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.

726 SE 20th Ave

726 SE 20th Ave, Buckman, Portland, OR
Property

Office

5,200 SF
Availability

2 Spaces

6,933 SF
For Lease Contact for pricing
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1934 NE Broadway St

1934 NE Broadway St, Sullivan's Gulch, Portland, OR
Property

Office

2,718 SF
Year Built

1908
For Sale

$1,050,000
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Sixth+Main

1050 SW 6th Avenue, Downtown Portland, Portland, OR
Property

Office

384,951 SF
Availability

19 Spaces

174,233 SF
Year Built

1982
For Lease Contact for pricing
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For Lease | Iron Fireman Collective

4784 SE 17th Ave, Brooklyn, Portland, OR
Property

Office
Availability

1 Space

3,623 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Ford Building

2505 SE 11th Ave, Hosford - Abernethy, Portland, OR
Property

Office

103,207 SF
Availability

9 Spaces

13,127 SF
Year Built

1914
For Lease

$25.00 - $32.00/SF/YR
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Machine Works Building

1414 NW Northrup Street, The Pearl, Portland, OR
Property

Office

114,396 SF
Availability

1 Space

12,838 SF
Year Built

2009
For Lease Contact for pricing
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Taylor Street Apartments

2325 SE Taylor Street, Sunnyside, Portland, OR
Property

Other

3,450 SF
For Sale

$1,200,000
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1645 NW Hoyt St

1645 NW Hoyt St, Nob Hill - Northwest District, Portland, OR
Property

Office

7,500 SF
Year Built

1952
For Sale Contact Broker For Pricing
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204 Southwest Yamhill Street

204 Southwest Yamhill Street, Downtown Portland, Portland, OR
Property

Retail

2,112 SF
Availability

1 Space

2,112 SF
For Lease Contact for pricing
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7132 North Fessenden Street

7132 North Fessenden Street, St. Johns, Portland, OR
Property

Industrial

2,144 SF
Year Built

1949
For Sale

$625,000
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9348 N Peninsular Ave

9348 N Peninsular Ave, Kenton, Portland, OR
Property

Industrial

55,000 SF
Year Built

1932
For Sale

$3,000,000
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835 Northeast Broadway

835 Northeast Broadway, Irvington, Portland, OR
Property

Retail

3,662 SF
Availability

1 Space

3,662 SF
Year Built

1937
For Lease

$30.00/SF/YR
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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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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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For Sale or Lease | Hawthorne Theatre Building

3862 SE Hawthorne Blvd, Richmond, Portland, OR
Property

Retail

12,280 SF
For Sale Contact for pricing
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Crown Plaza

1500 SW 1st Avenue, Downtown Portland, Portland, OR
Property

Office

222,871 SF
Availability

21 Spaces

111,226 SF
Year Built

1970
For Lease

$19.00 - $31.00/SF/YR
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736 NE MLK

736 NE MLK Jr. Boulevard, Lloyd District, Portland, OR
Property

Retail

6,925 SF
Availability

1 Space

6,925 SF
For Lease Contact for pricing
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6501 S Macadam Ave

6501 S Macadam Ave, Corbett - Terwilliger - Lair Hill, Portland, OR
Property

Office

10,120 SF
Year Built

1969
For Sale

$2,300,000
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9026 NE 13th Avenue

9026 NE 13th Avenue, Vernon, Portland, OR
Property

Retail
Availability

1 Space

3 SF
For Lease Contact for pricing
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Plaza on 6th

1300 SW 6th Avenue, Downtown Portland, Portland, OR
Property

Office

83,188 SF
Availability

2 Spaces

2,741 SF
Year Built

1964
For Lease Contact for pricing
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1015 Northwest 17th Avenue

1015 Northwest 17th Avenue, Nob Hill - Northwest District, Portland, OR
Property

Retail

10,000 SF
For Sale

$2,200,000
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Professional/Creative Office, Medical, or Retail

1040 NE 44th Ave, North Tabor - Center, Portland, OR
Property

Office
Availability

1 Space

1,390 SF
For Lease Contact for pricing
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19 B Interstate Ave

19 B Interstate Ave, Overlook, Albany, NY
Property

Industrial

3,205 SF
Availability

1 Space

3,205 SF
Year Built

2018
For Lease

$12.00/SF/YR
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1224 Southeast Oak Street

1224 Southeast Oak Street, Buckman, Portland, OR
Property

Office

10,800 SF
Year Built

2007
For Sale

$3,350,000
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Alderway Building

711 SW Alder Street, Downtown Portland, Portland, OR
Property

Office

39,902 SF
Availability

5 Spaces

28,265 SF
Year Built

1929
For Lease

$24.00 - $30.00/SF/YR
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Haseltine Building

133 SW 2nd Avenue, Old Town Portland - Chinatown, Portland, OR
Property

Office

48,000 SF
Availability

2 Spaces

2,652 SF
Year Built

1980
For Lease

$20.00/SF/YR
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6220 SE 122nd Avenue

6220 SE 122nd Avenue, Bellrose, Portland, OR
Property

VacantLand
For Sale

$3,700,000
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11000 SW Barbur Boulevard

11000 SW Barbur Boulevard, West Portland Park, Portland, OR
Property

Office

6,000 SF
For Sale

$1,800,000
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Broadway Plaza

2121 South Broadway, Portland Heights, Portland, OR
Property

Office

55,066 SF
Availability

3 Spaces

10,379 SF
Year Built

1972
For Lease

$18.00 - $22.43/SF/YR
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For Lease | 9,900 SF office/warehouse space next to OMSI

310 SE Stephens St, Hosford - Abernethy, Portland, OR
Property

Industrial
Availability

1 Space

9,900 SF
For Lease Contact for pricing
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2383-2389 NW Thurman Street

2383-2389 NW Thurman Street, Nob Hill - Northwest District, Portland, OR
Property

Retail

7,000 SF
Year Built

1910
For Sale

$3,300,000
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River Park Plaza

6500 SW Macadam Avenue, Corbett - Terwilliger - Lair Hill, Portland, OR
Property

Office

59,888 SF
Availability

4 Spaces

13,890 SF
Year Built

2002
For Lease

$25.00 - $34.00/SF/YR
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Arciform Building - Office

2303 N Randolph Avenue, Eliot, Portland, OR
Property

Office

38,917 SF
Availability

1 Space

10,900 SF
For Lease Contact for pricing
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9,835 SF Endcap at PDX Corporate Center South Building 4

13818 NE Airport Way, Argay, Portland, OR
Property

Industrial
Availability

1 Space

9,835 SF
For Lease Contact for pricing
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K2 Building

1717 NE 42nd Ave, Hollywood, Portland, OR
Property

Mixed Use

4,606 SF
Availability Contact for availability
Year Built

1927
For Lease Contact for pricing
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1904 1908 SE Pershing St

1904 1908 SE Pershing St, Brooklyn, Portland, OR
Property

Industrial

3,500 SF
Year Built

1985
For Sale

$1,200,000
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For Sale | Close-in Northeast Industrial Building

6514 NE 42nd Ave, Cully, Portland, OR
Property

Industrial

14,721 SF
Year Built

1962
For Sale

$3,200,000
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1210-1234 SE 7th Avenue

1210-1234 SE 7th Avenue, Buckman, Portland, OR
Property

Retail

11,154 SF
Availability

4 Spaces

5,487 SF
For Lease

$0.90 - $1.10/SF/YR
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For Lease | 30,000 SF Space at Airport Park, Bldg 2

6035 NE 92nd Dr, Sumner, Portland, OR
Property

Industrial
Availability

1 Space

30,000 SF
For Lease Contact for pricing
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One Main Place

101 SW Main Street, Downtown Portland, Portland, OR
Property

Office

330,000 SF
Availability

6 Spaces

20,853 SF
Year Built

1982
For Lease Contact for pricing
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2528 SE Holgate Blvd

2528 Southeast Holgate Boulevard, Reed, Portland, OR
Property

Industrial

4,700 SF
Availability

1 Space

4,700 SF
Year Built

1955
For Lease

$12.00/SF/YR
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2720 Northwest 35th Avenue

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

Industrial

100,000 SF
Availability

1 Space

100,000 SF
For Lease Contact for pricing
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Northwest Corporate Park, Building 9

3247 NW 29th Ave, Northwest Industrial, Portland, OR
Property

Industrial

14,036 SF
Availability

2 Spaces

3,280 SF
For Lease Contact for pricing
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Bradshaw Building

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

Office

19,519 SF
Availability

1 Space

2,262 SF
Year Built

1904
For Lease

$16.48/SF/YR
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1125-1135 SE Grand Ave

1125 SE Grand Ave, Buckman, Portland, OR
Property

Restaurant

9,000 SF
Availability Contact for availability
Year Built

1924
For Lease Contact for pricing
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Koin Tower

222 SW Columbia Street, Downtown Portland, Portland, OR
Property

Office

352,023 SF
Availability

12 Spaces

86,602 SF
Year Built

1984
For Lease Contact for pricing
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Lloyd Center Tower

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

Office

453,701 SF
Availability

13 Spaces

51,129 SF
Year Built

1981
For Lease Contact for pricing
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Riverside Junction

17800-17900 NE Riverside Parkway, Wilkes, Portland, OR
Property

Industrial

36,440 SF
Availability

2 Spaces

16,119 SF
Year Built

2017
For Lease Contact for pricing
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Yamhill Plaza

1221 SW Yamhill Street, Downtown Portland, Portland, OR
Property

Office

60,072 SF
Availability

2 Spaces

16,903 SF
Year Built

1974
For Lease

$22.50/SF/YR
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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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12299 N Lombard St

12299 N Lombard St, St. Johns, Portland, OR
Property

VacantLand
For Sale

$1,500,000
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Benson Alexander

2486 NW Westover Rd., Nob Hill - Northwest District, Portland, OR
Property

Other

18,855 SF
Year Built

1927
For Sale

$2,725,000
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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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