Flex Space with Showroom
For Sale
Contact for pricing
217 SE Taylor St, Portland, OR 97214
Versatile commercial building suited to showroom, studio, light manufacturing, and warehouse operations.
Property Size20,000 SF
Price / SF$187.50
Days on Market48
Property Features for 217 SE Taylor St
General Information
Standard status
Active
Size
20,000 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Buckman Community Association
Building Details
Buildings
1
Listing Agency:
Kidder Mathews
(503) 221-9900
Listed By:
David Hill · License #5247
(503) 724-3540
Source:
Moodyscre
Added: Sep 15
Changed: Oct 26
Last Checked: Oct 30 at 5:21PM
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 Kidder Mathews
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Investment Insights
Based on property information with market context.
This 20,000-square-foot flex space supports several commercial formats, including showroom, studio, light manufacturing, and warehouse use. The building can accommodate businesses seeking a combination of display, production, and storage functions within one property.
The property is located at 217 SE Taylor St in Portland, across the Willamette River from the Portland CBD. It sits within the Hawthorne/Morrison Blocks, an area with furniture, home improvement, and construction-related businesses, along with restaurants and event venues.
The property is located at 217 SE Taylor St in Portland, across the Willamette River from the Portland CBD. It sits within the Hawthorne/Morrison Blocks, an area with furniture, home improvement, and construction-related businesses, along with restaurants and event venues.
Key Highlights
- 20,000‑square‑foot flex space
- Suitable for showroom, studio, light manufacturing, and warehouse uses
- 217 SE Taylor St, Portland, OR 97214
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$233,100
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,662,000
$4.7M
Cap Rate 7%
$3,330,000
$3.3M
Cap Rate 9%
$2,590,000
$2.6M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$360.0K $18.00/SF
− Vacancy
−$27.0K −$1.35/SF
EGI
$333.0K $16.65/SF
− OpEx
−$99.9K −$5.00/SF
NOI
$233.1K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,662,000
Cap Rate 7%
$3,330,000
Cap Rate 9%
$2,590,000
Alternative Uses
Best Use
Retail
$3.33M
$2.91M – $3.89M
NOI $233,100 @ 7.0% cap · market cap 6.22%
Second Best
Flex RnD
$2.90M
$2.54M – $3.39M
NOI $203,112 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$5.62M
$4.91M – $6.55M
NOI $393,155 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,737
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97214, OR
28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Portland, OR
Similar Off Market Nearby
- Bar & Bowtie — 2152 s harbor pl, portland, or 97201
- ChefStable Catering — 2136 SE 8th Ave, Portland, OR 97214, United States
- Trailhead Coffee Roasters — 350 SE Mill St, Portland, OR 97214
- Sugar Street Catering — 3334, 1430 SE Water Ave #102, Portland, OR 97214
- Alimenti Event Services, LLC — 1430 SE Water Ave #102, Portland, OR 97214
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building suited to showroom, studio, light manufacturing, and warehouse operations.
Where is this flex space located?
The property is located at 217 SE Taylor St Portland, OR.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 20,000‑square‑foot flex space; Suitable for showroom, studio, light manufacturing, and warehouse uses; 217 SE Taylor St, Portland, OR 97214
