Historic Multi-Tenant Office
For Sale
$3,010,000
120 SW Grover St, Portland, OR 97239
A character-rich office property combining maker and studio areas with renovated building systems and flexible lease terms.
Property Size21,935 SF
Days on Market8
Property Features for 120 SW Grover St
General Information
Standard status
Active
Size
21,935 SF
Class
B
Elevators
Yes
Property subtype
Office
Amenities
natural light
Building Details
Building Size
21,935 SF
Year Built
1913
Tenancy
Multi
Listing Agency:
Capacity Commercial Group
Listed By:
Riley Henderson · License #OR #201212905
(503) 975-9301
Source:
Buildout
Added: Aug 26
Changed: Aug 28
Last Checked: Sep 1 at 5:17PM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
Built in 1913, this multi-tenant office property combines conventional office functions with maker and studio areas. Current ownership has completed significant capital improvements and renovations, while upper-level spaces receive abundant natural light. A freight elevator supports movement between levels and aligns with the building’s maker-oriented configuration.
The property carries a historic designation and is located close to Portland’s central business district while remaining outside the CBD. Short-term leases provide a range of existing occupancy terms across the building.
The property carries a historic designation and is located close to Portland’s central business district while remaining outside the CBD. Short-term leases provide a range of existing occupancy terms across the building.
Key Highlights
- Multi‑tenant office building with maker and studio space
- Constructed in 1913 and designated as a historic building
- Significant capital improvements and renovations completed by current ownership
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,774
Businesses Nearby
Explore this area
Business Placement
Demographics for 97239, OR
18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value
Market
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A character-rich office property combining maker and studio areas with renovated building systems and flexible lease terms.
Where is this office building located?
The property is located at 120 SW Grover St Portland, OR.
What is the asking price?
The asking price for this property is $3,010,000.
What are key features of this property?
This property features: Multi‑tenant office building with maker and studio space; Constructed in 1913 and designated as a historic building; Significant capital improvements and renovations completed by current ownership
