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Modern Office Suites Above Kitchens
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1650 SE 3rd Ave, Portland, OR 97214

Turn-key office suites above commercial kitchens in Portland.

Space Size1,873 SF
Days on Market1569

Property Features for 1650 SE 3rd Ave

General Information

Standard status Active
Size 1,873 SF
Class B
Property subtype Retail, Office, Industrial
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 1650 SE 3rd Ave Contact us

Kitchen Suite 1660

Size
1,873 SF
Type
Industrial, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: North Rim Commercial Properties
Listed By: Matt Schweitzer · License #940600121
Source: Crexi
Added: May 23, 2022 Changed: Sep 5 Last Checked: Sep 6 at 11:48PM

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 North Rim Commercial Properties

Investment Insights

Based on property information with market context.

The Pitman Building, located at 1650 SE 3rd Ave in Portland, features modern, turn-key office suites situated above commercial kitchens. The property offers on-site guest parking, designated parking, and secure bike storage. Security is provided through nightly patrols, and the building has 24/7 secure access. The property is locally owned and managed.

Key Highlights

  • Modern, turn‑key office suites offer a seamless transition for your business.
  • Benefit from on‑site guest parking and designated parking.
  • Enjoy 24/7 secure building access.

Property Analytics

Current Use

The Sugar Trap Hair Salon Imaginal Cell Tattoo & Piercing Shop Rescue Rooter Plumbing Service Web Sharp Studios (Bike/Boat/Book/etc) Store LashedPDX Hair Salon

Suggested Use

Top Pick Pet Grooming Service Tanning Salon Veterinary Clinic (Bike/Boat/Book/etc) Store Supermarket Pet Store & Service

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,722
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Lease Benchmarks for Portland, OR

$22.59 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
11,123 SF
Avg Space Size

This space is priced 33% above the average of $22.59 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Turn-key office suites above commercial kitchens in Portland.
Where is this office units located?
The property is located at 1650 SE 3rd Ave Portland, OR.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Modern, turn‑key office suites offer a seamless transition for your business.; Benefit from on‑site guest parking and designated parking.; Enjoy 24/7 secure building access.
More about this property
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