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Standalone Four-Story Office Building
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120 SW Grover St, Portland, OR 97239

Freestanding office property in Portland’s Lair Hill neighborhood with a four-level configuration.

Space Size2,296 SF
Property Size22,222 SF
Days on Market7

Property Features for 120 SW Grover St

General Information

Standard status Active
Size 2,296 SF
Class B
Property subtype Office

Building Details

Building Size 22,222 SF
Year Built 1913

Spaces For Lease

at 120 SW Grover St Contact us

Suite 003 (Sublevel 2)

Size
2,296 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Jeff Valdes
Source: Buildout
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 31 at 2:37PM

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 Jeff Valdes

Investment Insights

Based on property information with market context.

This freestanding office building offers four floors within a standalone structure. Constructed in 1913, the property provides a distinctive older-building profile for office occupancy.

The building is located at 120 SW Grover St in Portland’s Lair Hill neighborhood, with the 97239 ZIP code identifying its surrounding area.

Key Highlights

  • Four‑floor standalone office building
  • Constructed in 1913
  • Located in Portland’s Lair Hill neighborhood

Property Analytics

Current Use

Kelsey May Photography Photography Service Morgan Interiors Interior Design Glowbox (Bike/Boat/Book/etc) Store Med|Ed Digital Advertising Agency

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts Store HVAC Service Locksmith

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

6,774
Businesses Nearby

Demographics for 97239, OR

18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value

Market

Lease Benchmarks for Portland, OR

$31.31 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
25,965 SF
Avg Space Size

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?
Office building - Freestanding office property in Portland’s Lair Hill neighborhood with a four-level configuration.
Where is this office building located?
The property is located at 120 SW Grover St Portland, OR.
What are key features of this property?
This property features: Four‑floor standalone office building; Constructed in 1913; Located in Portland’s Lair Hill neighborhood
More about this property
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