Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Exposed beams and original brick
  • Award-winning architecture and ambiance
  • Interior skylights providing plenty of natural light
  • Renovated with excellent amenities
  • Prime central location with walkable amenities

Executive Summary

HISTORIC 3-STORY DOWNTOWN PORTLAND MIXED-USE BUILDING
• Exposed beams and original brick
• Interior skylights providing plenty of natural light
• Interior staircase connecting floors
• Extensive renovation in 2016
• Award-winning architecture
• Full seismic retrofit
• Popular ground floor food hall
• Prime central downtown location puts you in the middle of all that the city has to offer
• Two-minute walk to Tom McCall Waterfront Park

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
28,956 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1886/2016
Percent Leased
32%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,652 SF
Building FAR
1.45
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CX - Central Commercial

Amenities

  • Atrium
  • Bus Line
  • Food Court
  • Food Service
  • Restaurant
  • Signage
  • Skylights
  • Kitchen
  • Bicycle Storage
  • High Ceilings
  • Natural Light
  • Reception
  • Hardwood Floors

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Kim Jong Smokehouse
  • Accommodation and Food Services
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Portland based ramen and fried chicken restaurant.

  • Accommodation and Food Services
  • -
  • -
  • -

Located in the heart of Pine Street Market, Portland’s newest tap room features a curated selection of beers on tap and cocktails. Enjoy a spectrum of craft brews from ales and IPAs to light and refreshing sours, ciders and seltzers, and hearty stouts and porters. We also offer a collection of cocktails including classic Bloody Mary's and Old Fashioned and originals like our gin-based Naked Bike Ride made with lemon juice, marionberry, lemon and bubbles.

  • Accommodation and Food Services
  • -
  • -
  • -

Portland based restaurant specializing in homemade dumplings and steamed buns.

  • Retailer
  • -
  • -
  • -

What’s one of the biggest things The Mini Donut Company founder Matt Whiffen learned from his corporate background? Everyone loves donuts! But no one wanted to be "that person" in the office who takes an entire donut. Lightbulb moment: If mini-sized, no more splitting – everyone in the office can take two or three! Thus, The Mini Donut Company was born. What started in Seattle back in 2019 as a delivery-only business catering to offices is now a full-fledged mini donut company serving all of San Diego. The Mini Donut Company opened their first location in San Diego’s Liberty Public Market. A second location quickly followed suit, at the Little Italy Food Hall, and they now have a third location at the Windmill Food Hall in Carlsbad. With more locations on the horizon, they're excited to spread the mini donut love!

Tenant Industry SF Occupied Rent/SF Lease End
Kim Jong Smokehouse Accommodation and Food Services - - -
Accommodation and Food Services - - -
Accommodation and Food Services - - -
Accommodation and Food Services - - -
Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 2nd Fl
  • 9,905 SF
  • Office
  • -
  • Now

Private offices, huddle rooms, conference room, kitchen, & breakroom

  • 3rd Fl-Ste 3rd Fl
  • 9,905 SF
  • Office
  • -
  • Now

Private offices, huddle rooms, conference room, kitchen, & breakroom

Space Size Space Use Build-Out Available
2nd Fl-Ste 2nd Fl 9,905 SF Office - Now
3rd Fl-Ste 3rd Fl 9,905 SF Office - Now

2nd Fl-Ste 2nd Fl

Size
9,905 SF
Space Use
Office
Build-Out
-
Available
Now

3rd Fl-Ste 3rd Fl

Size
9,905 SF
Space Use
Office
Build-Out
-
Available
Now

2nd Fl-Ste 2nd Fl

Size 9,905 SF
Space Use Office
Build-Out -
Available Now

Private offices, huddle rooms, conference room, kitchen, & breakroom

3rd Fl-Ste 3rd Fl

Size 9,905 SF
Space Use Office
Build-Out -
Available Now

Private offices, huddle rooms, conference room, kitchen, & breakroom

Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
R246024
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,004,538 CAD
  • Listing ID: 40495186

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 126 SW 2nd Ave, Portland, OR 97204

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}