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    636 21St Ave Portland, OR 97209

    Sponsored
    For Lease
    $27 SF/Yr

    3,921 SF Office/Retail, 18 Parking Spaces

    Lot size:
    19,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,921 square foot commercial space, located at 636 NW 21st Ave in Portland, Oregon, 97209, presents a unique opportunity for businesses seeking a vibrant and convenient location. The property, classified as a Class B building, offers a flexible layout suitable for various uses, including traditional office, coworking, or medical office settings. The space is situated across from NW Irving St and is comprised of two floors: 2,395 square feet on the first floor and 1,526 square feet on the second floor. A significant advantage is the inclusion of 18 secure parking spaces, a rare commodity in this desirable area. The total building size is 19,740 square feet, with the available space ready for occupancy on March 1, 2025. The lease rate is $27.00 per square foot, plus NNN charges, with an additional $150 per month for each parking space. This property offers a blend of functionality and prime location, making it an ideal choice for businesses seeking a thriving Portland address. The building is a two-story structure. Please note that the current tenant should not be disturbed.

    Property Features for 636 21St Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,740 SF
    Class
    B
    Total Rate
    44415

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    3,921 SF
    Rate per SF
    $27

    HighLights

    • Fully built‑out office space.
    • Two‑story layout featuring open workspace and private offices.
    • Convenient parking garage access from NW 21st Ave.
    • Excellent walkability to numerous shops and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.69450357948
    Latitude
    45.527671002956

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    FAQs

    What type of property is this?
    Medical office - 3,921 SF Office/Retail, 18 Parking Spaces
    Where is this medical office located?
    The property is located at 636 21St Ave Portland, OR.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Fully built-out office space.; Two-story layout featuring open workspace and private offices.; Convenient parking garage access from NW 21st Ave.
    Request Owner's contact information
    636 21St Ave Portland, OR 97209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    636 21St Ave Portland, OR 97209
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