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Premier Gear & Machine Works Building 1715 NW 17th Ave 68,767 SF Office Building Portland, OR 97209 $11,500,000 ($167.23/SF)
EXECUTIVE SUMMARY
2-Story, Mixed-Use Building in Northwest Portland
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Space Available: 68,767 SF (Divisible to 34,383 SF)
Sale Price: $11,500,000
Available Now
Property Also Available for Lease | Inquire with Broker for Details
--------------------
Property Features:
• Completely renovated in 2020: new windows and skylights, polished concrete floors, and seismic upgrades.
• Reinforced concrete and mass timber construction
• 2nd Story Deck
• Oversized windows allow for abundant light
• Highly Collaborative Work Environment
• Bike Storage
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Location Features:
• Mixed Use Space in Portland’s NW Close-In
• Highly walkable neighborhood (Walk Score of 98).
• Strong mixed-use infrastructure (retail, office and residential) which captures both local and broader traffic.
• Close to major highways (1-405 and Hwy 30) and downtown (Freemont Bridge).
• NW 17th is a prominent corridor which offers high visibility and signage opportunities.
• The area has strong residential density and mixed use; that means daytime and evening activity and a diverse base of amenities.
• Convenient regional access for light manufacturing, trades, or service-based businesses
• Nearby Highlights Include: Aviation American Gin, Emerald Line, Fullerton Wines, Globe Lighting Supply, Inn at Northrup Station, LA Fitness, New Seasons, Ranch Pizza, The Triple Lindy and YogaSix Slabtown.
--------------------
Space Available: 68,767 SF (Divisible to 34,383 SF)
Sale Price: $11,500,000
Available Now
Property Also Available for Lease | Inquire with Broker for Details
--------------------
Property Features:
• Completely renovated in 2020: new windows and skylights, polished concrete floors, and seismic upgrades.
• Reinforced concrete and mass timber construction
• 2nd Story Deck
• Oversized windows allow for abundant light
• Highly Collaborative Work Environment
• Bike Storage
--------------------
Location Features:
• Mixed Use Space in Portland’s NW Close-In
• Highly walkable neighborhood (Walk Score of 98).
• Strong mixed-use infrastructure (retail, office and residential) which captures both local and broader traffic.
• Close to major highways (1-405 and Hwy 30) and downtown (Freemont Bridge).
• NW 17th is a prominent corridor which offers high visibility and signage opportunities.
• The area has strong residential density and mixed use; that means daytime and evening activity and a diverse base of amenities.
• Convenient regional access for light manufacturing, trades, or service-based businesses
• Nearby Highlights Include: Aviation American Gin, Emerald Line, Fullerton Wines, Globe Lighting Supply, Inn at Northrup Station, LA Fitness, New Seasons, Ranch Pizza, The Triple Lindy and YogaSix Slabtown.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Building Size
68,767 SF
Building Class
B
Year Built
2020
Price
$11,500,000
Price Per SF
$167.23
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
34,384 SF
Building FAR
1.73
Lot Size
0.91 AC
Zoning
EX - CM3 (Commercial Mixed-Use)
AMENITIES
- Outdoor Seating
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Dream Cyclist Location With Bike Storage
Dream Cyclist Location With Bike Storage
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Premier Gear Works | 34,383 SF | Flex | Full Build-Out | Now |
| 2nd Fl - Premier Gear Works | 34,384 SF | Flex | Full Build-Out | Now |
1st Fl - Premier Gear Works
| Size |
| 34,383 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl - Premier Gear Works
| Size |
| 34,384 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - Premier Gear Works
| Size | 34,383 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Dream Cyclist Location With Bike Storage
2nd Fl - Premier Gear Works
| Size | 34,384 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Dream Cyclist Location With Bike Storage
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | R298501 | Improvements Assessment | $3,045,000 |
| Land Assessment | $3,000,000 | Total Assessment | $6,045,000 |
PROPERTY TAXES
Parcel Number
R298501
Land Assessment
$3,000,000
Improvements Assessment
$3,045,000
Total Assessment
$6,045,000
CONTACTS
-
Don Ossey, SIOR -
John Kohnstamm -
Stephen Ossey -
Nick McCoy -
Jack Fenty -
Capacity Commercial Group LLC
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Premier Gear & Machine Works Building | 1715 NW 17th Ave
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