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Historic Office Building in Downtown
For Lease
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506 SW 6th Avenue, Portland, OR 97204

Creative and traditional office spaces in the heart of Portland.

Space SizeContact for details
Property Size50,734 SF
Days on Market205

Property Features for 506 SW 6th Avenue

General Information

Standard status Active
Size 50,734 SF
Property subtype Office

Building Details

Building Size 50,734 SF
Listing Agency: Macadam Forbes
Listed By: Seth Platsman · License #OR #201218073
Source: Macadamforbes
Added: Jan 27 Changed: Aug 18 Last Checked: Aug 19 at 5:55AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

The Wilcox Building showcases Portland's architecture with wood, brass, and marble accents. The remodeled lobby offers a quiet and dignified atmosphere. The building provides creative and traditional office spaces, bike storage, and card key access. It is locally owned and managed, offering efficient communication and a willingness to work with tenants. Located in downtown Portland, the historic Wilcox Building is positioned on the MAX and TriMet bus lines. A shopping district, business services, and hotels are nearby. The property is in close proximity to Portland food carts, Pioneer Place, Starbucks, Hotel Monaco, and The Nines. Additional features include a parking garage across the street, a roaming building engineer, access to the Electric Lounge event space, a gym, and a shower. The building also offers city views and Menashe Premiere Concierge Services.

Key Highlights

  • Prime downtown Portland location with immediate access to MAX and TriMet bus lines.
  • Historic building with remodeled lobby featuring wood, brass, and marble accents.
  • Access to amenities including bike storage, gym, shower, and Electric Lounge event space.

Property Analytics

Current Use

Object Theory (Bike/Boat/Book/etc) Store Logicbox Software Inc (Bike/Boat/Book/etc) Store Natalie Seibel Counselor MIG, Inc. Landscaping Confluence Counseling Alternative Medicine Practice

Suggested Use

Top Pick Nursing Home Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Buffet Daycare Center

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

Location Intelligence

Trade Area within ½ mile

12,966
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

$21.73 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,121 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Creative and traditional office spaces in the heart of Portland.
Where is this office units located?
The property is located at 506 SW 6th Avenue Portland, OR.
What are key features of this property?
This property features: Prime downtown Portland location with immediate access to MAX and TriMet bus lines.; Historic building with remodeled lobby featuring wood, brass, and marble accents.; Access to amenities including bike storage, gym, shower, and Electric Lounge event space.
More about this property
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