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Two-Story Office Building
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4515 NE Sandy Blvd, Portland, OR 97213

Stand-alone two-story office building with flexible floor layout and convenient street parking and TriMet access.

Property Size819 SF
Price / SF$549.45
Days on Market66

Property Features for 4515 NE Sandy Blvd

General Information

Standard status Active
Size 819 SF
Class B
Property subtype Office, Mixed Use
Zoning CM2
Investment Type Owner/User

Building Details

Year Built 1927
Buildings 1
Stories 2
Listing Agency: NAI Elliott
Listed By: Mike Mayer · License #OR
Source: Crexi
Added: Jun 9 Changed: Aug 10 Last Checked: Aug 12 at 3:36PM

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 NAI Elliott

Investment Insights

Based on property information with market context.

This well-maintained, stand-alone office building sits on an entire city block and is configured as an approximately 819 SF two-story office space. The property offers a flexible layout designed to support a variety of commercial uses, with the benefit of a corner position for prominent presence.

Located at the intersection of Sandy and Tillamook on one of Portland’s higher-traffic commercial routes, the building provides abundant street parking. The property also offers direct TriMet access, supporting easy arrival for employees and clients, and it is positioned near major retailers in a consistently active corridor.

For tenants, the building’s two-level configuration and adaptable interior layout can accommodate different office-oriented needs. For buyers, the stand-alone setup and corner placement may be particularly useful for operators seeking visibility and straightforward access, supported by the property’s direct transit connection and surrounding retail presence.

Key Highlights

  • 1927‑built stand‑alone two‑story office building
  • Includes 819 SF of office space on two levels
  • Flexible floor layout for diverse commercial uses

Property Analytics

Current Use

Molina Insurance Group Insurance Agency

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Building Supply Pet Grooming Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,799
Businesses Nearby

Demographics for 97213, OR

31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Stand-alone two-story office building with flexible floor layout and convenient street parking and TriMet access.
Where is this office building located?
The property is located at 4515 NE Sandy Blvd Portland, OR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1927‑built stand‑alone two‑story office building; Includes 819 SF of office space on two levels; Flexible floor layout for diverse commercial uses
(503) 686-0599 Call to check price and availability
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