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Historic Masonry Mixed-Use Building
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221-227 SW Pine St, Portland, OR 97204

Masonry construction in Portland’s CBD, surrounded by restaurants, hotels, and the Willamette Riverfront.

Property Size12,000 SF
Days on Market143

Property Features for 221-227 SW Pine St

General Information

Standard status Active
Size 12,000 SF
Property subtype Mixed Use, Retail
Occupancy 32%

Building Details

Year Built 1898
Construction masonry
Listing Agency: Northmarq
Listed By: Michael Kapnick · License #OR 960500191
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 10:59PM

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 Northmarq

Investment Insights

Based on property information with market context.

The Porter Building is a 12,000-square-foot mixed-use property at 221-227 SW Pine St in Portland’s urban core. Constructed in 1898 and renovated in 1979/80, the building features masonry construction and currently has 32% occupancy.

The property is positioned within Portland’s CBD, with restaurants, hotels, and the Willamette Riverfront in the surrounding area. Recent development and renovation activity is also present nearby, adding context to the building’s urban setting.

Key Highlights

  • 12,000‑square‑foot mixed‑use building
  • 32% occupied
  • Constructed in 1898 and renovated in 1979/80

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Tanning Salon Adult Day Care (Bike/Boat/Book/etc) Store Buffet Daycare Center Veterinary Clinic

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

32%
Occupancy

Location Intelligence

Trade Area within ½ mile

12,611
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

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Masonry construction in Portland’s CBD, surrounded by restaurants, hotels, and the Willamette Riverfront.
Where is this mixed-use property located?
The property is located at 221-227 SW Pine St Portland, OR.
What are key features of this property?
This property features: 12,000‑square‑foot mixed‑use building; 32% occupied; Constructed in 1898 and renovated in 1979/80
(503) 952-0700 Call to check price and availability
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