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    390 1St St Lake Oswego, OR 97034

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    For Lease
    $35 SF/Yr ($9,342 /Mo)

    Well-lit office space with open areas and covered parking.

    Property size:
    3,203 SF
    Lot size:
    1.42 Acres

    Property Features for 390 1St St

    General Information

    Size
    3,203 SF
    Lot size
    1.42 Acres

    Source: CBRE | Portland Agent Jennifer Medak

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

    Overview

    Finished Office Space with Views

    This office space offers beautifully finished offices with ample natural light and large open areas. The layout includes three interior private offices. Covered parking is available. The location provides access to a seasonal farmer’s market and serves as a venue for concerts, art attractions, and community events throughout the year. It is situated near high-end medical and professional services and is adjacent to Millennium Park Plaza. The property features views of Mount Hood and the lake. The listed price is $35.00 per rentable square foot on a triple net lease basis, with net charges of $18.20. The property size is 3,203 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Oswego
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.664478
    Latitude
    45.420065

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    FAQs

    What type of property is this?
    Office space - Well-lit office space with open areas and covered parking.
    Where is this office space located?
    The property is located at 390 1St St Lake Oswego, OR.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Spectacular views of Mount Hood and the lake; - Adjacent to Millennium Park Plaza; - Beautifully finished offices with plenty of light
    (503) 221-1900
    Request Owner's contact information
    390 1St St Lake Oswego, OR 97034
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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
    390 1St St Lake Oswego, OR 97034
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