510 5Th AvePortland, OR 97204

For Lease
$20-$30 /SF/YR

Prestigious Downtown Portland Office Space

Overview

Added:
Dec 11, 2024
Days on market:
94
This stunning 35,000 square foot multi-tenant office building, located at 510 SW 5th Ave in Portland, Oregon's vibrant downtown core (zip code 97204), presents a unique investment opportunity. Originally constructed in 1906, the Historic Caplan Building underwent a comprehensive, multi-million dollar renovation in 2007, including a complete seismic upgrade, ensuring modern functionality and structural integrity. Currently, 25,000 square feet of space is available for lease, offering several full-floor options ideal for law firms or other professional office users seeking a prestigious address in the Central Business District. The building sits on a 5,000 square foot lot in Multnomah County. The property is categorized as Executive Office space with multiple tenancies. The landlord is receptive to lease-option agreements, providing a compelling pathway to ownership for smaller firms aiming to establish a permanent presence in this desirable downtown submarket. This exceptional property combines historic charm with modern amenities, offering a blend of character and convenience. Don't miss this chance to secure a prime location in the heart of Portland.

Highlights

  • Excellent proximity to Multnomah County Courthouse
  • Full-floor office suites available for lease or purchase
  • Secure building with controlled elevator access
  • Fully seismically retrofitted
  • Convenient public transportation access

Property Details for 510 5Th Ave

Property type
Other office properties, Office properties
RSF (Rentable sq. ft)
35,000 SF
Year Built/Renovated
1906/2007

Unit(s) available at that property

Space
6th Floor
Size
5,000 SF
Rate per SF
$20
Space
7th Floor
Size
5,000 SF
Rate per SF
$30
Space
3rd Floor
Size
5,000 SF
Rate per SF
$24
Space
2nd Floor
Size
5,000 SF
Rate per SF
$24
Space
Ground Floor
Size
5,000 SF
Rate per SF
$20

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.519878
Longitude
-122.6767606
510 5Th Ave, Portland, Oregon

FAQs

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510 5Th Ave
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