Compared to the rest of the Greater Portland market, the Northeast Portland region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,840 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1931 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Northeast Portland occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.