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Downtown Office Space with Skylights
For Lease
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126 SW 2nd Ave, Portland, OR 97204

Unique downtown office space featuring exposed beams and natural light.

Space Size19,810 SF
Property Size28,898 SF
Days on Market92

Property Features for 126 SW 2nd Ave

General Information

Standard status Active
Size 19,810 SF
Class B
Property subtype Office

Building Details

Building Size 28,898 SF
Year Built 1886

Spaces For Lease

at 126 SW 2nd Ave Contact us

2nd/3rd Floor

Size
19,810 SF
Type
Creative/Loft
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Norris & Stevens, Inc. - Corporate
Listed By: Duane Link
Source: Tcnworldwide
Added: May 14 Changed: Aug 8 Last Checked: Aug 8 at 3:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Norris & Stevens, Inc. - Corporate

Investment Insights

Based on property information with market context.

This one-of-a-kind downtown office space features exposed beams, original brick, and an interior staircase connecting floors. Interior skylights provide ample natural light. The property underwent extensive renovation in 2016, including a full seismic retrofit, secure bike parking, new HVAC and life safety systems, and new restrooms and shower facilities. The architecture is award-winning. The property is zoned CX - Central Commercial, allowing for a wide range of uses. The floor area ratio (FAR) is 15:1, with a maximum height of 85 feet. An award-winning food hall is located on the ground floor.

Key Highlights

  • Award‑winning foodhall on ground floor
  • One‑of‑a‑kind downtown office space with exposed beams, original brick and interior staircase connecting floors.
  • Interior skylights providing plenty of natural light

Property Analytics

Current Use

Pine Street Market Restaurant Little Thai Peacock Restaurant Teote Outpost Restaurant La Carreta Pura ... Restaurant Pine Street Taproom Bar & Pub

Suggested Use

Top Pick Tanning Salon Adult Day Care Buffet (Bike/Boat/Book/etc) Store Clothing & Fashion Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

10,936
Businesses Nearby

Demographics for 97204, OR

1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent

Market

Lease Benchmarks for Portland, OR

$20.96 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,434 SF
Avg Space Size

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Unique downtown office space featuring exposed beams and natural light.
Where is this office units located?
The property is located at 126 SW 2nd Ave Portland, OR.
What are key features of this property?
This property features: Award‑winning foodhall on ground floor; One‑of‑a‑kind downtown office space with exposed beams, original brick and interior staircase connecting floors.; Interior skylights providing plenty of natural light
More about this property
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