317 NE Sacramento St - Office FOR SALE


Portland, OR 97212- North Eliot
$445,000 USD
503-451-0745
317 NE Sacramento St, Portland, OR for Sale
$445,000 USD
Office - FOR SALE
1/47
null | Request Cap Rate

317 NE Sacramento St
Portland, OR 97212
North Eliot


HIGHLIGHTS

  • Prime NE Close-In Portland submarket with strong urban demand
  • Immediate proximity to NE MLK Blvd with ±26,670 VPD
  • Dense population base of ±26,780 residents within 1 mile
  • Average household income exceeding $115,000 within 1 mile
  • 4-minute drive to Downtown Portland
  • Infill location with limited supply supporting long-term value retention

OVERVIEW

317 NE Sacramento St is a well-located office asset positioned within Portland’s highly sought-after NE Close-In submarket, just off NE Martin Luther King Jr. Blvd. The property consists of approximately 2,190–2,256 square feet across a functional multi-level layout, situated on a compact 0.08-acre urban lot. Originally constructed in 1904 and recently renovated in 2023 for office use, the building blends historic architectural character with modern usability. Currently configured as a boutique office converted from residential use, the asset offers immediate functionality for an owner-user or investor seeking a centrally located, move-in-ready opportunity. The surrounding area is defined by dense residential population, active commercial corridors, and strong transit accessibility, supporting continued demand from office, creative, and service-oriented users. The CM3 zoning designation further enhances flexibility, allowing a wide range of commercial and mixed-use applications aligned with Portland’s urban infill development trends.

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NE Portland Owner-User Office Opportunity

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,500 SF

ZONING

CM3

APN/PARCEL ID

R102227

ASK ABOUT THIS PROPERTY

Cameron SchwabKW CommercialMore Info
503-451-0745

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Cameron SchwabKW CommercialMore Info
503-451-0745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.