203 NW 3rd Avenue, Portland, OR 97209

Listing office Crystal Investment Property LLC j***@crystalip.com Show Phone

Listing date Jun 24, 2026

Source Crystalip

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Overview

The Society Hotel – Portland is a 62-bed, independent economy-scale hospitality asset in a historic, four-story, 11,924 SF brick building with an interior-corridor layout. The property has been extensively renovated to achieve LEED Silver certification and offers a flexible room mix, including custom bunkbed accommodations, traditional rooms with shared private baths, and premium ensuite king units.

On-site amenities include a ground-floor cafe and bar with a full liquor license, along with a historic lobby lounge. The building also features a panoramic rooftop deck with a year-round outdoor spa and sauna lounge area. The property is located in a qualified Opportunity Zone, in downtown Portland’s Old Town Chinatown neighborhood, approximately three blocks to Tom McCall Waterfront Park and the River Walk, and within walking distance to Saturday Market and public transportation.

The flexible lodging configuration may support a range of operating models for hospitality operators, or adaptive reuse concepts where dorm-style and ensuite arrangements are desirable. With LEED Silver improvements and multiple on-site guest-oriented amenities, the asset presents a turnkey foundation for an operator seeking a historic, mixed accommodation product in Old Town Chinatown.

Suggested Use

Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.6737018

Latitude

45.5246898

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FAQs

What type of property is this?

Hotel - Historic 62-bed hotel in a renovated four-story brick building with LEED Silver and year-round rooftop spa/sauna.

Where is this hotel located?

The property is located at 203 NW 3rd Avenue Portland, OR.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: 62‑bed independent hotel in a 4‑story, 11,924 SF historic brick building in downtown Portland’s Old Town Chinatown neighborhood; Extensively renovated and certified LEED Silver; Flexible room mix includes custom bunkbeds, traditional rooms with shared private baths, and premium ensuite king units