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Two-Story Office Building
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450 Marine Drive, Astoria, OR 97103

Two-story configuration includes elevator service, fire sprinklers, and off-street parking.

Property Size29,580 SF
Lot Size0.90 Acres
Price / SF$133.54
Days on Market7

Property Features for 450 Marine Drive

General Information

Standard status Active
Size 29,580 SF
Elevators Yes
Lot size 0.90 Acres
Property subtype Office

Additional Details

Highway Access Yes
Sprinkler System Yes

Building Details

Year Built 2003
Buildings 1
Stories 2
Building Size 29,580 SF
Listing Agency: Macadam Forbes
Listed By: Joe Kappler · License #OR 200605069
Source: Crexi
Added: Sep 4 Changed: Sep 9 Last Checked: Sep 9 at 3:02PM

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.

This two-story office property contains 29,580 SF on a 39,204 SF parcel and was constructed in 2003. Building improvements include a TPO roof, a two-stop elevator, and fire sprinkler coverage. The property was previously leased to the State of Oregon and can accommodate a single occupant or multiple office users.

Positioned along Marine Drive in Astoria, the building abuts the Astoria Riverwalk and offers views toward the Columbia River. Access to Hwy 30 and Hwy 101 is nearby, while the Astoria Bridge and Hwy 101 are approximately 3/4 mile away. Ample off-street parking and nearby restaurants add practical convenience for occupants and visitors.

Key Highlights

  • 29,580 SF two‑story office building on 39,204 SF of land
  • Constructed in 2003 with a TPO roof and fire sprinklers
  • Two‑stop elevator serves the building

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Storage Facility Home Appliance 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

Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 97103, OR

18,080
Population
8,007
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
163.3 sq mi
ZIP Area
111
Density / Sq Mi
$75,080
Median Household Income
$41,222
Median Earnings
$1,156
Median Rent
$437,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story configuration includes elevator service, fire sprinklers, and off-street parking.
Where is this office building located?
The property is located at 450 Marine Drive Astoria, OR.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 29,580 SF two‑story office building on 39,204 SF of land; Constructed in 2003 with a TPO roof and fire sprinklers; Two‑stop elevator serves the building
(503) 972-7294 Call to check price and availability
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