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Office Suites with Parking Garage
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636 NW 21st Ave, Portland, OR 97209

Owner-user office space with 15 rentable parking spaces, spanning a divisible ground floor and a second-floor suite.

Property Size1,391 SF
Days on Market149

Property Features for 636 NW 21st Ave

General Information

Standard status Active
Size 1,391 SF
Total Parking Spaces 15
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Flexible Term Yes

Building Details

Stories 2
Listing Agency: Capacity Commercial Group
Listed By: Michelle Rozakis · License #200403266
Source: Moodyscre
Added: Mar 6 Changed: Jul 27 Last Checked: Aug 2 at 11:12AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This for-rent office property includes built-out suites across two floors, totaling 3,921 square feet. The ground floor offers 2,283 square feet and the second floor provides 1,638 square feet, with the second floor noted as divisible. An interior parking garage with 15 parking spaces is available for rent as part of the offering.

The property is located on NW 21st Ave in Portland, OR 97209. The owner-user opportunity is described as space for over 50% of the building, including the parking garage.

The landlord indicates they will consider all lease and use options. The space is presented as an “available now” opportunity for tenants and owner-users looking for an office layout with on-site parking.

Key Highlights

  • Owner‑user office space in NW Portland on NW 21st Ave, available now for occupancy
  • 15 parking spaces in an interior parking garage available for rent
  • 2 floors with 3,921 SF total: 2,283 SF ground floor plus 1,638 SF second floor

Property Analytics

Current Use

Kevin J Bonnington Real Estate Agency Coldwell Banker Bain Real Estate Agency Chris DeMellier Licensed ... Real Estate Agency Stoneleigh Wickland Coldwell ... Real Estate Agency Heather Parmley, Coldwell ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Electrical Service Tanning Salon HVAC Service Fish Market

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,833
Businesses Nearby

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value

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

This space is priced 44% above the average of $19.5 /SF/Yr.

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 units - Owner-user office space with 15 rentable parking spaces, spanning a divisible ground floor and a second-floor suite.
Where is this office units located?
The property is located at 636 NW 21st Ave Portland, OR.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Owner‑user office space in NW Portland on NW 21st Ave, available now for occupancy; 15 parking spaces in an interior parking garage available for rent; 2 floors with 3,921 SF total: 2,283 SF ground floor plus 1,638 SF second floor
(503) 222-0755 Call to check price and availability
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