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Planned Development Project in Portland
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2627 NE Oregon St, Portland, OR

Multi-phased development opportunity for office, medical, or senior housing.

Space Size8,321 SF - 100,000 SF
Lot Size5.17 Acres
Days on Market1150

Property Features for 2627 NE Oregon St

General Information

Standard status Active
Size 8,321 SF - 100,000 SF
Lot size 5.17 Acres
Property subtype OFFICE

Spaces For Lease

at 2627 NE Oregon St Contact us

Pavilion On Sandy

Floor
Bldg
Size
100,000 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- Building Size: Up to ± 100,000 RSF - Building Type: Office / Medical Office /...
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Splash - Pavilion Bldg

Floor
Bldg
Size
8,321 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- Exciting new development on prime corner along NE sandy blvd. - Three retail spaces...
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Listing Agency: Apex Real Estate Partners
Listed By: Nathan Sasaki
Source: Moodyscre
Added: Jul 13, 2023 Changed: Aug 8 Last Checked: Sep 2 at 12:48AM

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 Apex Real Estate Partners

Investment Insights

Based on property information with market context.

This multi-phased planned development project, known as Sandy Blocks, is designed for five blocks. The building, suitable for office, medical office, or senior housing purposes, offers up to approximately 100,000 rentable square feet. The land size is approximately 20,038 square feet, equivalent to about 0.46 acres. Zoned CM3d,m – Commercial Mixed Use 3 with Design, Center Main Street overlay, the property has a base Floor Area Ratio (FAR) of 5:1, with the potential to acquire additional FAR. The maximum height is 120 feet. The property is available for sale, delivered fee simple in April 2020, or build-to-suit, breaking ground in April 2020.

Key Highlights

  • Multi‑phased planned development project across 5 blocks.
  • Flexible building type: Office, Medical Office, or Senior Housing.
  • Available for sale (fee simple) or build‑to‑suit (BTS) options.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
Well-served
Demand for This Use

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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Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-phased development opportunity for office, medical, or senior housing.
Where is this medical office space located?
The property is located at 2627 NE Oregon St Portland, OR.
What are key features of this property?
This property features: Multi‑phased planned development project across 5 blocks.; Flexible building type: **Office, Medical Office, or Senior Housing.**; Available for sale (fee simple) or build‑to‑suit (BTS) options.
(503) 708-3813 Call to check price and availability
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