Portland, OR Commercial Real Estate for Lease and Sale

Explore 939 listings of Portland commercial real estate to find the best space for your business.

7530 N Interstate Avenue Multifamily Site

7530 N Interstate Avenue, Kenton, Portland, OR
Property

VacantLand
For Sale

Call Broker For Pricing
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1005 SE Washington St

1005 SE Washington St, Buckman, Portland, OR
Property

Office

19,726 SF
Availability

2 Spaces

19,776 SF
For Lease

$16.00 - $18.00/SF/YR
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4th & Morrison

401 SW Morrison St, Downtown Portland, Portland, OR
Property

Retail

1,860 SF
Availability

1 Space

1,860 SF
For Lease Contact for pricing
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NW 22nd Creative Office

2200 NW Savier Street, Nob Hill - Northwest District, Portland, OR
Property

Office

8,000 SF
Availability

1 Space

8,000 SF
For Lease

$24.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Marvel 29

8600 N Ivanhoe St, Cathedral Park, Portland, OR
Property

Retail

1,116 SF
Availability

1 Space

1,116 SF
For Lease

$28.00/SF/YR
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Bridge Point I-5 - Building A

701 NE Columbia Blvd, Sunderland, Portland, OR
Property

Industrial

239,517 SF
Availability

1 Space

161,315 SF
Year Built

2021
For Lease Contact for pricing
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Main Square Center

11 NE 10th Dr, Central Gresham City, Gresham, OR
Property

Retail

16,584 SF
Availability

1 Space

1,257 SF
Year Built

1941
For Lease

$1,519.00/MO
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740 N Russell St

740 N Russell St, Eliot, Portland, OR
Property

Industrial

3,000 SF
Year Built

1948
For Sale

$1,200,000
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Hollywood Plaza

4425 NE Broadway, Hollywood, Portland, OR
Property

Office

17,000 SF
Availability

1 Space

3,354 SF
Year Built

1988
For Lease

$23.00/SF/YR
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For Lease | Birtcher Center @ Townsend Way, Building C

22867 NE Townsend Way, Fairview, OR
Property

Industrial
Availability

1 Space

30,113 SF
For Lease Contact for pricing
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Riverplace

425 SW Montgomery St, Downtown Portland, Portland, OR
Property

Retail

4,542 SF
For Sale

$800,000
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247 E Historic Columbia River Hwy

247 E Historic Columbia River Hwy, Troutdale, OR
Property

Office

891 SF
Year Built

2000
For Sale

$229,000
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SE Milwaukie Land

3526 SE Milwaukie Ave, Brooklyn, Portland, OR
Property

Industrial

5,200 SF
For Sale

$450,000
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Commercial Land SE Portland

4102 & 4132 SE Powell Blvd, Creston - Kenilworth, Portland, OR
Property

Retail

3,767 SF
For Sale

$2,690,000
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Lyski Professional Building

1201 SE 223rd Ave, North Central Gresham, Gresham, OR
Property

Office

18,012 SF
Availability

1 Space

1,816 SF
Year Built

2000
For Lease

$4,539.55/MO
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Pacific Business Park

11207 NE Marx Street, Argay, Portland, OR
Property

Industrial

341,000 SF
Availability

11 Spaces

65,726 SF
Year Built

1980
For Lease

$7.20 - $38.00/SF/YR
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2506 NE Multnomah St

2506 NE Multnomah St, Sullivan's Gulch, Portland, OR
Property

Industrial

56,175 SF
For Sale

$3,950,000
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11145-11177 NE Weidler St

11145-11177 NE Weidler St, Parkrose Heights, Portland, OR
Property

Multi-Family

34,207 SF
Year Built

1973
For Sale

$7,295,000
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For Lease | 2,891 SF Plug & Play Office Opportunity

106 SE 11th Avenue, Buckman, Portland, OR
Property

Office
Availability

1 Space

2,891 SF
For Lease Contact for pricing
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2717 NE Broadway Street

2717 NE Broadway Street, Grant Park, Portland, OR
Property

Office

3,411 SF
Year Built

1961
For Sale

$1,195,000
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For Lease | Upshur Lofts

1800 NW Upshur Street, Nob Hill - Northwest District, Portland, OR
Property

Office
Availability

1 Space

4,054 SF
For Lease Contact for pricing
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201-211 SE Oak Street & 320 SE 2nd Avenue

201 SE Oak Street, Buckman, Portland, OR
Property

Industrial

30,000 SF
Availability

3 Spaces

23,500 SF
Year Built

1910
For Lease

$12.00/SF/YR
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Saltwood

1580 NW 21st Ave, Nob Hill - Northwest District, Portland, OR
Property

Retail

11,600 SF
Availability

6 Spaces

11,600 SF
For Lease Contact for pricing
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5515 NE 148th Avenue

5515 NE 148th Avenue, Argay, Portland, OR
Property

Industrial

82,770 SF
Availability

1 Space

20,777 SF
Year Built

2008
For Lease Contact for pricing
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2715 NE Glisan Street

2715 NE Glisan Street, Kerns, Portland, OR
Property

Retail

5,646 SF
Availability

1 Space

1,689 SF
Year Built

1970
For Lease Contact for pricing
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Plow Works Building

105 - 117 SE Taylor St, Buckman, Portland, OR
Property

Office

39,500 SF
Availability

1 Space

4,285 SF
For Lease

$12.00/SF/YR
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For Lease | 1420 SW Broadway

1420 SW Broadway Street, Downtown Portland, Portland, OR
Property

Office
Availability

1 Space

3,220 SF
For Lease Contact for pricing
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Burnside Retail Center

NW Burnside & Eastman Pkwy, North Central Gresham, Gresham, OR
Property

Retail

5,000 SF
Availability

1 Space

2,200 SF
For Lease Contact for pricing
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Hampton Pearl

325 NW Park Ave, The Pearl, Portland, OR
Property

Retail

8,931 SF
Availability

2 Spaces

8,931 SF
For Lease Contact for pricing
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Powell Professional Center

1312-1380 E Powell Blvd, Brooklyn, Gresham, OR
Property

Office

3,761 SF
Availability

1 Space

1,236 SF
For Lease

$18.00/SF/YR
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1325 NW Flanders Street

1325 NW Flanders Street, The Pearl, Portland, OR
Property

Office

15,000 SF
For Sale

$4,490,000
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NE Sandy Blvd | 5,750 SF Lot & 1,636 SF Building | Owner-User, Retail, Flex Opportunity

SE Sandy Blvd, Buckman, Portland, OR
Property

Retail

1,636 SF
For Sale Contact for pricing
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Troutdale Retail Mixed-Use Building

303 East Historic Columbia River Highway, Troutdale, OR
Property

Retail

2,800 SF
For Sale

$849,000
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7305 NE Glisan Street

7305 NE Glisan Street, Montavilla, Portland, OR
Property

Office

7,368 SF
Year Built

1907
For Sale

$2,250,000
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Westview Plaza

10725 SW Barbur Blvd, West Portland Park, Portland, OR
Property

Office

8,816 SF
Availability

3 Spaces

5,279 SF
For Lease

$16.00/SF/YR
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5311 N Vancouver Avenue

5311 N Vancouver Avenue, Humboldt, Portland, OR
Property

Office

3,882 SF
Availability

1 Space

3,882 SF
For Lease Contact for pricing
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480 SE Market Street

480 SE Market Street, Hosford - Abernethy, Portland, OR
Property

Industrial

12,123 SF
For Sale

$2,295,000
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7656 SE Division Street

7656 SE Division Street, South Tabor, Portland, OR
Property

Office

3,093 SF
For Sale

$895,000
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Former Zupans

900 N Tomahawk Island Dr, Hayden Island, Portland, OR
Property

Retail

16,000 SF
Availability

1 Space

16,000 SF
For Lease Contact for pricing
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Studio/Workshop space in inner SE Portland

825 SE Madison St, Buckman, Portland, OR
Property

Industrial
Availability

1 Space

8,000 SF
For Lease Contact for pricing
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NE Glisan Retail

6014-6026 NE Glisan St, North Tabor - Center, Portland, OR
Property

Retail

7,016 SF
Availability

1 Space

680 SF
Year Built

1911
For Lease

$22.00/SF/YR
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Troutdale - Former Bank

25117 SE Stark St, Troutdale, OR
Property

Retail

4,318 SF
Availability

1 Space

4,318 SF
For Lease Contact for pricing
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1305 NW 18th Ave

1305 NW 18th Ave, Nob Hill - Northwest District, Portland, OR
Property

Office

6,000 SF
Availability

1 Space

6,000 SF
Year Built

1963
For Lease

$30.00/SF/YR
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4456 NW Yeon Avenue

4456 NW Yeon Avenue, Northwest Industrial, Portland, OR
Property

Industrial

46,709 SF
Availability

1 Space

30,683 SF
Year Built

1971
For Lease Contact for pricing
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4329 NE Killingsworth St

4329 NE Killingsworth St, Cully, Portland, OR
Property

Industrial

6,000 SF
Year Built

1975
For Sale

$1,295,000
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For Lease | Overton Pearl Building

1455 NW Overton Street Portland, The Pearl, Portland, OR
Property

Office
Availability

1 Space

13,865 SF
For Lease Contact for pricing
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For Sublease | 24,346 SF at 38 Davis

38 NW Davis St, Old Town Portland - Chinatown, Portland, OR
Property

Office
Availability

1 Space

24,346 SF
For Lease Contact for pricing
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Approximate 5,000 SF Retail Auto Repair Shop with excellent SE Powell Blvd visibility!

2327 SE Powell Blvd, Hosford - Abernethy, Portland, OR
Property

Other

5,000 SF
Year Built

1957
For Sale Contact for pricing
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801 NE Alberta St

801 NE Alberta St, King, Portland, OR
Property

Office

1,400 SF
Availability

1 Space

1,400 SF
Year Built

1915
For Lease

$24.00/SF/YR
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For Lease | 1010 SW 11th

1010 SW 11th Avenue, Downtown Portland, Portland, OR
Property

Office
Availability

1 Space

3,185 SF
For Lease Contact for pricing
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I-84 & 181st

2301 N NE 181st Ave, Wilkes East, Portland, OR
Property

VacantLand

0.77 Acre
Availability

1 Space

0.77 Acre
For Lease Contact for pricing
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75 NW Couch St

75 NW Couch St, Old Town Portland - Chinatown, Portland, OR
Property

Office

39,850 SF
Availability

5 Spaces

40,000 SF
Year Built

1911
For Lease Contact for pricing
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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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