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    519 SW 3Rd Ave Portland, OR 97204

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    For Lease
    $6 SF/Yr ($4,029 /Mo)

    Creative office space in historic downtown building with modern amenities.

    Property size:
    8,059 SF
    Lot size:
    0.23 Acres

    Property Features for 519 SW 3Rd Ave

    General Information

    Size
    8,059 SF
    Lot size
    0.23 Acres

    Source: Norris & Stevens, Inc. - Corporate Agent Duane Link

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

    Overview

    Historic Office Building with Atrium

    This historic office building, constructed in 1891 and featuring Richardsonian Romanesque architecture, offers 8,059 square feet of creative space. The building's lobby and restrooms have been recently renovated, and it now includes energy-efficient mechanical systems and bike storage. The property provides an office environment with a rooftop deck and a full building atrium that allows for ample natural light. Views encompass the Willamette River and Mt. Hood. Located in the CBD, the building is within walking distance of food carts, restaurants, and shopping, and is served by a frequent bus line. Additional amenities include bike parking and showers. The property benefits from local ownership and management.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nora Kent Government Office GMS Media and Advertising Advertising Agency Dekum Building Historical Landmark Olan Henry Sneed ... Foundation Davis Anthony E Attorney

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Daycare Center Building Supply Kitchen & Bath 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
    -122.6753133
    Latitude
    45.5194646

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    FAQs

    What type of property is this?
    Office building - Creative office space in historic downtown building with modern amenities.
    Where is this office building located?
    The property is located at 519 SW 3Rd Ave Portland, OR.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Unique historic building built in 1891 showcasing Richardsonian Romanesque architecture.; - Newly renovated lobby and restrooms, including energy-efficient mechanical systems.; - Creative office space with a **full building atrium providing plenty of natural light.**
    (503) 223-3171
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    519 SW 3Rd Ave Portland, OR 97204
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    Portland, OR 97204
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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
    519 SW 3Rd Ave Portland, OR 97204
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