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221, Pine St, Portland, OR 97204


230 Ash (Status: Available)

221, Pine St, Portland, OR  97204

THE OFFERING provides the opportunity to acquire the historic Porter Building, a 12,000 square foot building in Portland’s urban core. The building is 53% occupied, providing an ideal opportunity for an owner-user or value-add investor. Developed in 1898 and renovated in 1979/80, this masonry-constructed building is priced well below replacement costs. Porter Building benefits from its well-connected CBD location and surrounding amenities, including restaurants, hotels, and the Willamette Riverfront. Recent developments and renovated properties surrounding the Porter Building are a testament to investors’ commitment to the CBD.

Listing Details

Asset Class: Multi-Family
Year Built: 1898
Building Total Square Feet: 15870
Available Lease Space Square Feet: 12028
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: CX


Listing Courtesy of: CPX LLC

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 221, Pine St, Portland, OR 97204
  • City: Portland
  • State/county: OR
  • Zip/Postal Code: 97204
  • Neighborhood: Not Assigned
  • Country: United States


Updated on February 26, 2023 at 7:01 pm

  • Property ID: 651398
  • Price: $2,345,000.00/For Sale
  • Property Size: 15870 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Available

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