Portland, OR
Commercial Real Estate Market Trends & Data

$296 per SF Avg asking sale price
$22 per SF Avg asking lease rate
8,319 SF Avg unit lease size
26,069 SF Avg building size for sale
6.65% 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%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Portland $258 17,521 SF 12.02%
Vancouver $265 25,502 SF 9.75%
Orchards $737 12,622 SF 5.84%
Rockwood $256 8,533 SF 6.68%
Milwaukie $240 3,971 SF 5.38%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Portland $219 33,004 SF 12.91%
Vancouver $276 105,705 SF 8.81%
Rockwood $147 19,760 SF 6.68%
Milwaukie $176 75,085 SF 6.40%
Nearby Retail Markets Avg Cost/SF Typical Size
Portland $375 16,884 SF
Vancouver $565 19,115 SF
Orchards $387 23,162 SF
Rockwood $233 21,642 SF
Interlachen $1,060 2,478 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Portland $311 33,372 SF 8.06%
Vancouver $402 44,957 SF 7.35%
Rockwood $180 20,166 SF 7.78%
Milwaukie $280 15,243 SF 6.69%
Beaverton $245 28,780 SF 6.37%

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

3343 SE Hawthorne Blvd

Portland, OR 97214

  • 3,796 SF Retail Building
  • 6.16% Cap Rate
  • $1,595,000
For Sale

NE 82nd Avenue Portfolio

Portland, OR

  • Retail Building
  • 8.44% Cap Rate
  • $2,582,000
For Sale

2816 NE Halsey St

Portland, OR 97232

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

Burgess Apts

Portland, OR 97209

  • 9,800 SF Multifamily
  • 6.34% Cap Rate
  • $1,700,000
For Sale

Marion Court Apartments and Commercial Garage

Portland, OR 97209

  • 21,498 SF Multifamily
  • 6.34% Cap Rate
  • $3,600,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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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 $296 26,069 SF
Vancouver $418 41,017 SF
Orchards $461 107,661 SF
Rockwood $274 25,531 SF
Interlachen $1,467 2,478 SF

Multifamily Properties For Sale in Portland

For Sale

Mosaic

Portland, OR 97201

  • 37,000 SF Multifamily
  • $325,000
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

Irving Street Towers

Portland, OR 97210

  • 37,368 SF Multifamily
  • $129,000 - $189,000

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%
Interlachen 10,944 4,120 40 $70,314 3 1,935 -3%

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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