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    88 NW Davis St Portland, OR 97209

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    For Sale
    $2,750,000

    39,850 SF LEED Silver certified office building for sale.

    Property size:
    39,850 SF
    Lot size:
    0.23 Acres

    Property Features for 88 NW Davis St

    General Information

    Size
    39,850 SF
    Lot size
    0.23 Acres

    Source: STREAM Capital Partners Agent Dean Copans

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Portland Office Building

    Located in Portland's Old Town/Chinatown neighborhood, 75 NW Couch Street is a 39,850 square foot building listed on the National Registry of Historic Places. The property is centrally located and walkable to parks, markets, lodging, and cuisine. Situated in the Central Business District of Portland, Oregon, this landmark building is near multiple hotels, award-winning restaurants, and regional shopping. Transportation connectivity is excellent, with adjacency to the Tri Met Light Rail, blocks from the streetcar system, and blocks from access to area freeways. The LEED Silver Certified property is energy efficient. In 2011, $15,000,000 was spent acquiring and completely renovating the building. Renovations included a full seismic retrofit, the addition of a fifth-floor penthouse, complete ADA upgrades, and full Fire Line Safety (full sprinkler). The building features high-end finishes, open duct work with upgraded HVAC, all new plumbing and electrical, and exposed old-growth lumber throughout.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6708798
    Latitude
    45.5243708

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    FAQs

    What type of property is this?
    Office building - 39,850 SF LEED Silver certified office building for sale.
    Where is this office building located?
    The property is located at 88 NW Davis St Portland, OR.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Below replacement cost with potential for leveraged SBA financing.; - Prime location in Portland's Old Town/Chinatown, walkable to attractions, restaurants, and shopping, with excellent transportation connectivity.; - Substantial $15,000,000 renovation in 2011, including seismic retrofit and full ADA and fire safety upgrades.
    (312) 899-6664
    Request Owner's contact information
    88 NW Davis St Portland, OR 97209
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    Portland, OR 97209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    88 NW Davis St Portland, OR 97209
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