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    215 NW Park Ave Portland, OR 97209

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    For Lease
    $12 SF/Yr ($3,392 /Mo)

    Three-story office space in historic building with modern amenities.

    Property size:
    3,392 SF
    Lot size:
    0.11 Acres

    Property Features for 215 NW Park Ave

    General Information

    Size
    3,392 SF
    Lot size
    0.11 Acres

    Source: Colliers | Portland Agent Daren Duke

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

    Overview

    Historic Office Space with Upgrades

    This property features three stories of office space available for rent. The 1911 historic structure has been upgraded with seismic improvements. Designed by the original Nike Campus Architect, Bob Thompson, the building offers glass frontage, natural light, and exposed old-growth timber beams and columns. A central atrium with skylights enhances the interior. The layout includes a mix of open space and private offices, along with two conference rooms and showers. Space planning services are available. Building signage opportunities are also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HDN Architecture & Planning Architect

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6794504
    Latitude
    45.5247221

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    FAQs

    What type of property is this?
    Office space - Three-story office space in historic building with modern amenities.
    Where is this office space located?
    The property is located at 215 NW Park Ave Portland, OR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Historic 1911 building with seismic upgrades.; - Designed by original Nike Campus Architect, Bob Thompson.; - Abundant natural light with glass frontage, central atrium, and skylights.
    (503) 781-3264
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    215 NW Park Ave Portland, OR 97209
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    Portland, OR 97209
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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
    215 NW Park Ave Portland, OR 97209
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