This is a Rare Mix-Use commercial ground lease opportunity on a 5,000 sq ft CM2-zoned property
North Portland's most active commercial corridor
Paved Off-street parking
Updated 3drm/2 ba, updated electrical for food cart and festoon lighting plug-ins
Mississippi Avenue is one of Portland's most walkable & amp; commercially active corridors
Strong daily pedestrian & vehicle traffic providing excellent business visibility, dense mix of cafes,
restaurants, retail, galleries & music venues Property fronting onto N Mississippi Ave
The property is ideal for:
*Flexible Live/Work
*Food Cart (subject to Multnomah County Health and permitting requirements)
*Offices, Professional Services
*Creative Studios and Business
*Entrepreneur seeking high-visibility space
*Retail sales and Services
Subject to City of Portland permitting requirements for Signage, structural modifications
Lease Terms
Base Rent: $3,250/month (property taxes, insurance, management fee, landscaping), $500 cleaning (non-refundable)
Security Deposit $1850
Additional $400/month for food cart space and/or extension of the business that uses the courtyard as a part of the business operations available together or structured as a combined commercial concept
Lease Type: Property taxes, insurance, management fee, landscaping are included in base rent. Tenant is responsible for all utilities.
Initial Term: 18 months or 2-3 yrs, with renewal options
Pets- 1 dog/cat 20lbs or less and no aggressive breed- $60 monthly and $500 deposit
Total Due at Signing (doesn't include pet expenses) $5,600
House + Food Cart Pad + Extended External Business + Security Deposit +Cleaning fee
Total Due at Signing (doesn't include pet expenses) $6,000
Tenant Requirements
Prospective tenants should be prepared to provide the following:
Commercial general liability insurance of $1,500.000 per occurrence, naming the Landlord as additional insured
A personal guaranty from the tenant's authorized principal
Evidence of applicable business licenses and Multnomah County food cart permits (if operating the pad)
For more information or to schedule a showing, please contact:
House for rent
$3,250/moFees may apply
4124 N Mississippi Ave, Portland, OR 97217
3beds
1,300sqft
Price may not include required fees and charges. Learn more|
Single family residence
Available now
What's special
Paved off-street parking
- 65 days |
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Zillow last checked:
Listing updated:
The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total interior livable area: 1,300 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 1N1E22CA0700001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Portland
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $3,250-7.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2026 | Price change | $3,500-12.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/7/2026 | Price change | $4,000+14.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2026 | Listed for rent | $3,500+7.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/29/2026 | Listing removed | $3,250$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/13/2026 | Listed for rent | $3,250$3/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Boise
Nearby schools
GreatSchools rating
- 7/10Boise-Eliot Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Harriet Tubman Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 0.6 mi







