317 NE Sacramento St, Portland, OR 97212
NE Portland Owner-User Office Opportunity.
Marketing description
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.
Investment highlights
Prime Urban Submarket
Prime NE Close-In Portland submarket with strong urban demand
High-Traffic Corridor Access
Immediate proximity to NE MLK Blvd with ±26,670 VPD
Dense Population Base
Dense population base of ±26,780 residents within 1 mile
Affluent Demographics
Average household income exceeding $115,000 within 1 mile
Transit-Oriented Location
Transit-oriented location with multiple stops within walking distance (±8–13 minutes)
Proximity to Downtown
4-minute drive to Downtown Portland
Airport Accessibility
21-minute drive to Portland International Airport
Supply-Constrained Infill Location
Infill location with limited supply supporting long-term value retention
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