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Merchant Hotel 222-228 NW Davis 1,035 - 27,524 SF of Space Available in Portland, OR 97209
Highlights
- Full seismic upgrade and secure 24/7 access
- On-site restaurant, café, and specialty market
- New tenant lounge, kitchen, and shared meeting room
- Central open-air courtyard with historic architecture
- Exposed brick, wood floors, and vintage character
- Oversized operable windows and excellent natural light
All Available Spaces(10)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Suite 100B offers ±2,261 RSF of high-visibility retail or restaurant space along NW 3rd Avenue—one of Old Town’s most vibrant nightlife stretches. Formerly home to the iconic Hobo’s Bar & Restaurant, the space features direct street access, exposed brick, historic details, and excellent evening foot traffic. With its open layout and strong architectural character, Suite 100B is ideal for retail concepts, cafés, cocktail bars, tasting rooms, or experiential tenants looking to anchor themselves in a historic Portland landmark. Positioned steps from the Skidmore Fountain MAX Station, local restaurants, entertainment venues, and Old Town’s growing creative community, this location offers exceptional visibility and energy. Perfect for operators seeking authentic Portland charm, strong street presence, and immediate access to the district’s bustling nightlife and visitor traffic. - Former Hobo’s Bar & Restaurant with existing restaurant infrastructure - Direct storefront exposure along NW 3rd Avenue, one of Old Town’s most active nightlife corridors - Strong evening and weekend foot traffic driven by bars, clubs, restaurants, and entertainment venues - High ceilings, exposed brick, and historic architectural character - Flexible layout for retail, café, bar, tasting room, or experiential concepts - Close proximity to Skidmore Fountain MAX Station and major bus lines - Excellent opportunity for brands seeking high visibility and authentic Portland character - Space is ready for tenant improvements; historic charm intact
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Central Air and Heating
- High Ceilings
- Recessed Lighting
- Fits 13 - 40 People
- Former Hobo’s Bar with existing restaurant layout
- Prime nightlife corridor location
- Direct street access with strong visibility
- Partially Built-Out as Standard Retail Space
- Space In Need of Renovation
- Private Restrooms
- Exposed Ceiling
- After Hours HVAC Available
- Hardwood Floors
- Retail/restaurant space on active NW 3rd Ave
- High evening and weekend foot traffic
- Exposed brick and historic character
• Retail frontage • Restrooms in suite • Direct street access • Demisable to smaller suites
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
Mix of open area and two private offices, large windows
- Rate includes utilities, building services and property expenses
- 2 Private Offices
- Fits 3 - 9 People
Three private offices, large windows
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- 2 Private Offices
- Natural Light
- Fully Built-Out as Standard Office
- Fits 3 - 10 People
- 1 Conference Room
Mostly open area with reception area
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- 1 Private Office
- Fully Built-Out as Standard Office
- Fits 5 - 14 People
- Rate includes utilities, building services and property expenses
- Corner Space
- Fits 8 - 23 People
- Natural Light
- Rate includes utilities, building services and property expenses
- Fits 9 - 27 People
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
Mostly open floor plan, high ceilings, 2nd-gen photography studio
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Partially Built-Out as Professional Services Office
- Fits 12 - 37 People
This space features a large open creative office opportunity with exposed bricks, skylights, large windows, and one private office.
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- 1 Private Office
- Fully Built-Out as Standard Office
- Fits 6 - 36 People
- 1 Conference Room
5 private offices, conference room and kitchenette
- Rate includes utilities, building services and property expenses
- Fits 4 - 13 People
- 1 Conference Room
- Fully Built-Out as Professional Services Office
- 5 Private Offices
- Space is in Excellent Condition
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 100B | 2,261 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $33,915 /YR $2,826 /MO | Retail | Partial Build-Out | Now |
| 1st Floor, Ste 150 | 1,109-4,799 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $71,985 /YR $5,999 /MO | Retail | Shell Space | Now |
| 2nd Floor, Ste 200 | 1,035 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $15,525 /YR $1,294 /MO | Office | - | Now |
| 2nd Floor, Ste 201 | 1,162 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $17,430 /YR $1,453 /MO | Office | Full Build-Out | 30 Days |
| 2nd Floor, Ste 202 | 1,668 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $25,020 /YR $2,085 /MO | Office | Full Build-Out | Now |
| 2nd Floor, Ste 204 | 2,810 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $42,150 /YR $3,513 /MO | Office | - | Now |
| 2nd Floor, Ste 206 | 3,297 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $49,455 /YR $4,121 /MO | Office | Full Build-Out | Now |
| 3rd Floor, Ste 301 | 4,516 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $67,740 /YR $5,645 /MO | Office | Partial Build-Out | 30 Days |
| 3rd Floor, Ste 321 | 2,233-4,467 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $67,005 /YR $5,584 /MO | Office | Full Build-Out | Now |
| 4th Floor, Ste 402 | 1,509 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $22,635 /YR $1,886 /MO | Office | Full Build-Out | Now |
1st Floor, Ste 100B
| Size |
| 2,261 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $33,915 /YR $2,826 /MO |
| Space Use |
| Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor, Ste 150
| Size |
| 1,109-4,799 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $71,985 /YR $5,999 /MO |
| Space Use |
| Retail |
| Build-Out |
| Shell Space |
| Available |
| Now |
2nd Floor, Ste 200
| Size |
| 1,035 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $15,525 /YR $1,294 /MO |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor, Ste 201
| Size |
| 1,162 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $17,430 /YR $1,453 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor, Ste 202
| Size |
| 1,668 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $25,020 /YR $2,085 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor, Ste 204
| Size |
| 2,810 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $42,150 /YR $3,513 /MO |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor, Ste 206
| Size |
| 3,297 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $49,455 /YR $4,121 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Floor, Ste 301
| Size |
| 4,516 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $67,740 /YR $5,645 /MO |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| 30 Days |
3rd Floor, Ste 321
| Size |
| 2,233-4,467 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $67,005 /YR $5,584 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Floor, Ste 402
| Size |
| 1,509 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 /SF/YR $1.25 /SF/MO $22,635 /YR $1,886 /MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 100B
| Size | 2,261 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Retail |
| Build-Out | Partial Build-Out |
| Available | Now |
Suite 100B offers ±2,261 RSF of high-visibility retail or restaurant space along NW 3rd Avenue—one of Old Town’s most vibrant nightlife stretches. Formerly home to the iconic Hobo’s Bar & Restaurant, the space features direct street access, exposed brick, historic details, and excellent evening foot traffic. With its open layout and strong architectural character, Suite 100B is ideal for retail concepts, cafés, cocktail bars, tasting rooms, or experiential tenants looking to anchor themselves in a historic Portland landmark. Positioned steps from the Skidmore Fountain MAX Station, local restaurants, entertainment venues, and Old Town’s growing creative community, this location offers exceptional visibility and energy. Perfect for operators seeking authentic Portland charm, strong street presence, and immediate access to the district’s bustling nightlife and visitor traffic. - Former Hobo’s Bar & Restaurant with existing restaurant infrastructure - Direct storefront exposure along NW 3rd Avenue, one of Old Town’s most active nightlife corridors - Strong evening and weekend foot traffic driven by bars, clubs, restaurants, and entertainment venues - High ceilings, exposed brick, and historic architectural character - Flexible layout for retail, café, bar, tasting room, or experiential concepts - Close proximity to Skidmore Fountain MAX Station and major bus lines - Excellent opportunity for brands seeking high visibility and authentic Portland character - Space is ready for tenant improvements; historic charm intact
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Recessed Lighting
- After Hours HVAC Available
- Fits 13 - 40 People
- Hardwood Floors
- Former Hobo’s Bar with existing restaurant layout
- Retail/restaurant space on active NW 3rd Ave
- Prime nightlife corridor location
- High evening and weekend foot traffic
- Direct street access with strong visibility
- Exposed brick and historic character
1st Floor, Ste 150
| Size | 1,109-4,799 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Retail |
| Build-Out | Shell Space |
| Available | Now |
• Retail frontage • Restrooms in suite • Direct street access • Demisable to smaller suites
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
2nd Floor, Ste 200
| Size | 1,035 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Mix of open area and two private offices, large windows
- Rate includes utilities, building services and property expenses
- Fits 3 - 9 People
- 2 Private Offices
2nd Floor, Ste 201
| Size | 1,162 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Three private offices, large windows
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 3 - 10 People
- 2 Private Offices
- 1 Conference Room
- Natural Light
2nd Floor, Ste 202
| Size | 1,668 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Mostly open area with reception area
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 14 People
- 1 Private Office
2nd Floor, Ste 204
| Size | 2,810 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fits 8 - 23 People
- Corner Space
- Natural Light
2nd Floor, Ste 206
| Size | 3,297 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Fits 9 - 27 People
- Space is in Excellent Condition
3rd Floor, Ste 301
| Size | 4,516 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | 30 Days |
Mostly open floor plan, high ceilings, 2nd-gen photography studio
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 12 - 37 People
3rd Floor, Ste 321
| Size | 2,233-4,467 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
This space features a large open creative office opportunity with exposed bricks, skylights, large windows, and one private office.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 6 - 36 People
- 1 Private Office
- 1 Conference Room
4th Floor, Ste 402
| Size | 1,509 SF |
| Term | Negotiable |
| Rental Rate | $15.00 /SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
5 private offices, conference room and kitchenette
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Fits 4 - 13 People
- 5 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
Property Overview
History Reclaimed. Creativity Reignited. Built in 1880 and steeped in Victorian Italianate character, the Merchant Hotel is more than a building—it’s a landmark of Portland’s Old Town and one of the city’s most authentic historic commercial properties. With its cast-iron façades, exposed brick, soaring ceilings, and dramatic architectural details, this National Register gem has been revitalized as a hub for creative office, boutique retail, studio users, and innovative makers. Now under new ownership by the iconic Old Town Pizza—a Portland institution since 1974—the Merchant Hotel is entering a new era. The vision is bold: a thriving ecosystem of creative companies, production studios, design firms, retail concepts, and community-focused brands. The history remains intact, but the energy is accelerating. Recent upgrades include: Full seismic retrofit Tenant lounge + kitchen Shared conference room Secure bike storage Fiber connectivity Positioned at the gateway of the Pearl District, Downtown Portland, and the Central Eastside, the Merchant Hotel offers unmatched access to local amenities, public transit, restaurants, cafes, galleries, nightlife, and the TriMet MAX line. Whether you're a creative startup, nonprofit, design studio, production team, or boutique retailer, this is a rare opportunity to lease space in a building that defines Portland authenticity, character, and culture. creative office Portland, exposed brick office Portland, historic office Portland, retail storefront Old Town, studio space for lease Portland, brick-and-timber office Portland, production studio Portland, Pearl District office space, Portland boutique retail space, Portland creative workspace, Old Town Chinatown retail, Portland small office for lease, Portland flexible workspace, Portland maker space, Portland design studio space.
- Bus Line
- Courtyard
- Signage
Property Facts
Contact the Leasing Agent
Merchant Hotel | 222-228 NW Davis