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105 NW Third Ave
Portland, OR 97209
The Sinnott House · Retail Property For Sale


EXECUTIVE SUMMARY
MARCUS & MILLICHAP’S THE GARSKE GROUP HAS BEEN EXCLUSIVELY
CHOSEN TO MARKET THE SINNOTT HOUSE a distinctive historic asset located
at 105 NW 3rd Avenue in Portland’s Old Town/Chinatown district. Constructed in 1883,
this 13,278-square-foot building sits on a 0.22-acre, two-parcel site and features
an authentic historic façade that reflects Portland’s early commercial character.
The retail, base level was upgraded in the 1970s to accommodate the popular
Couch Street Fish House, which operated successfully at the property for several
decades. Since then, the ground floor has evolved into an entertainment destination,
operating as a music venue and piano bar, while the attached outdoor area has
functioned as both an event space and parking. Extensive additional upgrades
were completed in 2004/05, 2010, and 2020, including improvements to plumbing,
electrical, flooring, equipment, and fixtures, with outdoor decks added after 2012.
Positioned along a busy downtown corridor, the property benefits from strong visibility,
heavy foot traffic, and immediate access to public transportation and nearby
amenities. Surrounded by a dynamic mix of retail, residential, and office uses, the area
attracts tourists, local residents, and downtown professionals alike. This combination
of historic character, central location, and flexible, well-maintained improvements
presents a compelling owner/user or long-term investment opportunity within one of
Portland’s most culturally vibrant districts.
CHOSEN TO MARKET THE SINNOTT HOUSE a distinctive historic asset located
at 105 NW 3rd Avenue in Portland’s Old Town/Chinatown district. Constructed in 1883,
this 13,278-square-foot building sits on a 0.22-acre, two-parcel site and features
an authentic historic façade that reflects Portland’s early commercial character.
The retail, base level was upgraded in the 1970s to accommodate the popular
Couch Street Fish House, which operated successfully at the property for several
decades. Since then, the ground floor has evolved into an entertainment destination,
operating as a music venue and piano bar, while the attached outdoor area has
functioned as both an event space and parking. Extensive additional upgrades
were completed in 2004/05, 2010, and 2020, including improvements to plumbing,
electrical, flooring, equipment, and fixtures, with outdoor decks added after 2012.
Positioned along a busy downtown corridor, the property benefits from strong visibility,
heavy foot traffic, and immediate access to public transportation and nearby
amenities. Surrounded by a dynamic mix of retail, residential, and office uses, the area
attracts tourists, local residents, and downtown professionals alike. This combination
of historic character, central location, and flexible, well-maintained improvements
presents a compelling owner/user or long-term investment opportunity within one of
Portland’s most culturally vibrant districts.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,278 SF
Building Class
C
Year Built/Renovated
1883/2010
Price
$1,890,000
Price Per SF
$142.34
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.40
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
CXD
Parking
20 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
125’ on Couch St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $516,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$516,000
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