Office for Sale in Portland, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Portland, OR 97214

Description

Now available for sublease, office Nova located at 1615 SE 3rd Ave Portland, Oregon 97214. Available square footage 16,179 SF.

Market Context

This office in Portland, OR is listed for sale. It has been on the market for 93 days. Compare it against other office listings for sale in Portland, OR — <a href="/search/sale/office/oregon/portland">view the full market</a>.

As of Q1 2026, the Portland office market showed a 27.1% vacancy rate, average asking rents near $32.00/SF/yr, and rents up 4.8% year over year. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

Is the Portland office market tightening or softening?
Vacancy is around 27.1%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$38.35/SF – $40.60/SF

Mid: $38.35/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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