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Historic Commonwealth Building Office Space
For Lease
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421 Southwest 6th Avenue, Portland, OR 97204

Landmark office building in Portland's Central Business District.

Space Size1,340 SF - 20,680 SF
Days on Market187

Property Features for 421 Southwest 6th Avenue

General Information

Standard status Active
Size 1,340 SF - 20,680 SF
Property subtype Office

Spaces For Lease

at 421 Southwest 6th Avenue Contact us

Suite 1200

Size
6,594 SF
Type
Office
Availability
Available
Full floor opportunity at 13,061 RSF.
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Suite 1250

Size
6,467 SF
Type
Office
Availability
Available
Full floor opportunity at 13,061 RSF.
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Suite 100

Size
19,948 SF
Type
Office
Availability
Available
Ground Floor 10,174 RSF Mezzanine 9,774 RSF
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Suite 1000

Size
12,723 SF
Type
Office
Availability
Available
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Suite 1450

Size
1,340 SF
Type
Office
Availability
Available
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Suite 225

Size
8,885 SF
Type
Office
Availability
Available
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Suite 400

Size
14,617 SF
Type
Office
Availability
Available
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Suite 450

Size
5,960 SF
Type
Office
Availability
Available
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Suite 500

Size
20,597 SF
Type
Office
Availability
Available
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Suite 600

Size
20,680 SF
Type
Office
Availability
Available
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Suite 700

Size
6,429 SF
Type
Office
Availability
Available
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Suite 725

Size
2,500 SF
Type
Office
Availability
Available
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Suite 900

Size
6,082 SF
Type
Office
Availability
Available
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Suite 950

Size
3,242 SF
Type
Office
Availability
Available
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Suite 975

Size
3,215 SF
Type
Office
Availability
Available
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Listing Agency: CBRE | Portland
Listed By: Kevin Kaufman
Source: Cbre
Added: Mar 25 Changed: Sep 24 Last Checked: Sep 26 at 4:37AM

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 CBRE | Portland

Investment Insights

Based on property information with market context.

The Commonwealth Building, constructed in 1948, represents a significant advancement in modern architecture. Designed by architect Pietro Belluschi, this building is recognized as one of Portland’s most important commercial structures and was named among the fifty most significant buildings constructed in the United States during the 1900s. The property features a jewel box lobby showcasing an original Pietro Belluschi mural, extensive window lines with floor-to-ceiling glass, and a unique aluminum and glass exterior. The building offers on-site retail support and a fitness area equipped with showers and lockers. The property is located in the Central Business District.

Key Highlights

  • Architecturally significant building designed by Pietro Belluschi, named one of the 50 most significant US buildings of the 1900s.
  • Jewel box lobby with original Pietro Belluschi mural.
  • Extensive window line with glass to ceiling.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Nail Salon Barber Shop Electrical Service Storage Facility Grocery & Convenience 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

5,275
Businesses Nearby

Demographics for 97204, OR

1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$29.64 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
30,237 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
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Frequently Asked Questions

What type of property is this?
Office building - Landmark office building in Portland's Central Business District.
Where is this office building located?
The property is located at 421 Southwest 6th Avenue Portland, OR.
What are key features of this property?
This property features: Architecturally significant building designed by Pietro Belluschi, named one of the 50 most significant US buildings of the 1900s.; Jewel box lobby with original Pietro Belluschi mural.; Extensive window line with glass to ceiling.
More about this property
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