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Historic Office Building with Atrium
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519 SW 3rd Ave, Portland, OR 97204

Creative office space in historic downtown building with modern amenities.

Space Size2,510 SF - 8,059 SF
Property Size77,000 SF
Days on Market315

Property Features for 519 SW 3rd Ave

General Information

Standard status Active
Size 2,510 SF - 8,059 SF
Class B
Property subtype Office

Building Details

Building Size 77,000 SF
Year Built 1891

Spaces For Lease

at 519 SW 3rd Ave Contact us

2nd Floor

Size 8,059 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
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3rd Floor

Size 8,059 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
Contact us

4th Floor

Size 8,059 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
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5th Floor

Size 8,059 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
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6th Floor

Size 8,059 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
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Suite 805

Size 2,510 SF
Type Office Building
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Norris & Stevens, Inc. - Corporate
Listed By: Duane Link
Source: Tcnworldwide
Added: Nov 24, 2025 Changed: Oct 4 Last Checked: Oct 4 at 7:43AM

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

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Open 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

Location Intelligence

Trade Area within ½ mile

12,961
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$29.67 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
30,237 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 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 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.**
More about this property
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