< Back to Search

For Sale & For Lease

THE PORTER BUILDING

221-227 SW PINE ST | Portland, OR 97204

Property Details

Price$2,395,000 / 22- 26 PSF NNN lease rate
Building Size12,028 SF

Supporting Documents

Description

  • he Porter Building is a historic mixed-use building constructed in 1898, seismically upgraded when it was renovated in 1980, located in the heart of Portland’s CBD. The property consists of 12,084 square feet on 3 floors; the two upper floors are move in ready creative office, and the ground floor features 2 restaurant spaces. With 32% occupancy and priced well below replacement cost, this is great opportunity for an owner user or value add investor.

Highlights

  • Opportunity for owner/user or investor - priced well below replacement and occupancy cost.
  • Seller carry financing terms available for qualified buyer.
  • Flexible office floor plans available.
  • Historic character, with tasteful renovations, and onsite restaurants.
  • Centrally located in the heart of Portland’s CBD steps from tourist attractions, premier hotels, restaurants, retailers, and public transportation.

Brokers

GETTING STARTED

Put our sales and management experience to work for you.

CONTACT US
15025 SW Tualatin-Sherwood Road
8836 SE Stark Street

Privacy settings

Decide which cookies you want to allow.

You can change these settings at any time. However, this can result in some functions no longer being available. For information on deleting the cookies, please consult your browser’s help function.

With the slider, you can enable or disable different types of cookies:

This website will

  • Essential: Remember your cookie permission setting
  • Essential: Allow session cookies
  • Essential: Gather information you input into a contact forms newsletter and other forms across all pages

This website won't

  • Remember your login details
  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions
  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website will

  • Essential: Remember your cookie permission setting
  • Essential: Allow session cookies
  • Essential: Gather information you input into a contact forms newsletter and other forms across all pages
  • Functionality: Remember selected region and country

This website won't

  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions
  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website will

  • Essential: Remember your cookie permission setting
  • Essential: Allow session cookies
  • Essential: Gather information you input into a contact forms newsletter and other forms across all pages
  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions

This website won't

  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website will

  • Functionality: Remember social media settings
  • Functionality: Remember selected region and country
  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions
  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website won't

  • Remember your login details
Save & Close