Map of Property

205 Business Center

For Sale

8383 NE Sandy Blvd, Portland, OR 97220

This Portland property for sale is located at 8383 NE Sandy Blvd. The general use of 205 Business Center is office and it incorporates 23,716 square feet of class B office space. The current listed sale price for 205 Business Center is $2,900,000. 205 Business Center is situated on a lot that is 1.48 acre in size.

Contacts

broker
Jason VanAbrams

Capacity Commercial Group

Property Details

  • Property Type Office - General Office
  • Property Size 23,716 SF
  • Lot Size 1.48 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980
  • Date Updated Jan 30, 2025
Explore the investment potential of the dynamic area surrounding the multi-tenant office building at 8383 NE Sandy Blvd. This prime location in the heart of the bustling Portland metropolitan area offers a unique opportunity for investors seeking a thriving market. With a diverse mix of amenities, nearby attractions such as the iconic Lloyd Center, the innovative Oregon Convention Center, and the vibrant Moda Center, and close proximity to Portland International Airport, this area is a magnet for businesses and professionals. The burgeoning culinary scene, cultural attractions, and access to natural beauty make this location an ideal investment for those looking to tap into the energy and growth of the Portland market.Capacity Commercial Group is pleased to exclusively present the unique opportunity to acquire a premier multi-tenant office building in Portland, Oregon. • 30,801 square foot multi-tenant office building with a large parking lot • 300 feet of frontage on NE Sandy Blvd across from The Grotto • Well maintained with many long-term tenants and low historic vacancy • Future development potential with 1.5 acres zoned for mixed-use (CM2) on a busy thoroughfare PROPERTY OVERVIEW Address: 8383 NE Sandy Blvd, Portland, OR 97220 Asset Type: Multi-tenant Office Building Gross Building Area: ± 30,801 SF Rentable Area: 27,805 SF Year Built: 1980 Parking Spaces: 195 Surface | 6.89/1,000 SF Gross Land Area: ±1.49 Acres (±64,904 SF) Parcel ID: # R261798 Property Zoning: Combination: Commercial Mixed Use 2 (CM2h(MU-C)) and Residential Multi-Dwelling (RM1h) NOI: $188,846 CAP Rate: 6.51% Average Rent: $17 /SF Sale Price $2,900,000 ($104.30 /SF)
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Getting around

  • 68/100

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  • 57/100

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  • 52/100

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Location

  • City Portland, OR
  • Neighborhood Sumner
  • Zip Code 97220
  • Market Portland

Points of Interest

  • Southeast Main Street

    2.79 miles

  • New Rose City Cab Company

    3.55 miles

  • Southeast Powell Boulevard

    4.05 miles

  • Northeast Weidler & Grand

    4.29 miles

  • Northeast 7th & Holladay

    4.31 miles

  • Northeast Grand & Multnomah

    4.36 miles

  • Southeast Holgate Boulevard

    4.37 miles

  • Northeast Weidler & 2nd

    4.46 miles

  • Northeast Grand & Hoyt

    4.48 miles

  • Northeast Martin Luther King & Hoyt

    4.54 miles

  • Arco

    0.43 miles

  • 76

    0.43 miles

  • Chevron

    0.88 miles

  • Leathers

    0.97 miles

  • Rose City Speedway Fuel

    1.42 miles

  • Fred Meyer

    1.43 miles

  • Champion

    1.50 miles

  • ChargePoint

    1.63 miles

  • Tesla Supercharger

    1.68 miles

  • Tesla Destination Charger

    1.71 miles

  • Parkrose/Sumner

    0.68 miles

  • PDX Employee Lot

    1.22 miles

  • AirPark

    1.39 miles

  • Jiffy Airport Parking

    1.50 miles

  • Loading Zone

    1.58 miles

  • Family Friendly Parking

    1.63 miles

  • Gateway

    1.65 miles

  • Cell Phone Waiting Area

    1.84 miles

  • Economy Parking

    1.85 miles

  • TNC Staging Lot

    1.85 miles

  • Holiday Inn

    0.08 miles

  • Cameo Motel

    0.18 miles

  • Madison Suites Motel

    0.32 miles

  • Studio 6

    0.37 miles

  • Econo Lodge

    0.64 miles

  • Holiday Inn Portland-Airport

    0.80 miles

  • Best Western Pony Soldier Inn - Airport

    0.88 miles

  • Radisson Hotel Portland Airport

    1.08 miles

  • Portland Value Inn & Suites

    1.30 miles

  • Home2 Suites by Hilton Portland Airport OR

    1.39 miles

  • Hong Fat Asian Food

    0.72 miles

  • Safeway

    0.90 miles

  • Nam Phuong

    0.94 miles

  • Portland Closeout

    1.14 miles

  • Albertsons

    1.29 miles

  • Swedish Food Market

    1.60 miles

  • Pacific Market

    1.60 miles

  • Ross

    1.63 miles

  • Marshalls

    1.67 miles

  • Target

    1.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jason VanAbrams

Capacity Commercial Group

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