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Executive Summary

VERSATILE OFFICE BUILDING
FOR SALE OR LEASE
Property is subject to ground lease with Gresham Redevelopment Commission

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,193 SF
Building Class
B
Year Built
1959
Price
$2,453,292 CAD
Price Per SF
$299.44 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,193 SF
Building FAR
0.57
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
RTC - Primary uses permitted in RTC are retail commercial, services, office uses and housing. Mixed-use developments and various institutional uses

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 8,193 SF
  • Office
  • Full Build-Out
  • Now

SUITABLE USES 1. Professional services with light storage/field operations 2. Trade/contractor headquarters 3. Creative/production + showroom 4. Light repair and maintenance services (enclosed) 5. Last-mile retail/omnichannel storefronts (office + small fulfillment) 6. Food and beverage business HQ with limited production (subject to health/permitting) 7. Medical/clinical support offices and allied health 8. Office-oriented co-working / small business incubator 9. Trade school / training center (small scale)

Space Size Space Use Condition Available
1st Floor 8,193 SF Office Full Build-Out Now

1st Floor

Size
8,193 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 8,193 SF
Space Use Office
Condition Full Build-Out
Available Now

SUITABLE USES 1. Professional services with light storage/field operations 2. Trade/contractor headquarters 3. Creative/production + showroom 4. Light repair and maintenance services (enclosed) 5. Last-mile retail/omnichannel storefronts (office + small fulfillment) 6. Food and beverage business HQ with limited production (subject to health/permitting) 7. Medical/clinical support offices and allied health 8. Office-oriented co-working / small business incubator 9. Trade school / training center (small scale)

Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
R672982
Land Assessment
$386,576 CAD
Improvements Assessment
$2,623,799 CAD
Total Assessment
$3,010,374 CAD
  • Listing ID: 39747574

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: 454 SE 187th Ave, Portland, OR 97233

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