Portland, OR Commercial Real Estate for Lease and Sale

Explore 947 listings of Portland commercial real estate to find the best space for your business.

Swan Island Industry Center - 6650-6720 North Basin Avenue

6650 North Basin Avenue, Overlook, Portland, OR
Property

Industrial

118,782 SF
Availability

3 Spaces

24,920 SF
Year Built

1979
For Lease Contact for pricing
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NE 33rd & Broadway Endcap | Grant Park

1835 NE 33rd Ave, Grant Park, Portland, OR
Property

Retail

7,157 SF
Availability

1 Space

7,157 SF
Year Built

1973
For Lease Contact for pricing
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8028 SE Stark St

8028 SE Stark St, Montavilla, Portland, OR
Property

Retail

5,000 SF
Availability

1 Space

5,000 SF
Year Built

1941
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

1 Space

2,863 SF
For Lease Contact for pricing
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1,624 SF building located on 0.32 acres with IG2 Zoning

5301 NE Lombard St, Cully, Portland, OR
Property

Other

1,624 SF
For Sale Contact for pricing
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Industrial Alley

603-677 N Tillamook St, Eliot, Portland, OR
Property

Industrial

53,164 SF
For Sale

$4,000,000
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Foster Commerce Center

11601 SE Foster Road, Powellhurst - Gilbert, Portland, OR
Property

Industrial

259,799 SF
Availability

1 Space

15,960 SF
Year Built

1999
For Lease Contact for pricing
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10279 NE Sandy Blvd

10279 NE Sandy Blvd, Parkrose, Portland, OR
Property

Industrial

16,870 SF
Availability

1 Space

16,870 SF
Year Built

1935
For Lease Contact for pricing
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7750 N Montana Ave

7750 N Montana Ave, Kenton, Portland, OR
Property

Multi-Family

6,500 SF
For Sale Contact for pricing
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5005 NE Sandy Boulevard

5005 NE Sandy Boulevard , Rose City Park, Portland, OR
Property

Retail

31,716 SF
Availability

1 Space

7,398 SF
Year Built

2018
For Lease

$36.00/SF/YR
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3838 N Ballast St

3838 N Ballast St, Overlook, Portland, OR
Property

Industrial

16,800 SF
Availability

1 Space

16,800 SF
Year Built

1966
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 23,919,532 square feet of office space across 385 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 4,521,331 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 18,200,862 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 7,890,752 square feet of available listings. Office space available in Portland adds up to 6,816,758 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 $21.77 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 $10.91 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 $57.9 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 74,285 square feet.
- Retail properties here incorporate an average of 25,401 square feet.
- Industrial space in Portland is in buildings that are, on average 87,927 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 17,857,534 square feet. The market offers 320 active office listing(s), which amount to 6,816,758 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 1,380,228 square feet across 202 retail space(s). Industrial space for rent opportunities in Portland amount to 7,890,752 square feet across a total of 170 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	320	6,816,758
Retail	202	1,380,228
Industrial	170	7,890,752
Other	21	1,769,796

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 4,833,592 square feet of commercial property for sale here , which includes 65 office building(s) for sale , 47 retail investment opportunity listing(s) , and 59 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	65	912,040
Retail	47	416,674
Industrial	59	2,641,484
Other	81	863,394

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 Commercial Real Estate Overview

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Portland, OR Commercial Real Estate for Lease and Sale

Swan Island Industry Center - 6650-6720 North Basin Avenue

NE 33rd & Broadway Endcap | Grant Park

8028 SE Stark St

Hampton Pearl

1,624 SF building located on 0.32 acres with IG2 Zoning

Industrial Alley

Foster Commerce Center

10279 NE Sandy Blvd

7750 N Montana Ave

5005 NE Sandy Boulevard

3838 N Ballast St

Frequently Asked Questions

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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