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    224 SW Hamilton St Portland, OR 97239

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    For Sale
    $1,750,000

    Office space with parking lot in prime Portland location.

    Property size:
    6,816 SF
    Lot size:
    0.17 Acres

    Property Features for 224 SW Hamilton St

    General Information

    Size
    6,816 SF
    Lot size
    0.17 Acres

    Source: Macadam Forbes Agent Stu Peterson

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

    Overview

    Office Space with Parking Lot

    The property features 6,816 square feet of office space with functional layouts, complemented by a 5,777 square foot private parking lot accessible from Corbett Avenue. Situated minutes from downtown Portland, major highways, and public transit, the location offers convenient access. The site's elevated position provides views of Mt. Hood. Zoned CM2 (Commercial Mixed Use 2), the property allows for a range of uses, including office, retail, and residential development. The property is currently occupied by tenants on short-term leases and presents an opportunity for owner-users.
    Insight Report Location Intelligence

    Current Use by Public Records

    LMT Laura PDX Massage Therapist Brian P. Paris, ... Doctor Jennifer A. Fletcher, DC Chiropractor Portland Integrative Medicine Wellness Center Klein Wealth Management Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office 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
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6756342
    Latitude
    45.490622

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    FAQs

    What type of property is this?
    Office space - Office space with parking lot in prime Portland location.
    Where is this office space located?
    The property is located at 224 SW Hamilton St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime Location: Minutes from downtown Portland, major highways, and public transit.; - Zoning: CM2 (Commercial Mixed Use 2) allowing for a range of uses.; - 5,777 SF private Parking Lot with easy access from Corbett Ave.
    (503) 972-7288
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    224 SW Hamilton St Portland, OR 97239
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    Portland, OR 97239
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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
    224 SW Hamilton St Portland, OR 97239
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