Portland, OR
Commercial Real Estate Market Trends & Data

$286 Avg asking sale price
$22 Avg asking lease rate
8,261 SF Avg unit lease size
24,858 SF Avg building size for sale
6.57% Average cap rate

Portland's Demographic Profile

Portland has 273,591 households and a median income of $83,502, 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 631,775
# Households 273,591
Median age 40
Median household income $83,502
Avg household size 2.0
Renter-occupied housing units 141,301
5-year population change -2%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Portland $262 17,784 SF 12.02%
Vancouver $264 26,273 SF 9.75%
Orchards $535 12,622 SF 5.84%
Milwaukie $249 3,815 SF 5.17%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Portland $221 28,073 SF 12.91%
Vancouver $281 96,897 SF 8.81%
Milwaukie $176 84,669 SF 6.40%
Nearby Retail Markets Avg Cost/SF Typical Size
Portland $353 16,560 SF
Vancouver $585 19,217 SF
Orchards $387 23,162 SF
Rockwood $231 17,964 SF
Fairview $568 2,000 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Portland $288 34,078 SF 8.54%
Vancouver $414 47,465 SF 7.35%
Rockwood $176 22,572 SF 6.69%
Milwaukie $280 15,243 SF 6.69%
Beaverton $322 30,541 SF 6.52%

Commercial Properties For Sale in Portland

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

Versatile Development Site| Along Interstate

Portland, OR 97219

  • 0.88 AC Lot
  • 1 Commercial Lot
  • Auction Sale
For Sale

2816 NE Halsey St

Portland, OR 97232

  • 3,020 SF Retail Building
  • 7.53% Cap Rate
  • $1,240,000
For Sale

Jackie's Sports Bar

Portland, OR 97214

  • 6,300 SF Retail Building
  • 7.76% Cap Rate
  • $3,400,000
For Sale

EE Systems Lab

Portland, OR 97217

  • 46,995 SF Industrial Building
  • $7,800,000
For Sale

Goose Hollow Office

Portland, OR 97201

  • 3,174 SF Office Building
  • $995,000
For Sale

3548 SE 119th St

Portland, OR 97266

  • 9,680 SF Multifamily
  • 6.80% Cap Rate
  • $1,540,000

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

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
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Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
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A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
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Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
How to Buy a Duplex
How to Buy a Duplex
Breaking down every stage of buying a duplex, from budgeting and financing to agent selection and market analysis, ensuring you make an informed investment decision.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Portland $286 24,858 SF
Vancouver $413 41,125 SF
Orchards $461 107,661 SF
Rockwood $263 22,470 SF
Fairview $568 2,000 SF

Multifamily Properties For Sale in Portland

For Sale

Irving Street Lofts

Portland, OR 97209

  • 140,000 SF Multifamily
  • $825,000
For Sale

The George Apartments

Portland, OR 97210

  • 29,574 SF Multifamily
  • 5.85% Cap Rate
  • $14,500,000
For Sale

Winthrop Halls

Portland, OR 97210

  • 12,245 SF Multifamily
  • 5.67% Cap Rate
  • $2,800,000
For Sale

ecoFlats

Portland, OR 97227

  • 18,084 SF Multifamily
  • 5.87% Cap Rate
  • $4,950,000
For Sale

330 Dekum Apartments

Portland, OR 97211

  • 19,629 SF Multifamily
  • 5.91% Cap Rate
  • $5,175,000
For Sale

The Kennedy

Portland, OR 97217

  • 15,740 SF Multifamily
  • 4.81% Cap Rate
  • $5,600,000
For Sale

Alcove Hollywood

Portland, OR 97232

  • 54,000 SF Multifamily
  • 6.88% Cap Rate
  • $6,000,000
For Sale

Alcove NW

Portland, OR 97210

  • 47,600 SF Multifamily
  • 6.73% Cap Rate
  • $5,500,000

Regional Demographic Comparison

This comparison places Portland 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 Portland or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Portland 631,775 273,591 40 $83,502 2 141,301 -2%
Vancouver 195,545 80,101 39 $71,366 2 41,951 7%
Orchards 30,668 10,305 36 $86,885 3 3,099 7%
Rockwood 39,295 13,306 37 $54,078 3 7,250 -2%
Fairview 9,516 3,600 40 $69,765 3 1,767 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Portland, 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 Portland

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

Portland 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 Portland?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Portland. 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 Portland?

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

How does Portland compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Portland. 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 Portland acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Portland, 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.

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