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Property summary
This exceptional mixed-use property, located at 126 SW 2nd Ave in Portland, Oregon's desirable Multnomah County (zip code 97204), presents a compelling investment opportunity. The 28,898 square foot building, originally constructed in 1886 and extensively renovated in 2016, boasts a unique blend of retail and office space. The ground floor features an award-winning food hall, while the upper two floors offer move-in-ready creative office space. The 2016 renovation included a complete seismic… upgrade, updated mechanical, electrical, and plumbing systems, a new roof, modern restroom and shower facilities, and secure bike parking. The building's historical character is preserved through exposed timber framing, high ceilings, authentic Douglas Fir beams, and a large skylight that floods the office space with natural light. Currently at 30% occupancy, this property offers significant lease-up potential and presents an attractive option for both investors and owner-users seeking a unique, high-quality asset in a vibrant urban setting. The 0.46-acre lot houses a three-story building, offering a total of 28,898 square feet of net rentable space. This value-add investment is priced at $6,800,000. The property's central location provides favorable access to numerous amenities and is easily walkable.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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