Minnesota Hotel — Sale in Portland, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Portland, OR 97209

Description

Historic Brick & Beam Space

Market Context

This office in Portland, OR is listed for sale. It has been on the market for 195 days. Compare it against other office listings for sale in Portland, OR — view the full market.

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: multiple brokerage reports, Q1 2026.

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).

Estimated Market Rate

$26.00/SF – $29.90/SF

Mid: $26.00/SF

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

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