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    Portland, OR 97201

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    For Sale
    Contact for pricing

    Office building near Portland's South Waterfront with medical infrastructure.

    Property Features for

    General Information

    Zoning
    CM2

    Building Details

    Year built
    1965

    Source: Joe Curran Agent Joe Curran

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

    Overview

    Office Building Near South Waterfront

    This 36,320 square foot building is located just outside of the downtown core, near Portland's South Waterfront. It is suited for medical, education, or traditional office use. The building was previously occupied by the PSU Business Accelerator program and has existing lab/medical infrastructure. The property offers immediate access to major thoroughfares such as I-5, I-405, and Highway 26. Multiple bus stops and light rail stations are within walking distance, providing connectivity to various parts of the city. It is conveniently located near the Oregon Health & Science University (OHSU) campus. The building has covered and secured parking with 70 spaces. It features excellent medical/education infrastructure throughout, elevator service, and recent building upgrades including the roof and HVAC.
    Location Intelligence

    Current Use by Public Records

    Medical offices

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    Map

    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.694
    Latitude
    45.4978

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    FAQs

    What type of property is this?
    Medical office - Office building near Portland's South Waterfront with medical infrastructure.
    Where is this medical office located?
    The property is located at Portland, OR.
    What are key features of this property?
    This property features: - Excellent medical/education infrastructure throughout the building, suitable for various users; - Prime location near Portland's South Waterfront with easy access to Downtown, I-5, I-405, and Highway 26; - 36,320 SF building, previously occupied by PSU Business Accelerator program
    (503) 616-0992
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    Portland, OR 97201
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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
    Portland, OR 97201
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