Milwaukie, OR
Commercial Real Estate Market Trends & Data

$273 Avg asking sale price
$21 Avg asking lease rate
7,439 SF Avg unit lease size
38,143 SF Avg building size for sale
5.96% Average cap rate

Milwaukie's Demographic Profile

Milwaukie has 8,995 households and a median income of $79,312, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 20,935
# Households 8,995
Median age 43
Median household income $79,312
Avg household size 2.0
Renter-occupied housing units 3,760
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Milwaukie, OR

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Milwaukie $249 3,815 SF 5.17%
Lake Oswego $616 23,382 SF 6.75%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Milwaukie $176 84,669 SF 6.40%
Oak Grove $272 11,163 SF 6.00%
Lake Oswego $241 124,468 SF 5.00%
Happy Valley $253 25,713 SF 6.30%
Carver $218 23,858 SF 6.30%
Nearby Retail Markets Avg Cost/SF Typical Size
Milwaukie $431 5,100 SF
Oak Grove $250 5,400 SF
Gladstone $368 14,840 SF
Lake Oswego $390 16,295 SF
Happy Valley $388 6,898 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Milwaukie $280 15,243 SF 6.69%
Lake Oswego $335 26,357 SF 5.68%
West Linn $185 17,211 SF 6.69%

Commercial Properties For Sale in Milwaukie

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

17635 SE McLoughlin Blvd

Milwaukie, OR 97267

  • 5,400 SF Retail Building
  • $1,350,000
For Sale

6803 SE Johnson Creek Portfolio

Portland, OR

  • Industrial Building
  • 6.40% Cap Rate
  • $20,000,000
For Sale

2105 SE Ochoco St

Portland, OR 97222

  • 2,164 SF Office Building
  • $699,000
For Sale

10415 SE Main St

Milwaukie, OR 97222

  • 352 SF Retail Building
  • $525,000
For Sale

Milwaukie Office Space

Portland, OR 97222

  • 3,192 SF Office Building
  • 5.17% Cap Rate
  • $885,000
For Sale

8201 SE 17th Ave

Portland, OR 97202

  • 4,262 SF Office Building
  • $795,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Multifamily vs. Single-Family Investing ROI
Multifamily vs. Single-Family Investing ROI
Multifamily vs single-family investing compared across cash flow, vacancy risk, financing, management complexity, and ROI to help investors evaluate returns and downside risk by property type.
CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
How to plan capital expenditures, prioritize projects, and manage risk without sacrificing returns on your commercial property investment.
Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Milwaukie pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Milwaukie $273 38,143 SF
Oak Grove $384 15,240 SF
Gladstone $372 56,593 SF
Lake Oswego $400 24,686 SF
Happy Valley $331 13,510 SF

Regional Demographic Comparison

This comparison places Milwaukie alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Milwaukie or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Milwaukie 20,935 8,995 43 $79,312 2 3,760 2%
Oak Grove 18,013 7,618 46 $77,162 2 2,960 3%
Gladstone 11,994 4,685 42 $90,028 3 1,807 2%
Lake Oswego 43,188 18,003 48 $123,925 2 5,585 3%
Happy Valley 23,711 7,692 41 $132,573 3 1,476 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Milwaukie, OR and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Milwaukie

View All Commercial Real Estate For Sale in Milwaukie
Is Milwaukie a good market for a first-time commercial real estate investor?

Milwaukie offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Milwaukie?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Milwaukie. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Milwaukie?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Milwaukie. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Milwaukie compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Milwaukie. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Milwaukie acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Milwaukie, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Cities
Commercial Market Reports