Renovated Mixed-Use Building in Portland’s Foster-Powell Neighborhood

For Lease

5338 SE Foster Rd, Portland, OR 97206

You can currently find 1 retail space(s) available for lease at Renovated Mixed-Use Building in Portland’s Foster-Powell Neighborhood. Designated use type for space listed here includes retail.

Space Available For Lease 1

Contacts

Tamer Riad
Robbie MacNichol

Property Details

  • Property Type Retail
  • Year Built 1911
  • Year Renovated 2019
  • Date Updated May 20, 2026

Renovated mixed-use building located along SE Foster Road in Southeast Portland’s active Foster-Powell corridor. The property offers strong visibility, steady foot traffic, and excellent accessibility via nearby bus routes, bike lanes, and walkable amenities.

Originally constructed in 1911 and fully renovated in 2019 by Wright Architecture, the building preserves its historic character while incorporating modern systems and updated interiors.

Total Available: 3,710 SF across two floors plus basement
Ground Floor (Retail – 2,307 SF): Open floor plan, commercial kitchen, kitchenette, and private restrooms
Second Floor (Office – 803 SF): One private office, one meeting room, and open workspace
Basement (605 SF): Storage

Ideal for retail, food & beverage, creative office, or service-oriented users seeking a distinctive presence in a vibrant neighborhood setting.

Active

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Excellent street visibility and walkable neighborhood
  • Minimal capital needs – turnkey condition
  • Mix of retail and office space ideal for owner-user or leased investment
  • Modern systems and finishes throughout
  • Prime location in Portland’s revitalized Foster-Powell corridor
  • Renovated in 2019 by Wright Architecture
  • Surrounded by thriving local businesses and amenities

Getting around

  • 92/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 99/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Creston - Kenilworth
  • Zip Code 97206
  • Market Portland

Points of Interest

  • Southeast Powell Boulevard

    2.01 miles

  • Southeast Holgate Boulevard

    2.02 miles

  • Lents Town Center/Southeast Foster Road

    2.21 miles

  • Southeast Main Street

    2.49 miles

  • Southeast Grand & Mill

    2.78 miles

  • Southeast Martin Luther King & Mill

    2.83 miles

  • Southeast Water/OMSI

    2.84 miles

  • Southeast Martin Luther King & Taylor

    2.97 miles

  • Oaks Park

    3.03 miles

  • Bancroft Street

    3.13 miles

  • Chevron

    0.29 miles

  • Astro

    0.74 miles

  • 76

    1.00 miles

  • Shell

    1.20 miles

  • Space Age

    1.32 miles

  • Blink

    1.34 miles

  • PGE Electric Avenue Eastport Plaza

    1.47 miles

  • Fred Meyer Fuel

    1.49 miles

  • Pacific Pride

    1.50 miles

  • Electrify America

    1.53 miles

  • Kern Park Christian Church

    0.81 miles

  • Red's parking lot

    0.97 miles

  • Visitor Parking

    1.07 miles

  • Staff & Faculty Parking

    1.14 miles

  • Fraternal Order of Eagles #3256

    1.20 miles

  • East Parking

    1.36 miles

  • North Parking

    1.38 miles

  • Lot F

    1.42 miles

  • Lot E

    1.46 miles

  • Foster Burger

    0.03 miles

  • Ishtar Gate

    0.05 miles

  • Carts on Foster

    0.09 miles

  • Subway

    0.13 miles

  • Midpoint

    0.18 miles

  • Diane's

    0.18 miles

  • Siri Thai

    0.18 miles

  • Fortune Pizza

    0.18 miles

  • Burger King

    0.22 miles

  • SuperDeluxe

    0.27 miles

  • Bread & Roses Market

    0.62 miles

  • Yesenia's Market

    0.63 miles

  • Natural Grocers

    0.68 miles

  • Safeway

    0.71 miles

  • Trader Joe's

    0.88 miles

  • Bi-Mart

    1.12 miles

  • New Seasons Market

    1.17 miles

  • WinCo Foods

    1.30 miles

  • Fred Meyer

    1.47 miles

  • Cali Saigon Mall

    1.51 miles

5338 SE Foster Rd Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    5338 SE Foster Rd is located in Creston - Kenilworth, which is home to a total of 3 listing(s). The rent for retail space at 5338 SE Foster Rd is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 3,710 square feet of retail space for lease. Of this total, 3,710 square feet are Retail.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    5338 SE Foster Rd was last renovated in 2019.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Creston - Kenilworth is 39. The average household income here is $101,760 per year.

Contact Renovated Mixed-Use Building in Portland’s Foster-Powell Neighborhood
  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.