4949 South Macadam Avenue Portland, OR 97239
17,657 SF office building in South Portland, 100% leased.
Type:Office
Property size:
17,657 SF- Added:
- Jan 26, 2026
- Days on Market:
- 65
- Last Refresh:
- Mar 25 at 8:55 pm
Property Features for 4949 South Macadam Avenue
General Information
- Standard status
- Active
- Size
- 17,657 SF
- Property subtype
- Office
Building Details
- Year Built
- 1979
Listing agent Nicholas Diamond License #OR #200403266 (503) 222-2655
Listing office REAL ESTATE INVESTMENT GROUP (503) 222-2655
Listing date Jan 26, 2026
Source Corfac
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All listing content including descriptions, pricing, images are the copyrighted material of REAL ESTATE INVESTMENT GROUP
Overview
Leased Office Building For Sale
This 17,657 square foot office building is located in South Portland, near downtown and the Willamette River, and close to retail and dining locations such as Elephants on Corbett, Jolly Rodger, and Starbucks. The building is currently 100% leased until May 15, 2028, presenting an opportunity for an owner-user or re-leasing scenario. Renovated in 2017, the property also received a partial new roof in 2024. The building features a coworking/creative office buildout on both floors, with 6,007 square feet on the ground floor and 11,650 square feet on the second floor. There are 51 off-street parking spaces, providing a parking ratio of 2.8 spaces per 1,000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Urban Office
Coworking & Hybrid Office
ShiloRune
Marketing & Advertising
Ideagility
Advertising Agency
Nebo Agency
Advertising Agency
Fuze7 Digital Marketing
Advertising Agency
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.676
- Latitude
- 45.4876
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 17,657 SF office building in South Portland, 100% leased.
Where is this office building located?
The property is located at 4949 South Macadam Avenue Portland, OR.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: 100% Leased until May 15, 2028, providing immediate income.; Opportunity for Owner‑User after lease expiration or Value Add Investment.; Located in Prime Johns Landing Neighborhood near Downtown and the Willamette River.
