Portland, OR Commercial Real Estate for Lease and Sale

Explore 781 listings of Portland commercial real estate for lease and for sale to find the best space for your business.

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3133 NW Saint Helens Rd

3133 NW Saint Helens Rd, Northwest Industrial, Portland, OR
Property

Industrial

14,036 SF
Availability

1 Space

14,036 SF
Year Built

1963
For Lease Contact for pricing
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For Sublease > 16,800 SF warehouse space off of 99E and SE Tacoma

8228 SE 26th Pl, Ardenwald, Portland, OR
Property

Industrial
Availability

1 Space

16,800 SF
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

6 Spaces

18,185 SF
For Lease Contact for pricing
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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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1011 SE Oak Street

1011 SE Oak Street, Buckman, Portland, OR
Property

Industrial

46,356 SF
Availability

1 Space

46,356 SF
Year Built

1960
For Lease Contact for pricing
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American Bank Building

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

Office

183,735 SF
Availability

1 Space

10,684 SF
Year Built

1913
For Lease Contact for pricing
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Oregon Plaza

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

Office

29,804 SF
Availability

2 Spaces

630 SF
Year Built

1973
For Lease

$16.48 - $20.00/SF/YR
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3203 NE Sandy Blvd

3203 Northeast Sandy Boulevard, Kerns, Portland, OR
Property

Retail

4,275 SF
Availability

2 Spaces

4,595 SF
Year Built

1951
For Lease

$14.00/SF/YR
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Jantzen Complex

401 NE 19th Avenue, Kerns, Portland, OR
Property

Office

72,053 SF
Availability

2 Spaces

10,895 SF
Year Built

1927
For Lease

$18.00/SF/YR
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4645 NE 135th Ave

4645 NE 135th Ave, Argay, Portland, OR
Property

Industrial

3,412 SF
Year Built

1928
For Sale

$925,000
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2528 SE Holgate Blvd

2528 SE Holgate Blvd, Reed, Portland, OR
Property

Industrial

4,700 SF
Availability

1 Space

4,700 SF
Year Built

1955
For Lease Contact for pricing
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For Sublease > 2,428 SF in the Wells Fargo Center

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

Office
Availability

1 Space

2,428 SF
For Lease Contact for pricing
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Power + Light Building

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

Office

272,079 SF
Availability

6 Spaces

52,629 SF
Year Built

1927
For Lease Contact for pricing
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9620 NE Colfax St

9620 Northeast Colfax Street, Sumner, Portland, OR
Property

Industrial

12,780 SF
Availability

1 Space

7,435 SF
For Lease

$1.08/SF/MO
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Medical Dental Building

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

Office

86,000 SF
Availability

1 Space

1,567 SF
Year Built

1928
For Lease

$24.00/SF/YR
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For Lease | 18,256 SF at Mason Street Commons

4225 NE 161st Ave, Wilkes, Portland, OR
Property

Industrial
Availability

1 Space

18,256 SF
For Lease Contact for pricing
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Standard Insurance Center

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

Office

457,343 SF
Availability

1 Space

5,634 SF
Year Built

1970
For Lease Contact for pricing
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Thomas Building

7900-7912 SW 35th Avenue, Multnomah, Portland, OR
Property

Office

6,554 SF
Year Built

1914
For Sale

$2,295,000
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For Lease > PDX Corporate Center South Building 4 - 9,835 SF Endcap

13818 NE Airport Way, Argay, Portland, OR
Property

Industrial
Availability

1 Space

9,835 SF
For Lease Contact for pricing
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PAE Living Building

151 SW 1st Avenue, Old Town Portland - Chinatown, Portland, OR
Property

Office

57,755 SF
Availability

3 Spaces

3,438 SF
Year Built

2021
For Lease Contact for pricing
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823 SE Ash St. Portland

823 SE Ash St. Portland, Buckman, Portland, OR
Property

Land

2,587 SF
Availability Contact for availability

For Lease Contact for pricing
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4815-4831 Southeast Division Street

4815-4831 Southeast Division Street, Richmond, Portland, OR
Property

Retail

10,000 SF
Year Built

1927
For Sale

$1,950,000
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For Sublease | 17,776 SF on Sandy Blvd

17146 NE Sandy Blvd, Wilkes East, Portland, OR
Property

Industrial
Availability

1 Space

17,776 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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CENTRL Office
CENTRL Office
329 Northeast Couch Street, Portland, OR
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Cleaning services

Complimentary coffee & tea

High-speed wifi

IT support

Kitchen

Lounge area

Mail services

Parking

Printer

Privacy booths
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2393 NE Fremont St

2393 NE Fremont St, Alameda, Portland, OR
Property

Retail

5,741 SF
Availability

1 Space

2,675 SF
Year Built

2015
For Lease

$28.00/SF/YR
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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 21,098,721 square feet of office space across 357 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 5,670,157 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 12,636,700 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 6,725,666 square feet of available listings. Office space available in Portland adds up to 5,846,845 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 $22.32 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 $29.37 per square foot, industrial space in Portland saw average rents of $12.27 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 $54.84 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 71,280 square feet.
Retail properties here incorporate an average of 43,617 square feet.
Industrial space in Portland is in buildings that are, on average 76,587 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 6,600,420,809 square feet. The market offers 304 active office listing(s), which amount to 5,846,845 square feet and account for 49% of commercial spaces on the market. Local retail availability includes 959,898 square feet across 138 retail space(s). Industrial space for rent opportunities in Portland amount to 6,725,666 square feet across a total of 158 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	304	5,846,845
Retail	138	959,898
Industrial	158	6,725,666
Other	17	6,586,888,400

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 3,287,856 square feet of commercial property for sale here , which includes 55 office building(s) for sale , 41 retail investment opportunity listing(s) , and 43 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	55	565,074
Retail	41	584,041
Industrial	43	958,323
Other	71	1,180,418

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

3133 NW Saint Helens Rd

For Sublease > 16,800 SF warehouse space off of 99E and SE Tacoma

Airport Business Center Lease

Green Seed Apartments

1011 SE Oak Street

American Bank Building

Oregon Plaza

3203 NE Sandy Blvd

Jantzen Complex

4645 NE 135th Ave

2528 SE Holgate Blvd

For Sublease > 2,428 SF in the Wells Fargo Center

Power + Light Building

9620 NE Colfax St

Medical Dental Building

For Lease | 18,256 SF at Mason Street Commons

Standard Insurance Center

Thomas Building

For Lease > PDX Corporate Center South Building 4 - 9,835 SF Endcap

PAE Living Building

823 SE Ash St. Portland

4815-4831 Southeast Division Street

For Sublease | 17,776 SF on Sandy Blvd

7739 Northeast 21st Avenue

CENTRL Office

2393 NE Fremont 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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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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us