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Modern Medical Facility For Sale
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10566 SE Washington Street, Portland, OR 97216

9,270 SF medical facility in Portland's Gateway district.

Property Size9,270 SF
Lot Size1.00 Acre
Days on Market207

Property Features for 10566 SE Washington Street

General Information

Standard status Active
Size 9,270 SF
Class B
Lot size 1.00 Acre
Property subtype Office

Building Details

Building Size 9,270 SF
Year Built 1975
Listing Agency:
Listed By: Jeff Falconer, SIOR
Source: Corfac
Added: Jan 26 Changed: Aug 19 Last Checked: Aug 20 at 4:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeff Falconer, SIOR

Investment Insights

Based on property information with market context.

Located in Portland’s Gateway district, the property at 10566 SE Washington Street is a 9,270 square foot building situated on a nearly one-acre parcel. The property is located half a mile from Interstate 205 and adjacent to high-traffic retail areas, including Target and Home Depot. The building was renovated as a modern medical facility in 2017 and is currently occupied by a single owner-user but divided into two distinct premises: a fully built-out birthing center and a thriving medical clinic. Zoned CX (Central Commercial), the property is suited to a wide array of medical, commercial, and retail uses. It features abundant parking and superior visibility, including pylon signage. The property has direct access to public transportation and is located in a high-traffic area next to Mall 205, benefiting from good daytime demographics. The Mall 205 Submarket is surrounded by neighborhoods such as Montavilla, South Tabor, Hazelwood, Mill Park, and Lents. The Gateway (GA) plan district supports intensive mixed-use development, including retail, office, and housing, to support light rail transit stations and the Regional Center at Gateway. The current owner will execute a long-term leaseback of all or a portion of the building at market rates, offering a fully leased asset to investment buyers.

Key Highlights

  • Opportunity for sale‑leaseback of the entire building at market rents, providing immediate income for investment buyers.
  • Prime location adjacent to high‑traffic retail (Target, Home Depot) and close to Interstate 205.
  • Zoned CX (Central Commercial), suitable for a wide array of medical, commercial, and retail uses.

Property Analytics

Current Use

Women's Healthcare Associates Physician Gregory Matthew Eilers, ... Physician Margaret Gorman, MD Physician Nora Jean Tallman, ... Midwife Paige Erin Laird ... Midwife

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,621
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97216, OR

17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value

Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
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Similar Off Market Nearby

  • Portland Pet Center 143 NE 102nd Ave, Portland, OR 97216
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  • Hannah Pet Hospital 10526 SE Washington St Suite a-103, Portland, OR 97216

Frequently Asked Questions

What type of property is this?
Medical Office Space - 9,270 SF medical facility in Portland's Gateway district.
Where is this medical office space located?
The property is located at 10566 SE Washington Street Portland, OR.
What are key features of this property?
This property features: Opportunity for sale‑leaseback of the entire building at market rents, providing immediate income for investment buyers.; Prime location adjacent to high‑traffic retail (Target, Home Depot) and close to Interstate 205.; Zoned CX (Central Commercial), suitable for a wide array of medical, commercial, and retail uses.
More about this property
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