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Premier Gear & Machine Works Building 1715 NW 17th Ave 68,767 SF Office Building Portland, OR 97209 $15,719,810 CAD ($228.60 CAD/SF)
Investment Highlights
- Mixed Use Space in Portland’s NW Close-In
- Strong mixed-use infrastructure (retail, office and residential) which captures both local and broader traffic
- NW 17th is a prominent corridor which offers high visibility and signage opportunities
- Highly walkable neighborhood (Walk Score of 98)
- Close to major highways (1-405 and Hwy 30) and downtown (Freemont Bridge)
- The area has strong residential density and mixed use; that means daytime and evening activity and a diverse base of amenities
Executive Summary
2-Story, Commercial Mixed-Use Building in Northwest Portland
--------------------
Space Available: 68,767 SF (Divisible to 34,383 SF)
Sale Price: $11,500,000
Available Now
Property Also Available for Lease | Inquire with Broker for Details
--------------------
Property Features:
• Completely renovated in 2020: new windows and skylights, polished concrete floors, and seismic upgrades.
• Reinforced concrete and mass timber construction
• 2nd Story Deck
• Oversized windows allow for abundant light
• Highly Collaborative Work Environment
• Bike Storage
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Location Features:
• Convenient regional access for light manufacturing, trades, or service-based businesses
• Nearby Highlights Include: Aviation American Gin, Emerald Line, Fullerton Wines, Globe Lighting Supply, Inn at Northrup Station, LA Fitness, New Seasons, Ranch Pizza, The Triple Lindy and YogaSix Slabtown.
--------------------
Space Available: 68,767 SF (Divisible to 34,383 SF)
Sale Price: $11,500,000
Available Now
Property Also Available for Lease | Inquire with Broker for Details
--------------------
Property Features:
• Completely renovated in 2020: new windows and skylights, polished concrete floors, and seismic upgrades.
• Reinforced concrete and mass timber construction
• 2nd Story Deck
• Oversized windows allow for abundant light
• Highly Collaborative Work Environment
• Bike Storage
--------------------
Location Features:
• Convenient regional access for light manufacturing, trades, or service-based businesses
• Nearby Highlights Include: Aviation American Gin, Emerald Line, Fullerton Wines, Globe Lighting Supply, Inn at Northrup Station, LA Fitness, New Seasons, Ranch Pizza, The Triple Lindy and YogaSix Slabtown.
Property Facts
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Building Size
68,767 SF
Building Class
B
Year Built
2020
Price
$15,719,810 CAD
Price Per SF
$228.60 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
34,384 SF
Building FAR
1.73
Lot Size
0.91 AC
Zoning
EX - CM3 (Commercial Mixed-Use)
Amenities
- Outdoor Seating
- Balcony
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Dream Cyclist Location With Bike Storage
Dream Cyclist Location With Bike Storage
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - Premier Gear Works | 34,383 SF | Flex | Full Build-Out | Now |
| 2nd Fl - Premier Gear Works | 34,384 SF | Flex | Full Build-Out | Now |
1st Fl - Premier Gear Works
| Size |
| 34,383 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl - Premier Gear Works
| Size |
| 34,384 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - Premier Gear Works
| Size | 34,383 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Dream Cyclist Location With Bike Storage
2nd Fl - Premier Gear Works
| Size | 34,384 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Dream Cyclist Location With Bike Storage
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R298501 | Improvements Assessment | $4,217,294 CAD (2025) |
| Land Assessment | $4,154,970 CAD (2025) | Total Assessment | $8,372,264 CAD (2025) |
Property Taxes
Parcel Number
R298501
Land Assessment
$4,154,970 CAD (2025)
Improvements Assessment
$4,217,294 CAD (2025)
Total Assessment
$8,372,264 CAD (2025)
Contacts
-
Don Ossey, SIOR -
John Kohnstamm -
Stephen Ossey -
Nick McCoy -
Jack Fenty -
Capacity Commercial Group LLC
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Premier Gear & Machine Works Building | 1715 NW 17th Ave
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