- For Sale $2,250,000
- Property Type Office - General Office
- Property Size 9,785 SF
- Lot Size 0.19 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1954
- Year Renovated 1985
- Date Updated Nov 5, 2026
Description
Positioned in Portland’s South Waterfront corridor, the area offers investors access to one of the city’s most connected and established urban districts. Nearby amenities include Oregon Health & Science University, Willamette Park, and the waterfront trail system, along with dining and neighborhood services in South Portland and Johns Landing.
The location also benefits from convenient access to central Portland, the Willamette River corridor, and major commuter routes serving the broader metro area. With a setting that blends institutional presence, neighborhood amenities, and outdoor recreation, the area supports lasting appeal for office users. It provides investors with a strong Portland location in a well-recognized submarket.The Panorama Building presents the opportunity to acquire an established office asset at 4504 S Corbett Ave. This 9,785 SF, two-story, elevator-served office building combines enduring character with functional workspace in a well-maintained structure originally built in 1954 and renovated in 1985.
This building is currently demised into a number of office suites on each floor, including a small pod of executive suites on the 2nd floor. A new owner has the ability to retain the existing Tenants or move into the entire building. The ownership has performed a number of capital improvements over the years, including a roof restoration in 2017, HVAC replacement on the 2nd floor in 2017, 1st floor HVAC replacement (including interior ductwork) in 2019, and half of the exterior windows have been replaced over the last 12 years.
Highlights
- Built in 1954 & renovated in 1985
- CM2 zoning
- Covered parking lot
- Easy access to I-5, I-405 & I-84
- Flexible building layout
- River views
- Well-maintained structure
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Contacts
Joe Kappler
Macadam Forbes
Location
Located at 4504 S Corbett Ave, Portland, OR 97239, this property is part of the Corbett - Terwilliger - Lair Hill neighborhood and Portland market.
Contact Listing Broker
Joe Kappler
Macadam Forbes