Two-Story Office Building in Portland

1430 Southwest Clay Street Portland, OR 97201

Claim this Listing
For Sale
$1,400,000

7,500 SF office building in Goose Hollow neighborhood.

Type:Office - General Office
Property size:
7,500 SF
Price / SF:
$186/SF
Added:
May 14, 2026
Days on Market:
60
Last Refresh:
Jun 29 at 1:01 am

Property Features for 1430 Southwest Clay Street

General Information

Standard status
Active
Size
7,500 SF
Property subtype
Office - General Office

Building Details

Year Built
1970

Listing office Macadam Forbes

Listing date May 14, 2026

Source Commercialcafe

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 Macadam Forbes


Investment Insights

Based on property information with market context.

Located at 1430 SW Clay Street in Portland, Oregon, this 7,500 SF two-story office building is situated in the Goose Hollow neighborhood, bridging downtown Portland with residential areas. The property offers covered and surface parking. The flexible layout includes private offices, conference rooms, and open spaces. Access to the I-405 highway provides connectivity. This freestanding building is suitable for owner-users.

Key Highlights

  • Prime location in the coveted Goose Hollow neighborhood, bridging downtown Portland and residential charm.
  • 7,500 SF 2‑story owner‑user office building.
  • Seamless access to I‑405 highway for unparalleled connectivity.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $171.0k $22.80
− Vacancy −$41.6k −$5.54
EGI $129.4k $17.26
− OpEx −$32.4k −$4.31
NOI $97.1k $12.94
7,500 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $97,085 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,433 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Association of Western Pulp Nightclub

Suggested Use

Butcher Buffet Veterinary Clinic Tanning Salon Supermarket (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 7,500 SF office building in Goose Hollow neighborhood.
Where is this office building located?
The property is located at 1430 Southwest Clay Street Portland, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in the coveted Goose Hollow neighborhood, bridging downtown Portland and residential charm.; 7,500 SF 2‑story owner‑user office building.; Seamless access to I‑405 highway for unparalleled connectivity.
Contact an agent
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