Portland, OR Commercial Real Estate for Lease and Sale

Explore 786 listings of Portland commercial real estate for lease and for sale to find the best space for your business.

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Park Washington Building

519 SW Park Ave., Downtown Portland, Portland, OR
Property

Office

22,570 SF
Availability

9 Spaces

7,778 SF
Year Built

1914
For Lease

$248.00 - $4,521.00/MO
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Hollywood Square

1827 NE 44th Avenue, Hollywood, Portland, OR
Property

Office

29,790 SF
Availability

2 Spaces

2,628 SF
Year Built

1947
For Lease

$23.00/SF/YR
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For Lease | 8,800 SF of Office Space in South Portland

3015 SW 1st Ave, South Waterfont, Portland, OR
Property

Office
Availability

1 Space

8,800 SF
For Lease Contact for pricing
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635 N Columbia Blvd

635 N Columbia Blvd, Piedmont, Portland, OR
Property

Industrial

6,086 SF
Year Built

1954
For Sale

$1,200,000
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Cascade Building

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

Office

93,469 SF
Availability

10 Spaces

23,157 SF
Year Built

1926
For Lease Contact for pricing
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For Lease | 12,000 SF End Cap in Airport Park West, Bldg 1

8933 NE Marx Dr, Sumner, Portland, OR
Property

Industrial
Availability

1 Space

12,000 SF
For Lease Contact for pricing
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81 NE Columbia

81 Northeast Columbia Boulevard, Piedmont, Portland, OR
Property

Industrial

15,778 SF
For Sale

$3,155,600
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7829 SW Capitol Hwy

7829 SW Capitol Hwy, Multnomah, Portland, OR
Property

Retail

5,500 SF
Availability

1 Space

1,565 SF
Year Built

1920
For Lease Contact for pricing
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400 Sixth Avenue

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

Office

210,609 SF
Availability

2 Spaces

136,368 SF
Year Built

1961
For Lease Contact for pricing
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For Lease | 1022 SW Salmon

1022 SW Salmon St, Downtown Portland, Portland, OR
Property

Office
Availability

1 Space

5,345 SF
For Lease Contact for pricing
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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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For Lease | 7 Acre Storage Yard in St. Johns

8524 N Crawford Street, Cathedral Park, Portland, OR
Property

Other
Availability

1 Space

7 Acre
For Lease Contact for pricing
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For Lease | 4.06 acres of industrial outdoor storage space

5305 NE 115th Ave, Parkrose, Portland, OR
Property

Other
Availability

1 Space

4.06 Acre
For Lease Contact for pricing
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825 SE Hwy 26 (Mt. Hood Hwy)

825 SE Hwy 26 (Mt. Hood Hwy), Mount Hood, Gresham, OR
Property

Industrial

3,116 SF
For Sale

$500,000
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Water Avenue Apartments

3811 South Water Avenue, South Waterfont, Portland, OR
Property

Multi-Family

9,240 SF
Year Built

1976
For Sale

$3,800,000
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1010 SE 96 Ave

1010 SE 96 Ave, Cherry Park, Portland, OR
Property

Retail

17,000 SF
Availability

2 Spaces

17,000 SF
Year Built

1971
For Lease

$32.00/SF/YR
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4141 NE 122nd Ave

4141 NE 122nd Ave, Parkrose, Portland, OR
Property

Retail

4,977 SF
Year Built

1984
For Sale

$2,400,000
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Spaces Slabtown
Spaces
2175 Northwest Raleigh Street #110, Portland, OR
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Hayden Island Business Park

2511-2527 N Hayden Island Dr, Hayden Island, Portland, OR
Property

Industrial

17,787 SF
Availability

2 Spaces

5,971 SF
Year Built

1983
For Lease Contact for pricing
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Banfield Plaza

7931 NE Halsey Street, Montavilla, Portland, OR
Property

Office

36,240 SF
Availability

1 Space

1,250 SF
Year Built

1980
For Lease

$24.95/SF/YR
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1210 NW Johnson St

1210 NW Johnson St, The Pearl, Portland, OR
Property

Sport / Entertainment

991 SF
Availability Contact for availability
Year Built

1931
For Lease Contact for pricing
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Central Eastside Business Center

2502-2530 SE 8th Ave, Hosford - Abernethy, Portland, OR
Property

Industrial

50,002 SF
Availability

1 Space

7,704 SF
Year Built

1982
For Lease

$1.36/SF/MO
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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/SF/YR
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29Fifty

2950 NW 29th Ave, Northwest Industrial, Portland, OR
Property

Industrial

62,338 SF
Availability

1 Space

4,000 SF
Year Built

1956
For Lease

$0.70/SF/MO
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Cubework Portland

6035 NE 92nd Dr. Bldg 2, Sumner, Portland, OR
Property

Industrial

30,000 SF
Availability

1 Space

20,000 SF
Year Built

1978
For Lease Contact for pricing
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Arden Block

602-610 SE Salmon Street, Buckman, Portland, OR
Property

Industrial

28,700 SF
Availability

2 Spaces

28,700 SF
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 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

Park Washington Building

Hollywood Square

For Lease | 8,800 SF of Office Space in South Portland

635 N Columbia Blvd

Cascade Building

For Lease | 12,000 SF End Cap in Airport Park West, Bldg 1

81 NE Columbia

7829 SW Capitol Hwy

400 Sixth Avenue

For Lease | 1022 SW Salmon

Machine Works Building

For Lease | 7 Acre Storage Yard in St. Johns

For Lease | 4.06 acres of industrial outdoor storage space

825 SE Hwy 26 (Mt. Hood Hwy)

Water Avenue Apartments

1010 SE 96 Ave

4141 NE 122nd Ave

Spaces Slabtown

Hayden Island Business Park

Banfield Plaza

1210 NW Johnson St

Central Eastside Business Center

Broadway Plaza

29Fifty

Cubework Portland

Arden Block

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

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Popular Retail Searches

Popular Industrial Searches

About us