Historic Retail and Creative Office
For Lease
Contact for pricing
31-53 NW 1st Avenue, Portland, OR 97209
Two-story historic building offers ground-floor retail with second-story creative office space.
Space Size1,739 SF - 7,831 SF
Property Size13,626 SF
Days on Market2597
Property Features for 31-53 NW 1st Avenue
General Information
Standard status
Active
Size
1,739 SF - 7,831 SF
Property subtype
Office
Building Details
Building Size
13,626 SF
Year Built
1875
Year Renovated
2017
Stories
2
Tenancy
Multiple
Construction
Italianate
Spaces For Lease
at 31-53 NW 1st Avenue Contact us- Size
- 1,739 SF
- Type
- Office
- Availability
- Active
Suite 100
- Size
- 7,831 SF
- Type
- Office
- Availability
- Active
Suite 201 & Suite 202
- Size
- 3,380 SF
- Type
- Office
- Availability
- Active
Suite 201
- Size
- 4,451 SF
- Type
- Office
- Availability
- Active
Suite 202
Listing Agency:
Ethos Commercial Advisors
Listed By:
Dana Solof · License #OR 201212599
Source:
Crexi
Added: Jul 30, 2019
Changed: Aug 26
Last Checked: Sep 7 at 12:27PM
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 Ethos Commercial Advisors
Investment Insights
Based on property information with market context.
Constructed in 1875, Norton House features Italianate architecture and a long history as a mixed-use building. The property was extensively remodeled in the 1970s and again in 2017, and today it includes ground-floor retail space alongside second-story creative office space.
Located in Old Town and easily accessible by both car and public transit, Norton House is adjacent to the Burnside Bridge. The surrounding area is served by numerous public transportation options, including twelve bus lines and four streetcar lines, with convenient parking available.
Norton House benefits from an amenity-rich neighborhood where tenants such as the University of Oregon, Oregon College of Oriental Medicine, and Ankrom Moisan have helped continue neighborhood development, with nearby dining, drink, and entertainment options.
Located in Old Town and easily accessible by both car and public transit, Norton House is adjacent to the Burnside Bridge. The surrounding area is served by numerous public transportation options, including twelve bus lines and four streetcar lines, with convenient parking available.
Norton House benefits from an amenity-rich neighborhood where tenants such as the University of Oregon, Oregon College of Oriental Medicine, and Ankrom Moisan have helped continue neighborhood development, with nearby dining, drink, and entertainment options.
Key Highlights
- Constructed in 1875, Norton House is a historic two‑story building with Italianate architecture
- Ground‑floor retail space with second‑story creative office space
- Extensively remodeled in the 1970s and again in 2017
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
10,936
Businesses Nearby
Explore this area
Business Placement
Demographics for 97209, OR
22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value
Market
Lease Benchmarks for Portland, OR
$21.79 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
10,043 SF
Avg Space Size
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Creative space - Two-story historic building offers ground-floor retail with second-story creative office space.
Where is this creative space located?
The property is located at 31-53 NW 1st Avenue Portland, OR.
What are key features of this property?
This property features: Constructed in 1875, Norton House is a historic two‑story building with Italianate architecture; Ground‑floor retail space with second‑story creative office space; Extensively remodeled in the 1970s and again in 2017
