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Pine Street Market 126 SW 2nd Ave 30,055 SF 29% Leased 4-Star Office Building Portland, OR 97204 For Sale



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
• 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
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
- -
- -
- -
Matsunoki Ramen began from a love of Japanese cuisine and a desire to share those flavors with Portland, building its identity around comfort food and a neighborhood dining experience. The company focuses on Japanese ramen, including tonkotsu and vegan ramen, along with mazemen, fried chicken, delivery, and takeout service. Matsunoki Ramen operates as a ramen and fried chicken vendor at Pine Street Market and has expanded into a standalone space, reflecting a broader presence in Portland's ramen scene. The company maintains continued emphasis on ramen varieties, vegan options, and chicken dishes across its Portland locations.
Pine Street Taproom operates as a full-service bar within Pine Street Market, a culinary-themed marketplace and food hall in Portland's downtown Market District. Pine Street Market opened in the spring of 2016, giving the taproom a setting alongside chefs and purveyors under one roof inside the historic Carriage & Baggage Building. The taproom focuses on local beers and specialty cocktails, while the broader market presents a casual setting for lunch, happy hour, and dinner with a mix of dining options and takeaway service. The market features a range of complementary food concepts, including juice bars, mini donuts, Thai comfort food, ramen, and dumplings, which reinforces the taproom's role within a food hall built around drinks and shared dining.
Shanghai's Best is a Portland Chinese restaurant that began as a food cart in 2018 and later moved from the Alder Street food cart pod to Pine Street Market, with additional time in Salem. The restaurant focuses on Shanghainese dishes, especially handmade dumplings, shengjian mantou, and bao, offering pork, chicken, vegetarian, and vegan fillings. Shanghai's Best remains part of Pine Street Market's lineup of eateries and continues to serve a menu centered on dumpling and bao specialties in a casual food-hall setting.
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 | - | - | - | ||
| The Mini Donut Company | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Pine Street Market is a culinary-themed marketplace and food hall housed in the historic downtown Carriage & Baggage Building, in the Market District of Portland, Oregon. Pine Street Market was touted as the ?“Most Anticipated Food Hall in America” by Eater. It has also been awarded the 2016 Art DeMuro Award for Excellence in Preservation, Reuse, and Community Revitalization and the Retail Development of the Year awards by CAB, NAIOP, SIOR, and The Portland Business Journal. Pine Street Market’s ongoing success shows how thoughtful design pursued by locals with stakes in Portland’s future can breathe new life into an entire neighborhood. Restaurant Space available today at Portland's iconic food hall. The space is fully set up for immediate use.
Private offices, huddle rooms, conference room, kitchen, & breakroom
Private offices, huddle rooms, conference room, kitchen, & breakroom
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 110 | 1,541 SF | Restaurant | Full Build-Out | Now |
| 2nd Fl-Ste 2nd Fl | 9,905 SF | Office | - | Now |
| 3rd Fl-Ste 3rd Fl | 9,905 SF | Office | - | Now |
1st Fl-Ste 110
| Size |
| 1,541 SF |
| Space Use |
| Restaurant |
| Build-Out |
| Full Build-Out |
| Available |
| 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 |
1st Fl-Ste 110
| Size | 1,541 SF |
| Space Use | Restaurant |
| Build-Out | Full Build-Out |
| Available | Now |
Pine Street Market is a culinary-themed marketplace and food hall housed in the historic downtown Carriage & Baggage Building, in the Market District of Portland, Oregon. Pine Street Market was touted as the ?“Most Anticipated Food Hall in America” by Eater. It has also been awarded the 2016 Art DeMuro Award for Excellence in Preservation, Reuse, and Community Revitalization and the Retail Development of the Year awards by CAB, NAIOP, SIOR, and The Portland Business Journal. Pine Street Market’s ongoing success shows how thoughtful design pursued by locals with stakes in Portland’s future can breathe new life into an entire neighborhood. Restaurant Space available today at Portland's iconic food hall. The space is fully set up for immediate use.
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
Property Taxes
| Parcel Number | R246024 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,032,139 CAD |
Property Taxes
Presented by
Pine Street Market | 126 SW 2nd Ave
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