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Rooftop Deck Office Space
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519 SW 3rd Ave, Portland, OR 97204

Located in an 1891 historic office building with a rooftop deck, renovated lobby and restrooms, and views of the Willamette River.

Space Size2,510 SF
Days on Market485

Property Features for 519 SW 3rd Ave

General Information

Standard status Active
Size 2,510 SF
Property subtype OFFICE
Lease Type Full Service

Additional Details

Space Use Creative Office
Public Transit Yes

Amenities

rooftop deck
bike storage
bike parking
showers
full building atrium

Building Details

Year Built 1891
Construction Richardsonian Romanesque

Spaces For Lease

at 519 SW 3rd Ave Contact us

519 SW 3rd Ave $8 – $10/SF/Yr

Floor
8
Size
2,510 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Be a part of history in the CBD’s oldest office building, built in 1891, featuring...
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Listing Agency: Norris & Stevens, Inc. - Corporate
Listed By: Duane Link
Source: Moodyscre
Added: Apr 16, 2025 Changed: Aug 8 Last Checked: Aug 12 at 9:57AM

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.

Rooftop deck office space inside Portland’s CBD’s oldest office building, built in 1891 with Richardsonian Romanesque architecture. The building features a full atrium that brings in plenty of natural light, along with office-ready creative space and an outdoor rooftop deck.

Recent updates include newly renovated lobby and restrooms, plus energy-efficient mechanical systems and bike storage. Tenants also have access to bike parking and showers.

The space offers excellent views of the Willamette River and Mt. Hood. For day-to-day convenience, it’s within walking distance of food carts, restaurants, and shopping, and serviced by a frequent bus line. Local ownership and management are in place.

Key Highlights

  • Built in 1891 with Richardsonian Romanesque architecture in Portland’s CBD’s oldest office building
  • Newly renovated lobby and restrooms with energy‑efficient mechanical systems
  • Creative space plus a full building atrium for abundant natural light

Property Analytics

Current Use

Nora Kent Government Office GMS Media and Advertising Marketing & Advertising Dekum Building Tour Operator Olan Henry Sneed ... Charitable Organization Davis Anthony E Law Firm

Suggested Use

Top Pick Tanning Salon Buffet Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion 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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,961
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

This space is priced 62% below the average of $20.96 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Located in an 1891 historic office building with a rooftop deck, renovated lobby and restrooms, and views of the Willamette River.
Where is this office units located?
The property is located at 519 SW 3rd Ave Portland, OR.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Built in 1891 with Richardsonian Romanesque architecture in Portland’s CBD’s oldest office building; Newly renovated lobby and restrooms with energy‑efficient mechanical systems; Creative space plus a full building atrium for abundant natural light
(503) 225-8465 Call to check price and availability
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