Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2045 Martin Luther King Jr Blvd Portland, OR 97212

    Sponsored
    For Lease
    $12 SF/Yr

    Newly renovated, 9,615 SF available.

    Lot size:
    22,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office space, located at 2045 NE Martin Luther King Jr Blvd in Portland, Oregon, offers 9,615 square feet of newly renovated lower-level office space within a 22,100 square foot building. Situated in Multnomah County, zip code 97212, this single-tenant property boasts a separate main entrance, providing excellent privacy and accessibility. The interior features a thoughtful blend of open and private office areas, designed to accommodate a variety of business needs. Abundant natural light enhances the workspace, creating a productive and inviting atmosphere. The space is ideally suited for back-office operations or non-profit organizations seeking economical and functional office accommodations. A significant advantage is the owner's willingness to subdivide the space to a minimum of 2,000 square feet, offering flexibility for businesses of varying sizes. This presents a unique opportunity to secure a well-appointed, recently updated office space in a desirable Portland location. The property is easily accessible and benefits from its strategic location within Multnomah County.

    Property Features for 2045 Martin Luther King Jr Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,100 SF
    Total Rate
    23020.83

    Unit(s) available at that property

    Space
    Suite 200
    Size
    9,615 SF
    Rate per SF
    $12

    HighLights

    • Excellent Northeast access, near public transportation.
    • Abundant nearby dining and retail options.
    • Freshly painted with new lighting and updated main entry.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.661912
    Latitude
    45.537868

    Nearby Similar for Lease

    • Contact for pricing

      Move-in Ready Medical Office Space

      Spacious medical office with modern finishes and ample parking.
      10202 East Burnside St, Portland, OR 97216
      View Details
    • $17 SF/Yr
      9,668 SF

      Prime Retail Space Downtown Portland

      Rare retail opportunity near hotels and upcoming public market.
      800 SW Washington St, Portland, OR 97205
      View Details
    • $24 SF/Yr
      5,000 SF

      Prime Retail Opportunity on Hawthorne

      Two retail suites available in a vibrant Portland location.
      3321 SE Hawthorne Blvd, Portland, OR 97214
      View Details
    • $30 SF/Yr
      7,748 SF

      Class A Office Space Available

      Premier office space in mixed-use building, central business district.
      710-760 SW 9Th Ave, Portland, OR 97205
      View Details
    • Contact for pricing

      Central Eastside Industrial Warehouse Space

      Warehouse/manufacturing space in Portland's Central Eastside Industrial District.
      1701 SE Water Ave, Portland, OR 97214
      View Details
    • Contact for pricing

      Portland Creative Space with Flex

      Modern creative space with flex area in vibrant Portland neighborhood.
      541 NE 20Th Ave, Portland, OR 97232
      View Details
    • Contact for pricing

      Pearl District Class A Office

      High-end creative office space in Portland's premier Pearl District.
      1022 NW Marshall St, Portland, OR 97209
      View Details
    • Contact for pricing

      Versatile Industrial & Office Space

      Full city block warehouse with renovated office space in Portland.
      Portland, OR 97214
      View Details
    • Contact for pricing

      Modern Office Space in Sellwood

      Move-in ready office space with secure courtyard and parking.
      Portland, OR 97202
      View Details
    • $810 /Mo
      15,000 SF

      Renovated Creative Office Space Available

      Creative office space for lease in a diverse business district.
      222 SE Alder St, Portland, OR 97214
      View Details
    • $25 SF/Yr
      2,637 SF

      Renovated Office/Retail Space Available

      Recently renovated office/retail space near SE Division Street amenities.
      2415-2419 SE 11Th Ave, Portland, OR 97212
      View Details
    • Contact for pricing
      86,200 SF

      Divisible Warehouse Space Near Airport

      Warehouse space available for sublease near PDX Airport.
      5349 Northeast 152Nd Pl, Portland, OR 97230
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Newly renovated, 9,615 SF available.
    Where is this office property / space located?
    The property is located at 2045 Martin Luther King Jr Blvd Portland, OR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Excellent Northeast access, near public transportation.; Abundant nearby dining and retail options.; Freshly painted with new lighting and updated main entry.
    Request Owner's contact information
    2045 Martin Luther King Jr Blvd Portland, OR 97212
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2045 Martin Luther King Jr Blvd
    Portland, OR 97212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2045 Martin Luther King Jr Blvd Portland, OR 97212
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.