Allan Building - Ground Lease Investment Opportunity

For Lease

2421-2455 SE 11th Avenue, Portland, OR 97214

The total number of office spaces available at Allan Building - Ground Lease Investment Opportunity is 3. Leasing opportunities in the building include creative office and office. There is a total of 8,995 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 1,680 square feet.

Space Available For Lease 3

Contacts

broker
Rod Brokenshire

Macadam Forbes

Property Details

  • Property Type Office - General Office
  • Property Size 12,740 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1966
  • Year Renovated 2022
  • Date Updated Aug 11, 2025
Immerse yourself in the vibrant energy of Portland as you consider the prime location of the Allan Building. Nestled in the heart of this dynamic city, the area offers an array of dining, shopping, and entertainment options, all within easy reach of the property. Nearby, you'll find iconic destinations such as the Oregon Museum of Science and Industry, as well as the scenic Eastbank Esplanade, which provides a refreshing retreat along the Willamette River. With a thriving cultural scene and an eclectic mix of culinary delights, the location offers an inviting and inspiring backdrop for businesses and professionals alike.Located in Portland's Central Eastside, this 12,740 SF industrial building situated on 18,227 SF of land offers users a unique opportunity to acquire a leasehold interest in a multi-tenant investment property. The building was renovated in 2013 and provides home to one thriving business that occupies 25% of the space. The balance of the space, totaling 9,543 SF, is available for lease or for occupancy by an owner/user. With retail exposure, abundant natural light and flexibility, the building offers a strong foundation for a wide array of creative or mixed-use ventures.2421 SE 11th Avenue - 1,680 SF 2429 SE 11th Avenue - 3,424 SF
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Getting around

  • 95/100

    Walk Score ®

  • 68/100

    Transit Score ®

  • 100/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Hosford - Abernethy
  • Zip Code 97214
  • Market Portland

Points of Interest

  • Southeast Water/OMSI

    0.42 miles

  • Southeast Grand & Mill

    0.43 miles

  • Southeast Martin Luther King & Mill

    0.45 miles

  • Southeast Martin Luther King & Taylor

    0.74 miles

  • Bancroft Street

    1.17 miles

  • Oak Street/Southwest 1st Avenue

    1.33 miles

  • PSU South/Southwest 5th & Jackson

    1.37 miles

  • PSU Urban Center

    1.39 miles

  • Marquam Hill

    1.45 miles

  • Southwest Market & Park

    1.51 miles

  • Arco

    0.31 miles

  • Chevron

    0.47 miles

  • Kwik-Gas

    0.86 miles

  • Pacific Pride

    0.92 miles

  • Shell

    0.96 miles

  • ChargePoint

    1.11 miles

  • Blink

    1.13 miles

  • PGE Electric Avenue Downtown Portland

    1.22 miles

  • Mobil

    1.39 miles

  • Tesla Supercharger

    1.53 miles

  • Oregon Museum of Science and Industry

    0.62 miles

  • Waterman Building Parking Annex

    0.73 miles

  • North Lot

    0.77 miles

  • East Lot

    0.79 miles

  • Whitaker Lot

    0.85 miles

  • Schnitzer Lot

    0.85 miles

  • South Lot

    0.86 miles

  • East Parking

    1.02 miles

  • West Parking

    1.09 miles

  • U-Park

    1.15 miles

  • Residence Inn

    0.87 miles

  • Hyatt House

    0.90 miles

  • Hotel Grand Stark

    1.01 miles

  • RiverPlace

    1.02 miles

  • Portland Marriott Downtown Waterfront

    1.13 miles

  • Motel 6

    1.21 miles

  • Jupiter Hotel

    1.22 miles

  • Hotel Rose

    1.22 miles

  • Jupiter Next

    1.22 miles

  • Porter Hotel

    1.22 miles

  • New Seasons Market

    0.44 miles

  • People's Food Co-op

    0.58 miles

  • Market of Choice

    0.78 miles

  • Safeway

    0.97 miles

  • Sheridan Fruit Company

    1.07 miles

  • H Mart

    1.45 miles

  • Muji Portland

    1.47 miles

  • Whole Foods Market

    1.54 miles

  • Nordstrom

    1.55 miles

  • Fred Meyer

    1.62 miles

2421-2455 SE 11th Avenue Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 2421-2455 SE 11th Avenue has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Hosford - Abernethy neighborhood of Portland and located within zip code 97214.

    2421-2455 SE 11th Avenue was originally completed in 1966 and is rated class C. The building includes 12,740 square feet, of which 8,995 square feet is rentable office space. The most recent renovation completed at this address was in 2022.

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
Rod Brokenshire

Macadam Forbes

  1. 1Main information
  2. 2Extra information
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