284 (14%)27985 (15%)
    75-99K1256 (9%)11813 (11%)22573 (12%)
    100-199K3627 (27%)27069 (25%)48445 (26%)
    200K+1655 (12%)12514 (11%)21139 (11%)
    Highest Education LevelNo Diploma789595514113
    Diploma or GED22441684035067
    Some College35623058958355
    Assoc. Degree1215904418252
    Bachelors Degree825263997108357
    Higher Degree56704428577374
    Total Housing Units14,498113,318196,355
    --Owner-Occupied4,69443,52990,477
    --Renter-Occupied8,59760,98792,206
    Owner-Occupied Values< 100K535521459
    100-199K316082430
    200-299K40732279158
    300-399K573668117640
    400-499K752879318568
    500K+28792366841222
    Total Working Age Population23,548189,919351,349
    In Work Force17,080138,973252,825
    Not In Work Force6,46750,94698,524
    Workforce Employed16,401133,132241,778
    Workforce Unemployed6565,77410,932
    Civlian Workforce17,057138,906252,710
    Military Workforce2366116
    Total Households13,291104,516182,683
    Family Households4,57440,38682,514
    Non-Family Households8,71764,130100,169
    Married Couple3,72232,68064,876
    Other Family8527,70617,638
    Married w/Child1,25412,18125,235
    Single Male w/Child1121,0652,608
    Single Female w/Child2693,1476,336

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Oregon3,421,399+123,831,074+114,264,810+114,727,438
    Multnomah County660,486+11735,334+12822,675+10906,904
    Washington County445,342+19529,710+17619,337+16718,633
    Washington5,894,121+146,724,540+147,638,415+118,503,178
    Clark County345,238+23425,363+17499,400+16576,879

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 116 Northeast Russell Street in Portland?
    The asking price for 116 Northeast Russell Street is $1,900,000
    What is the building size of this Retail property in Portland, OR?
    The size of the building/unit at 116 Northeast Russell Street in Portland is 7,319 square feet
    How much land does the Portland, OR property at 116 Northeast Russell Street include?
    116 Northeast Russell Street in Portland includes 0.174 acres of land
    What kind of Retail is the propery at 116 Northeast Russell Street?
    The property at 116 Northeast Russell Street Portland, OR 97212 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 116 Northeast Russell Street in Portland?
    The population within 1 mile of 116 Northeast Russell Street Portland, OR 97212 is 26,124 people.
    Who do I contact for questions about 116 Northeast Russell Street?
    You should contact the listing agent, Sara Daley , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Portland International Airport (PDX) 5
    Seattle Tacoma International Airport (SEA) 133
    Boeing Field King County International Airport (BFI) 139