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Historic Office Building with Atrium
For Lease
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519 SW 3rd Ave, Portland, OR

Creative office space in historic downtown building with modern amenities.

Space Size2,510 SF - 8,059 SF
Lot Size0.23 Acres
Days on Market492

Property Features for 519 SW 3rd Ave

General Information

Standard status Active
Size 2,510 SF - 8,059 SF
Lot size 0.23 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 519 SW 3rd Ave Contact us

519 SW 3rd Ave $8 – $10/SF/Yr

Floor
2-6
Size
8,059 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Be a part of history in the CBD’s oldest office building, built in 1891, featuring...
show more
Contact us

519 SW 3rd Ave $8 – $10/SF/Yr

Floor
8
Size
2,510 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Be a part of history in the CBD’s oldest office building, built in 1891, featuring...
show more
Contact us
Listing Agency: Norris & Stevens, Inc. - Corporate
Listed By: Duane Link
Source: Moodyscre
Added: Apr 16, 2025 Changed: Aug 8 Last Checked: Aug 20 at 12:50PM

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 Norris & Stevens, Inc. - Corporate

Investment Insights

Based on property information with market context.

This historic office building, constructed in 1891 and featuring Richardsonian Romanesque architecture, offers 8,059 square feet of creative space. The building's lobby and restrooms have been recently renovated, and it now includes energy-efficient mechanical systems and bike storage. The property provides an office environment with a rooftop deck and a full building atrium that allows for ample natural light. Views encompass the Willamette River and Mt. Hood. Located in the CBD, the building is within walking distance of food carts, restaurants, and shopping, and is served by a frequent bus line. Additional amenities include bike parking and showers. The property benefits from local ownership and management.

Key Highlights

  • Unique historic building built in 1891 showcasing Richardsonian Romanesque architecture.
  • Newly renovated lobby and restrooms, including energy‑efficient mechanical systems.
  • Creative office space with a full building atrium providing plenty of natural light.

Property Analytics

Current Use

Nora Kent Government Office GMS Media and Advertising Marketing & Advertising Dekum Building Tour Operator Olan Henry Sneed ... Charitable Organization Davis Anthony E Law Firm

Suggested Use

Top Pick Tanning Salon Buffet Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store

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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,961
Businesses Nearby

Market

Lease Benchmarks for Portland, OR

$34.07 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
26,474 SF
Avg Space Size

This space is priced 77% below the average of $34.07 /SF/Yr.

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 building - Creative office space in historic downtown building with modern amenities.
Where is this office building located?
The property is located at 519 SW 3rd Ave Portland, OR.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Unique historic building built in 1891 showcasing Richardsonian Romanesque architecture.; Newly renovated lobby and restrooms, including energy‑efficient mechanical systems.; Creative office space with a **full building atrium providing plenty of natural light.**
(503) 225-8465 Call to check price and availability
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