Commonwealth Building - Office Space Availability

For Lease$16 - $29.5/Sqft/Year

421 SW Sixth Avenue, Portland, OR 97204

  • Office
  • 7,460 Sqft

Commonwealth Building, Portland, OR 97204 - Office Space for rent

Commonwealth Building is located at 421 SW Sixth Avenue in the Downtown Portland neighborhood, OR, Portland, 97204. The Class B Office building was completed in 1947 and features a total of 184,000 Sqft. There is 1 Office space available for lease at 421 SW Sixth Avenue, Portland, OR, 97204, totaling 7,460 Sqft. The largest space available has 7,460 Sqft and a rental rate of $16 - $29.5/Sqft/Year.

There are 329 office spaces for lease in the Downtown Portland neighborhood, totaling 2,061,952.5 Sqft of available office space. The office space availability for the 97204 zip code is 1,155,093.5 Sqft, in 179 office spaces. The average asking office rent per sq. ft. in Downtown Portland is $28.37/sqft/year. For Class A+ office buildings the average office rate is $32.75/sqft/year, for Class A office buildings the average office rate is $29.19/sqft/year, for Class B office buildings the average office rate is $27.52/sqft/year.

In Downtown Portland, there are 72 class B office buildings. In 1947, the same year Commonwealth Building was built, 10 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Portland, featuring 165,000 square feet of commercial space. At zip code level, there are 43 commercial properties, of which 43 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $16 - $29.5/Sqft/Year
  • City Portland
  • Neighborhood Downtown Portland
  • Zip Code 97204
  • Market Portland
  • Property Type Office
  • Property Size 184,000 Sqft
  • Building Class B
  • Year Built 1947
  • Date Updated 03 Jun, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Suite 1100 General Office $16 - $29.5/Sqft/Year 7,460 Sqft
  • Suite Suite 1100
  • Space Number 1100
  • Space Type General Office
  • Total Space Available 7,460 Sqft
  • Divisible Space No
  • Min Divisible 7,460 Sqft
  • Max Contiguous 7,460 Sqft
  • Lease Rate $16 - $29.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Sub Lease Yes

Description

Located in the heart of the financial district on the Transit Mall, the Commonwealth Building offers panoramic views of the city, mountains and Willamette River.

Highlights

  • Fitness center Executive conference room

Downtown Portland Demographics

The average household income in zip code 97204 is $35,474, from a total of 417 households. In terms of employment, there are 71.60 % white-collar and 28.40 % blue-collar jobs in zip code 97204.

Population

  • Total Population6,398
  • Male Population(53.4 %) 3,414
  • Female Population(46.6 %) 2,984
  • Median Age43.80

Income/Financial

  • Average Household Income$74,912
  • Median Household Income$33,302
  • Median Income Under 25$22,992
  • Median Income 25-44$66,664
  • Median Income 45-64$23,603
  • Median Income Over 65$43,811

Leasing Contacts Register now to add listings

Dan Swift

Cushman & Wakefield

(503) 279-1765

Lana Baldock

Cushman & Wakefield

(503) 279-1775