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    521 11Th Ave Portland, OR 97205

    Sponsored
    For Lease
    Contact for pricing

    Portland CBD: Modern Office Suites Available

    Lot size:
    18,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Carlyle Building, a beautifully renovated 1909 landmark at 521 SW 11th Ave, Portland, OR 97205, offers 18,000 square feet of prime creative office space in the heart of the CBD. This four-story Class B building boasts a newly renovated lobby, roof, and complete seismic upgrades exceeding $100,000. The third floor features fully updated suites with new carpet, paint, hardware, kitchen/breakroom, and restrooms. The fourth floor, a shell space with exposed brick, beams, and ducting, offers 4,500 square feet of customizable space perfect for an open office concept or a build-out with private offices and huddle areas. Units range from 130 to 4,500 square feet, with a minimum divisible space of 2,250 square feet. The building includes one passenger elevator and is situated on a 5,000 square foot lot (0.11 acres). Enjoy high visibility, convenient access to public transportation (two blocks from a MAX station, on the streetcar line), and proximity to amenities like the Ritz-Carlton (one block away). Secure parking is available in an adjacent garage and across the street. A 2,000 square foot basement space is also available, ideal for various uses. Current tenants include Phillips & Co. and Ania Bridal Collection. The building is zoned CX.

    Property Features for 521 11Th Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,000 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1909/2019
    Stories
    4

    Unit(s) available at that property

    Space
    304
    Size
    393 SF
    Space
    305
    Size
    130 SF
    Space
    306
    Size
    649 SF
    Space
    307
    Size
    526 SF
    Space
    Top Floor
    Size
    4,500 SF
    Space
    301
    Size
    765 SF
    Space
    302
    Size
    159 SF
    Space
    303
    Size
    245 SF

    HighLights

    • 18,000 SF of creative office space in Portland's CBD.
    • Newly renovated landmark building (1909) with seismic upgrades exceeding $100,000.
    • Updated suites available (3rd floor), shell space (4th floor) offering 4,500 SF of customizable space.
    • Units range from 130 SF to 4,500 SF, minimum divisible space 2,250 SF.
    • One passenger elevator, 5,000 SF lot, adjacent and across‑street parking.
    • High visibility, near public transit (MAX & streetcar), and the Ritz‑Carlton.
    Property Profile Location Intelligence

    Current Use by Public Records

    Joel Dodson Psychologist Zinnia Ullinovich Counselor Patrice Mays Social Worker Katie Burgard Social Worker Katherine Trujillo Social Worker

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.68287977769
    Latitude
    45.521337658783

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    FAQs

    What type of property is this?
    Office space - Portland CBD: Modern Office Suites Available
    Where is this office space located?
    The property is located at 521 11Th Ave Portland, OR.
    What are key features of this property?
    This property features: 18,000 SF of creative office space in Portland's CBD.; Newly renovated landmark building (1909) with seismic upgrades exceeding $100,000.; Updated suites available (3rd floor), shell space (4th floor) offering 4,500 SF of customizable space.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    521 11Th Ave Portland, OR 97205
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