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    1610-1650 SE 3Rd Ave Portland, OR 97214

    For Lease
    $10 SF/Yr

    Charming office space with balcony in inner-southeast Portland.

    Property size:
    272 SF
    Lot size:
    0.45 Acres

    Property Features for 1610-1650 SE 3Rd Ave

    General Information

    Size
    272 SF
    Lot size
    0.45 Acres

    Source: North Rim Agent Tricia Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Private Office in Pitman Building

    Located on the second floor of the Pitman Building in inner-southeast Portland, this private office space offers a functional workspace. The 272-square-foot office features a balcony, an operable window for natural light, and LVP flooring. The Pitman Building is a mixed-use building with commercial kitchens on the lower level and offices on the upper level. The building provides 24/7 secure access and on-site parking. Situated near OMSI, the property is close to Portland's waterfront, downtown bridges, and the Esplanade.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6625008
    Latitude
    45.5111633

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    FAQs

    What type of property is this?
    Office space - Charming office space with balcony in inner-southeast Portland.
    Where is this office space located?
    The property is located at 1610-1650 SE 3Rd Ave Portland, OR.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Prime inner-southeast Portland location near OMSI, the waterfront, downtown bridges, and the Esplanade.; - 24/7 secure building access.; - Private balcony for fresh air.
    (503) 525-1927
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1610-1650 SE 3Rd Ave Portland, OR 97214
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