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Historic Mixed-Use Building
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918 SW Yamhill St, Portland, OR 97205

Six-story masonry property combining ground-floor retail with upper-level office and event space in a historic commercial building.

Property Size46,407 SF
Price / SF$53.87
Days on Market5

Property Features for 918 SW Yamhill St

General Information

Standard status Active
Size 46,407 SF
Property subtype Mixed Use
Zoning CX, Central Commercial
Occupancy 18%

Additional Details

Public Transit Yes

Building Details

Year Built 1907
Buildings 1
Stories 6
Construction masonry
Tenancy Multi
Listing Agency: Colliers - Portland, Oregon
Listed By: Scott Logan · License #OR 201206413
Source: Crexi
Added: Aug 31 Changed: Sep 2 Last Checked: Sep 2 at 1:59PM

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 Colliers - Portland, Oregon

Investment Insights

Based on property information with market context.

The Pythian Building is a six-story masonry property completed in 1907, with approximately 46,407 square feet arranged for retail, office, and event uses. Originally built as a Masonic lodge, the building retains detailed masonry, high ceilings, arched windows, hardwood floors, ornamental millwork, period chandeliers, wall mirrors, and stage platforms. Flexible floor plates support a range of commercial configurations, while the Adrianna Hill Grand Ballroom occupies the second floor as an established wedding and events venue.

Positioned at SW Yamhill and SW 9th, the property is one block from Pioneer Courthouse Square and across from Director Park. Direct MAX Light Rail and Portland Streetcar access, strong walkability, and proximity to Nordstrom, Pioneer Place, and Portland’s central retail district add substantial urban connectivity. Ground-floor retail benefits from pedestrian activity along SW Yamhill and the adjacent Portland Smart Park.

Key Highlights

  • Approximately 46,407 square feet in a six‑story masonry building completed in 1907
  • Ground‑floor retail with upper‑level office and event space
  • Adrianna Hill Grand Ballroom on the second floor

Property Analytics

Current Use

NiaStudio Theater & Performing Art Venue Pythian Bldg. Business Service Center Niasounds Theater & Performing Art Venue nia Studio Gym & Fitness Center Adrianna Hill Grand ... Wedding Service

Suggested Use

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

13,438
Businesses Nearby

Demographics for 97205, OR

8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value

Market

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?
Mixed-use property - Six-story masonry property combining ground-floor retail with upper-level office and event space in a historic commercial building.
Where is this mixed-use property located?
The property is located at 918 SW Yamhill St Portland, OR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 46,407 square feet in a six‑story masonry building completed in 1907; Ground‑floor retail with upper‑level office and event space; Adrianna Hill Grand Ballroom on the second floor
(503) 542-5480 Call to check price and availability
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