Portland, OR Commercial Real Estate for Lease and Sale

Explore 936 listings of Portland commercial real estate to find the best space for your business.

1515 Northeast 106th Avenue

1515 Northeast 106th Avenue, Parkrose Heights, Portland, OR
Property

Retail
Year Built

1967
For Sale Contact for pricing
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2811 NE 181st Ave

2811 NE 181st Ave, Wilkes East, Portland, OR
Property

Retail

56,467 SF
For Sale Contact for pricing
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Denizen

518 NE 20th Avenue, Kerns, Portland, OR
Property

Retail

7,346 SF
Availability

3 Spaces

7,346 SF
For Lease Contact for pricing
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Waterfront Business Center

2700 NW Front Avenue, Northwest Industrial, Portland, OR
Property

Industrial

195,875 SF
Availability

1 Space

44,250 SF
Year Built

1922
For Lease

$12.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Sandy Crossing - Building B

19730 NE Sandy Blvd, North Gresham, Portland, OR
Property

Industrial

122,850 SF
Availability

1 Space

122,850 SF
For Lease Contact for pricing
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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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0 NE 185th Drive

0 NE 185th Drive, Wilkes, Gresham, OR
Property

VacantLand

2.58 Acre
For Sale

$730,500
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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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110-118 E 8th Ave

110-118 E 8th Ave, Buckman, Portland, OR
Property

Office

5,610 SF
Availability

1 Space

5,610 SF
Year Built

1955
For Lease

$22.00/SF/YR
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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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Merrick Building

1211 NE Martin Luther King Jr Blvd, Lloyd District, Portland, OR
Property

Retail

4,270 SF
Availability

3 Spaces

4,270 SF
For Lease Contact for pricing
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110-118 E 8th Ave

110-118 E 8th Ave, Buckman, Portland, OR
Property

Office

5,610 SF
Year Built

1955
For Sale Contact for pricing
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5205 SE 18th Avenue

5205 SE 18th Avenue, Sellwood - Moreland, Portland, OR
Property

VacantLand
For Sale

$2,250,000
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Prologis Park PDX - 5441 NE 148th Avenue

5441 NE 148th Avenue, Argay, Portland, OR
Property

Industrial

130,200 SF
Availability

1 Space

38,210 SF
Year Built

2007
For Lease Contact for pricing
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275 NE 5th St

275 NE 5th St, Central Gresham City, Gresham, OR
Property

Office

16,000 SF
Availability

8 Spaces

8,000 SF
For Lease

$24.00/SF/YR
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For Sale | Motivated Seller - Price Reduced | 1.8 acre lot on the corner of NE Sandy & 35th Ave

1430 NE 35th Ave, Laurelhurst, Portland, OR
Property

Other
For Sale Contact for pricing
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1847 NW Commerce Ct

1847 NW Commerce Ct, Troutdale, OR
Property

VacantLand
Availability

1 Space

39,204 SF
For Lease

$0.20/SF/MO
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5511 N Albina Ave

5511 N Albina Ave, Humboldt, Portland, OR
Property

Office

10,000 SF
Availability

1 Space

400 SF
Year Built

1912
For Lease

$45.00/SF/YR
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1940 East Powell Boulevard

1940 East Powell Boulevard, Mount Hood, Gresham, OR
Property

Retail
Year Built

1964
For Sale Contact for pricing
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4831 NE 42nd Ave

4831 NE 42nd Ave, Beaumont - Wilshire, Portland, OR
Property

Retail

1,500 SF
Availability

1 Space

1,500 SF
For Lease Contact for pricing
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Marketplace 205

9900 SE Washington Street, Cherry Park, Portland, OR
Property

Retail

303,876 SF
Availability

2 Spaces

145,005 SF
Year Built

1971
For Lease Contact for pricing
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International Corporate Center - 1171 Glenn Widing Drive9, 11815, 11855 & 11879 NE

11879 NE Glenn Widing Drive, Parkrose, Portland, OR
Property

Industrial

110,280 SF
Availability

1 Space

13,733 SF
Year Built

1998
For Lease

$20.00/SF/YR
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6136 NE 87th Avenue

6136 NE 87th Avenue, Sumner, Portland, OR
Property

Industrial

79,800 SF
Availability

1 Space

79,800 SF
Year Built

1976
For Lease Contact for pricing
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390 NE Burnside Road

390 NE Burnside Road, Central Gresham City, Gresham, OR
Property

Retail

10,160 SF
Availability

1 Space

4,420 SF
Year Built

1974
For Lease Contact for pricing
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Northgate Project

I-84 & Thielsen Rd, Woodland Park, Portland, OR
Property

VacantLand

99.8 Acre
For Sale Contact for pricing
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Highland Fair

901 SW Highland Drive, East Centennial, Gresham, OR
Property

Retail

72,195 SF
Availability

2 Spaces

3,965 SF
Year Built

1984
For Lease Contact for pricing
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3165 NW Yeon Ave

3165 NW Yeon Ave, Northwest Industrial, Portland, OR
Property

Retail

4,333 SF
Availability

1 Space

4,414 SF
Year Built

1960
For Lease Contact for pricing
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1310 NW Naito Parkway

1310 NW Naito Parkway, The Pearl, Portland, OR
Property

Retail

935 SF
Availability

1 Space

935 SF
For Lease

$2,500.00/MO
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121 SW BANCROFT ST

121 SW BANCROFT ST, South Waterfont, Portland, OR
Property

Office

5,908 SF
For Sale

$1,350,000
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75 NW Couch St

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

Office

39,580 SF
Year Built

1911
For Sale

$6,000,000
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2720 NW 35th Avenue

2720 NW 35th Avenue, Northwest Industrial, Portland, OR
Property

Industrial

101,270 SF
Availability

1 Space

101,270 SF
Year Built

1965
For Lease

$8.64 - $15.60/SF/YR
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Capitol Corner

10065 SW Barbur Blvd, West Portland Park, Portland, OR
Property

Retail

4,841 SF
Availability

1 Space

4,841 SF
For Lease Contact for pricing
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1206-1238 NE Alberta

1206-1238 NE Alberta St, King, Portland, OR
Property

VacantLand

15,160 SF
Year Built

1913
For Sale

$3,000,000
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U-Store West #1

2800 NW 29th Ave, Northwest Industrial, Portland, OR
Property

Office

11,415 SF
Availability

1 Space

4,615 SF
For Lease

$15.00/SF/YR
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Yeon Business Center - Buildings 4, 5, 6, 7 & 8

3315 NW 26th Avenue, Northwest Industrial, Portland, OR
Property

Industrial

218,976 SF
Availability

4 Spaces

52,550 SF
Year Built

1979
For Lease Contact for pricing
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Columbia Corridor Flex Building

22820 NE Halsey St, Wood Village, Fairview, OR
Property

Special

39,800 SF
Year Built

1972
For Sale

$5,799,000
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10th @ Hoyt

630 NW 10th Avenue, The Pearl, Portland, OR
Property

Office

4,838 SF
Availability

1 Space

4,838 SF
For Lease Contact for pricing
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6000-6006 NE Glisan Street

6000-6006 NE Glisan Street, North Tabor - Center, Portland, OR
Property

Retail

3,026 SF
Availability

1 Space

3,026 SF
For Lease

$18.00/SF/YR
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135 W 1st St

135 W 1st St, Central Gresham City, Gresham, OR
Property

Office

2,258 SF
Availability

2 Spaces

386 SF
Year Built

1913
For Lease

$310.00 - $673.00/MO
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The Blocks

The Pearl Distric, The Pearl, Portland, OR
Property

Retail

96,730 SF
Availability

15 Spaces

29,331 SF
For Lease Contact for pricing
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Office space for lease at Five Oak

421 SW Oak Street, Downtown Portland, Portland, OR
Property

Office
Availability

1 Space

36,580 SF
For Lease Contact for pricing
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Cascade Station - 9500 Building

9500 NE Cascades Pkwy, Portland International Airport, Portland, OR
Property

Office

35,000 SF
Availability

2 Spaces

35,000 SF
For Lease Contact for pricing
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232 NE 9th Avenue

232 NE 9th Avenue, Kerns, Portland, OR
Property

Industrial

16,000 SF
Availability

1 Space

3,100 SF
Year Built

1950
For Lease

$15.50/SF/YR
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Film Exchange

925 NW 19th Ave, Nob Hill - Northwest District, Portland, OR
Property

Office

2,220 SF
Availability

1 Space

880 SF
For Lease

$3,450.00/MO
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5224 NE 152nd Pl

5224 NE 152nd Pl, Wilkes, Portland, OR
Property

Industrial

59,516 SF
Availability

1 Space

59,516 SF
For Lease Contact for pricing
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13636 North Columbia Blvd

13636 North Columbia Blvd, St. Johns, Portland, OR
Property

Industrial

139,000 SF
For Sale Contact for pricing
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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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2211-2233 NE Oregon St

2211-2233 NE Oregon St, Kerns, Portland, OR
Property

Office

2,033 SF
Availability

1 Space

2,033 SF
For Lease Contact for pricing
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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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Hollywood Plaza

4425 NE Broadway, Hollywood, Portland, OR
Property

Office

17,000 SF
Availability

1 Space

3,565 SF
Year Built

1988
For Lease

$23.00/SF/YR
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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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14149-14161 NE Airport Way

14161 NE Airport Way, Argay, Portland, OR
Property

Industrial

51,302 SF
Availability

1 Space

16,500 SF
Year Built

1996
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 15,915,877 square feet. The market offers 307 active office listing(s), which amount to 6,114,662 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 1,234,951 square feet across 213 retail space(s). Industrial space for rent opportunities in Portland amount to 7,209,410 square feet across a total of 178 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	307	6,114,662
Retail	213	1,234,951
Industrial	178	7,209,410
Other	19	1,356,854

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 3,292,209 square feet of commercial property for sale here , which includes 54 office building(s) for sale , 40 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	608,458
Retail	40	371,141
Industrial	49	1,241,042
Other	81	1,071,568

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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