Peacock Building — Sale in Portland, OR
- Price: $2.5M
- Listing type: For sale
- Asset type: Retail Business
- Location: Portland, OR 97214
- Size: 11,374 SF
- Year built: 1928
Photos
Investment Figures
- Price per square foot
- $220
- Price per unit
- $500,000 across 5 units
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The Peacock Building is a multi-tenant retail building located in the Buckman neighborhood of inner SE Portland. This 11,374 square foot building offers five versatile suites with a variety of commercial uses, including retail, restaurant, and flex/tech. The building features three leased units and two units available for owner-users or tenants. The four spaces suitable for bars, restaurants, and retail range from 666 SF to 2,582 SF. Additionally, there is a 5,162 SF flex space with a roll-up door, allowing an owner to occupy more than 50% of the building. Recent tenants have included bars, a pastry shop, an event space, and a manufacturing/flex user, indicating the building's adaptability to various commercial needs. Building SF: 11374 | Land Size: 0.26 Ac | Year Built: 1928 | Listing Type: FOR SALE
Market Context
This retail in Portland, OR is listed for sale at $2,500,000 across 11,374 SF ($220/SF). The building dates to 1928. Compare it against other retail listings for sale in Portland, OR — view the full market.
As of Q2 2026, the Portland retail market showed a 4.7% vacancy rate, and average asking rents near $23.78/SF/yr. Source: multiple brokerage reports, Q2 2026.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Portland retail market tightening or softening?
- Vacancy is around 4.7% (Q2 2026).
Contact
- Cameron Schwab — Keller WIlliams Realty Portland Premiere · +15034510745 · schwab@kwcommercial.com
- Cameron Schwab · +15034510745 · schwab@kwcommercial.com
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