122 SW 3RD AVE, Portland, OR 97204 | MLS #482653781 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of LUXE Forbes Global Properties- MLS# 482653781MLS Provider

122 SW 3RD AVEPortland, OR 97204

Commercial · 4,375 Sq. ft. | 0.06 Acres
$2,800,000 Active

122 SW 3RD AVE Overview

Time on Site:
211 days
Visits:
19

This exceptional brick building presents a rare opportunity to occupy a distinctive property in the heart of Portland's downtown. Built in 1902, this charming building features a dramatic spiral staircase connecting two office floors, skylights, and high ceilings that showcase its historic character. The flexible floor plan includes multiple offices, a conference space, a kitchen area. Located just steps from multiple bus lines, the property provides exceptional transit connectivity with an 11-minute walk to Union Station and 21-minute drive to PDX airport. This building offers a unique architectural character and unbeatable downtown accessibility, for any business looking to stand apart from conventional office space. Seller has an active real estate license in OR.

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122 SW 3RD AVE Facts & Features

  • Type Commercial
  • Sq. ft. 4,375
  • Price/Sq.ft. $640
  • Lot 0.06 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1902

Business Information

  • Current Use: Office

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North

Tax Information

  • Tax Annual Amount: 11795.22
  • Tax Year: 2025

General Information

  • Inclusions: Building
  • Listing Terms: Cash,Conventional
  • Parcel Number: R246040
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CXD

Interior

Building Interior

  • Building Area Total: 4375.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Size Square Feet: 2613.0
  • Number Of Buildings: 1
  • Water Source: Public Water

General Information

  • Sewer: Public Sewer

122 SW 3RD AVE Neighborhood

Community

97204 (Portland) Demographics

40
Median Age
3,495
Population Density (per sq. mile)
18%
College Educated
$0
Estimated Median Income
42
Estimated Total Home Owners
470
Estimated Total Renters
8% / 92%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

122 SW 3RD AVE Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

122 SW 3RD AVE Market Data

Based on the last 30 days in this zip code

$474,500
Average List Price
$286
Average Price per Square Foot
0
Properties Sold
74
Average Days on Market
2
Properties for Sale
Calculations provided by Reliance Network

122 SW 3RD AVE History

Date Event Value Agent
12/1/2025Source: Regional MLS Added to Database
December 01, 2025