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Modern Office Suite with Elevator Lobby
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421 SW 6th Ave, Portland, OR 97204

Office suite includes an elevator lobby entrance, conference room, phone room, break area, and furnished open seating space.

Property Size2,500 SF
Days on Market870

Property Features for 421 SW 6th Ave

General Information

Standard status Active
Size 2,500 SF
Property subtype OFFICE

Additional Details

Furnished Yes

Amenities

elevator lobby exposure
conference room
phone room
break room
open space for seating
jewel box lobby with original Pietro Belluschi mural
extensive window line with glass to ceiling
unique aluminum and glass exterior skin
rooftop deck
on-site retail support
fitness area with showers and lockers

Building Details

Year Built 1948
Listing Agency: CBRE | Portland
Listed By: Kevin Kaufman · License #201219604
Source: Moodyscre
Added: Mar 13, 2024 Changed: Jul 26 Last Checked: Jul 30 at 12:20PM

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.

A modern office suite offering a jewel box-style elevator lobby with an original Pietro Belluschi mural. Interior highlights include extensive floor-to-ceiling glass across the window line, an open seating area, a conference room, a dedicated phone room, and a break room. Existing furniture is included, supporting a move-in-ready setup. The suite also features a fitness area with showers and lockers.

The Commonwealth Building was built in 1948 and designed by architect Pietro Belluschi, with a distinctive aluminum and glass exterior skin. The property includes on-site retail support and access to a rooftop deck.

This offering is best suited for organizations seeking a fully furnished office environment with dedicated work and meeting rooms, ample enclosed glass frontage, and on-site amenities within a landmark-style commercial building.

Key Highlights

  • Office suite with elevator lobby entrance
  • Includes 1 conference room and 1 phone room
  • Break area plus furnished open seating space

Property Analytics

Current Use

Green Sports Alliance Charitable Organization Shaw Law Group Law Firm National Fish and Wildlife ... Charitable Organization NV5 Geospatial IT Consulting Firm

Suggested Use

Top Pick Veterinary Clinic Nursing Home Tanning Salon Buffet Electrical Service (Bike/Boat/Book/etc) 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

12,966
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

Market

Lease Benchmarks for Portland, OR

$19.5 /SF/Yr
Avg Asking Price
$0.6–$40.6 /SF/Yr
Price Range
25,476 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 units - Office suite includes an elevator lobby entrance, conference room, phone room, break area, and furnished open seating space.
Where is this office units located?
The property is located at 421 SW 6th Ave Portland, OR.
What are key features of this property?
This property features: Office suite with elevator lobby entrance; Includes 1 conference room and 1 phone room; Break area plus furnished open seating space
(503) 221-4808 Call to check price and availability
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