Portland, OR Commercial Real Estate for Lease and Sale

Explore 938 listings of Portland commercial real estate to find the best space for your business.

Portland Portal Industrial Center Phase I

2912 NE 172nd Pl, Wilkes East, Portland, OR
Property

Industrial

130,575 SF
Availability

1 Space

54,376 SF
Year Built

2020
For Lease Contact for pricing
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North Louie Apartments

7424 N Saint Louis Ave, St. Johns, Portland, OR
Property

Other

6,374 SF
Year Built

2020
For Sale

$1,949,000
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Parkrose Business Center

BLDG 1: 12033 NE Sumner / BLDG 2: 11923 NE Sumner / BLDG 5: 12015 NE Marx , Parkrose, Portland, OR
Property

Industrial

18,951 SF
Availability

3 Spaces

4,375 SF
Year Built

1980
For Lease

$975.00 - $2,000.00/SF/YR
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Bank of America Financial Center

121 SW Morrison Street, Downtown Portland, Portland, OR
Property

Office

331,760 SF
Availability

18 Spaces

140,084 SF
Year Built

1988
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
The Historic Caplan Building

510 SW 5th Avenue, Downtown Portland, Portland, OR
Property

Office

35,000 SF
Availability

5 Spaces

25,000 SF
Year Built

1906
For Lease

$20.00 - $30.00/SF/YR
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4.06 acres of industrial outdoor storage space

5305 NE 115th Ave, Parkrose, Portland, OR
Property

Other
Availability

1 Space

4.06 Acre
For Lease Contact for pricing
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For Lease | 36,134 SF at PDX Logistics Center III, Bldg 4

6520 NE Mt St Helens Ave, Portland International Airport, Portland, OR
Property

Industrial
Availability

1 Space

36,134 SF
For Lease Contact for pricing
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Commonwealth Building

411-421 SW 6th Ave, Downtown Portland, Portland, OR
Property

Office

224,000 SF
Availability

1 Space

7,295 SF
Year Built

1947
For Lease

$29.00/SF/YR
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4141 NE 122nd Ave

4141 NE 122nd Ave, Parkrose, Portland, OR
Property

Retail

4,977 SF
Availability

1 Space

4,977 SF
Year Built

1984
For Lease

$28.00/SF/YR
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Fliedner Building

1003 SW Washington Street, Downtown Portland, Portland, OR
Property

Office

57,406 SF
Availability

4 Spaces

40,000 SF
Year Built

1907
For Lease Contact for pricing
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1541 NE 181st Avenue

1541 NE 181st Avenue, Wilkes East, Gresham, OR
Property

Sport / Entertainment

1,853 SF
Availability Contact for availability

For Lease Contact for pricing
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521 SW Clay St

521 SW Clay St, Downtown Portland, Portland, OR
Property

Office

4,622 SF
Availability

1 Space

415 SF
Year Built

1962
For Lease

$1,200.00/MO
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1000 Broadway

1000 SW Broadway, Downtown Portland, Portland, OR
Property

Office

417,436 SF
Availability Contact for availability
Year Built

1992
For Lease Contact for pricing
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Airport Business Center Lease

6135 NE 80th Ave, Cully, Portland, OR
Property

Office

18,069 SF
Availability

5 Spaces

15,479 SF
For Lease Contact for pricing
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2324 SE 11th Avenue / 1115 SE Caruthers Street

2324 SE 11th Avenue / 1115 SE Caruthers Street, Hosford - Abernethy, Portland, OR
Property

Office

8,020 SF
Availability

1 Space

4,040 SF
Year Built

1983
For Lease

$1.33/SF/MO
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Palladian Apartments

614 SW Jackson St., Downtown Portland, Portland, OR
Property

Other

9,396 SF
Year Built

1928
For Sale

$2,798,800
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Pacwest Center

1211 SW 5th Avenue, Downtown Portland, Portland, OR
Property

Office

522,161 SF
Availability

5 Spaces

22,210 SF
Year Built

1984
For Lease Contact for pricing
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Rosa RowHouses

1825 N Rosa Parks Way, Arbor Lodge, Portland, OR
Property

Multi-Family

8,337 SF
Year Built

2021
For Sale

$3,995,000
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2828 S Corbett Ave

2828 S Corbett Ave, South Waterfont, Portland, OR
Property

Office

38,000 SF
Year Built

1965
For Sale

$6,650,000
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12739-12827 SE Division Street

12739-12827 SE Division Street, East Centennial, Portland, OR
Property

Office

8,000 SF
For Sale

$2,200,000
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901 N Columbia Blvd

901 N Columbia Blvd, Piedmont, Portland, OR
Property

Industrial

25,000 SF
Availability

1 Space

25,000 SF
Year Built

1948
For Lease Contact for pricing
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535 NE 28th Ave

535 NE 28th Ave, Kerns, Portland, OR
Property

Industrial

6,392 SF
Availability

1 Space

6,392 SF
Year Built

1958
For Lease

$0.90 - $1.10/SF/YR
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Pitman II Building

1430 SE Water Ave, Buckman, Portland, OR
Property

Mixed Use

21,572 SF
Availability

2 Spaces

4,831 SF
Year Built

1980
For Lease

$28.00/SF/YR
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8613 N Crawford St

8613 N Crawford St, Cathedral Park, Portland, OR
Property

Industrial

18,600 SF
For Sale

$3,850,000
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910 Northeast 57th Avenue

910 Northeast 57th Avenue, Rose City Park, Portland, OR
Property

Industrial

56,813 SF
Availability

1 Space

11,520 SF
For Lease

$0.86/SF/MO
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2056 N Lombard St

2056 N Lombard St, Arbor Lodge, Portland, OR
Property

Retail

9,604 SF
Availability

3 Spaces

6,600 SF
For Lease

$12.00/SF/YR
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Gresham Corporate Center

1550 NW Eastman Pkwy, Central Gresham City, Gresham, OR
Property

Office

36,000 SF
Availability

2 Spaces

4,337 SF
Year Built

1990
For Lease

$18.00/SF/YR
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1105 SE Woodward St

1105 SE Woodward St, Hosford - Abernethy, Portland, OR
Property

Industrial

17,343 SF
Year Built

1941
For Sale

$3,600,000
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5605-5621 NE 105th Avenue

5605-5621 NE 105th Avenue, Parkrose, Portland, OR
Property

Industrial

14,911 SF
Availability

2 Spaces

29,822 SF
For Lease Contact for pricing
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10355 NE Halsey - B2

10355 Northeast Halsey Street, Parkrose Heights, Portland, OR
Property

Retail

8,034 SF
Availability

1 Space

693 SF
For Lease

$18.00/SF/YR
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1515 Market Square

1515 SW 5th Avenue, Downtown Portland, Portland, OR
Property

Office

215,983 SF
Availability

28 Spaces

131,510 SF
Year Built

1981
For Lease

$20.00 - $25.00/SF/YR
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21st & Kearney Redevelopment Site

2131 Northwest Kearney Street, Nob Hill - Northwest District, Portland, OR
Property

VacantLand

14,600 SF
Year Built

1947
For Sale

$4,995,000
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Green Seed Apartments

16111 East Burnside Street, Glenfair, Portland, OR
Property

Multi-Family

19,551 SF
Year Built

2021
For Sale

$7,500,000
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Columbia Gorge Outlets

450 NW 257th Way, Troutdale, OR
Property

Retail

164,235 SF
Availability

1 Space

2,200 SF
For Lease

$15.00 - $25.00/SF/YR
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Glisan Building

112 SW 2nd Ave, Old Town Portland - Chinatown, Portland, OR
Property

Retail

12,313 SF
Year Built

1889
For Sale

$2,500,000
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Wells Fargo Center

1300 SW 5th Avenue, Downtown Portland, Portland, OR
Property

Office

611,052 SF
Availability

1 Space

9,343 SF
Year Built

1970
For Lease Contact for pricing
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For Lease | 54,000 SF at Airport Park, Bldg 3

6031 NE 92nd Dr, Sumner, Portland, OR
Property

Industrial
Availability

1 Space

53,999 SF
For Lease Contact for pricing
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7739 Northeast 21st Avenue

7739 Northeast 21st Avenue, Sunderland, Portland, OR
Property

Industrial

11,250 SF
For Sale

$2,300,000
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Block 216

560 SW 10th Avenue, Downtown Portland, Portland, OR
Property

Office

168,464 SF
Availability

5 Spaces

110,047 SF
Year Built

2023
For Lease Contact for pricing
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2727 NW Saint Helens Rd

2727 NW Saint Helens Rd, Northwest Forest Park - Willamette Heights, Portland, OR
Property

Industrial

13,975 SF
Availability

1 Space

13,975 SF
Year Built

2008
For Lease

$0.91/SF/MO
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Lloyd 700 Bldg

700 NE Multnomah St, Lloyd District, Portland, OR
Property

Office

261,955 SF
Availability

9 Spaces

72,127 SF
Year Built

1971
For Lease Contact for pricing
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5037 Southeast Mill Street

5037 Southeast Mill Street, Mount Tabor, Portland, OR
Property

Multi-Family

5,580 SF
For Sale

$2,280,000
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205 Plaza

10560 SE Washington Street, Cherry Park, Portland, OR
Property

Office

33,245 SF
Availability

2 Spaces

2,170 SF
Year Built

1975
For Lease

$16.00/SF/YR
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Willis Rowhouses

1615 N Willis Blvd, Kenton, Portland, OR
Property

Multi-Family

6,000 SF
Year Built

2023
For Sale

$3,995,000
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Leland James Center

1621 NW 21st Avenue, Nob Hill - Northwest District, Portland, OR
Property

Office

133,009 SF
Availability

2 Spaces

37,500 SF
Year Built

2017
For Lease Contact for pricing
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Cascade Apartments

15827 NE Glisan St., Wilkes, Portland, OR
Property

Other

9,960 SF
For Sale

$2,050,000
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7320-7330 NE Fremont St

7320-7330 NE Fremont St, Roseway, Portland, OR
Property

Retail

4,860 SF
Availability

1 Space

2,910 SF
Year Built

1960
For Lease

$5,000.00/MO
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Morrison Plaza

1411 SW Morrison Street, Goose Hollow, Portland, OR
Property

Office

80,630 SF
Availability

11 Spaces

43,428 SF
Year Built

1956
For Lease

$16.00 - $18.00/SF/YR
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4723-4739 SE Hawthorne Blvd

4723-4739 SE Hawthorne Blvd, Sunnyside, Portland, OR
Property

Retail

9,552 SF
For Sale

$1,300,000
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Anchor Park

4810 North Lagoon Avenue, Overlook, Portland, OR
Property

Industrial

48,367 SF
Availability

1 Space

48,367 SF
For Lease

$39,177.27/MO
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For Lease | Retail/Office space in the South Waterfront | The Osprey

3750 S River Pkwy, South Waterfont, Portland, OR
Property

Retail
Availability

1 Space

1,542 SF
For Lease Contact for pricing
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Clear Creek Industrial Park

482-486 NE 219th Ave, North Central Gresham, Gresham, OR
Property

Industrial

5,635 SF
Availability

1 Space

5,635 SF
For Lease

$4,790.00/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Portland commercial real estate market incorporates 23,254,106 square feet of office space across 372 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Portland commercial real estate market includes 5,257,990 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Portland market, there is a total of 16,469,463 square feet of industrial property.

The listing inventory in Portland incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Portland is represented by Industrial space, which accounts for 8,420,621 square feet of available listings. Office space available in Portland adds up to 6,865,381 square feet.

Meanwhile, most of the listings of commercial property for sale in Portland are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Portland is $21.81 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Portland can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $28.45 per square foot, industrial space in Portland saw average rents of $11.34 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Portland, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Portland is in the Downtown Portland neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Portland area.

Meanwhile, retail space opportunities are most abundant in the Downtown Portland submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Northwest Industrial.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $56.47 per square foot. In particular, the property type commanding the highest lease rates in Portland was Retail space.

Conversely, the highest sale price last year was $52,800,000 that is located at 1800 SW 1st Avenue.

The average size of a commercial property in Portland depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Portland, the average size of an office property is 76,747 square feet.
Retail properties here incorporate an average of 27,386 square feet.
Industrial space in Portland is in buildings that are, on average 89,025 square feet in size.

Portland, OR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Portland currently add up to 17,594,850 square feet. The market offers 316 active office listing(s), which amount to 6,913,092 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 1,245,189 square feet across 218 retail space(s). Industrial space for rent opportunities in Portland amount to 8,084,707 square feet across a total of 182 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	316	6,913,092
Retail	218	1,245,189
Industrial	182	8,084,707
Other	18	1,351,862

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Portland, OR. Currently, there is 3,247,026 square feet of commercial property for sale here , which includes 54 office building(s) for sale , 45 retail investment opportunity listing(s) , and 49 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	54	801,629
Retail	45	378,956
Industrial	49	1,052,316
Other	75	1,014,125

Portland, OR Commercial Real Estate Market Overview

Portland has a diverse past from its time as a pioneer city to ship-building center to today. And, while Portland was infamous for crime in the middle of the 20th century, it has since been transformed into a center for social progress, environmental preservation and technology. In fact, the city is one of only a handful in the nation that has an urban growth boundary that restricts urban development, thereby ensuring the city grows up and not out to avoid encroaching on the surrounding natural wilderness.

Portland, OR Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Portland, OR?

What factors affect the price of commercial real estate in Portland, OR?

What is the average rent for commercial space in Portland, OR?

What are the best areas for commercial real estate in Portland, OR?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Portland, OR?

Portland, OR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Portland, OR Commercial Real Estate Market Overview

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