Historic Downtown Retail
For Sale
Contact for pricing
514 SW SIXTH AVE, Portland, OR 97204
Historic landmark retail building with Central Commercial zoning near Pioneer Courthouse Square.
Property Size25,000 SF
Price / SF$38
Days on Market82
Property Features for 514 SW SIXTH AVE
General Information
Standard status
Active
Size
25,000 SF
Property subtype
Retail, Office, Mixed Use
Zoning
Central Commercial
Building Details
Year Built
1902
Buildings
1
Stories
5
Units
5
Listing Agency:
CBRE - Portland
(503) 200-9216
Listed By:
Gabe Schnitzer · License #201219538
Source:
Crexi
Added: Jun 2
Changed: Aug 22
Last Checked: Aug 22 at 10:16AM
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 CBRE - Portland
Investment Insights
Based on property information with market context.
This offering is a designated historic landmark retail building in the downtown core, presented for sale with Central Commercial zoning. The property is sized at approximately 25,000 square feet, and its historic designation provides support for a repositioning strategy tied to available designation incentives.
The building is located about one block from Pioneer Courthouse Square, placing it in a high-pedestrian setting for retail and service-oriented uses. With its downtown address at 514 SW Sixth Ave, the asset is well positioned for foot traffic associated with the square and surrounding activity.
For buyers and operators, the combination of historic landmark status and Central Commercial zoning creates a structured framework for adaptive updates and long-term planning. This can appeal to investors seeking a basis well below replacement cost and a property where careful redevelopment can align the building with current downtown demand drivers, while remaining mindful of the constraints and opportunities that come with historic designation.
The building is located about one block from Pioneer Courthouse Square, placing it in a high-pedestrian setting for retail and service-oriented uses. With its downtown address at 514 SW Sixth Ave, the asset is well positioned for foot traffic associated with the square and surrounding activity.
For buyers and operators, the combination of historic landmark status and Central Commercial zoning creates a structured framework for adaptive updates and long-term planning. This can appeal to investors seeking a basis well below replacement cost and a property where careful redevelopment can align the building with current downtown demand drivers, while remaining mindful of the constraints and opportunities that come with historic designation.
Key Highlights
- 1902‑built designated Portland Historical Landmark retail building
- Approximately 25,000 SF asset in downtown Portland
- Central Commercial zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12,966
Businesses Nearby
Explore this area
Business Placement
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 Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Historic landmark retail building with Central Commercial zoning near Pioneer Courthouse Square.
Where is this retail space located?
The property is located at 514 SW SIXTH AVE Portland, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1902‑built designated Portland Historical Landmark retail building; Approximately 25,000 SF asset in downtown Portland; Central Commercial zoning
