Wachsmuth Block 36-50 SW 3rd Ave 2,265 SF of Retail Space Available in Portland, OR 97204

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 2,265 SF
  • Negotiable
  • $32.00 /SF/YR
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Living, Working, and Walking: The Vibrant Pulse of Portland’s Waterfront at 50 SW 3rd Avenue 50 SW 3rd Ave in Portland, OR 97204 offers a prime leasing opportunity for restaurateurs with a fully equipped, turnkey restaurant space that’s ready for immediate use. Located in the heart of downtown Portland's vibrant waterfront area, the property benefits from high foot traffic, with downtown seeing a 3% increase in visitors in 2024. The surrounding area features a mix of commercial and residential properties, including creative office spaces and upscale living options, making it an ideal spot for both business and residential growth. With its dynamic environment and proximity to dining, retail, and cultural venues, this location provides a perfect launchpad for your restaurant business.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor 2,265 SF Negotiable $32.00 /SF/YR Triple Net (NNN)

1st Floor

Size
2,265 SF
Term
Negotiable
Rental Rate
$32.00 /SF/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Living, Working, and Walking: The Vibrant Pulse of Portland’s Waterfront at 50 SW 3rd Avenue 50 SW 3rd Ave in Portland, OR 97204 offers a prime leasing opportunity for restaurateurs with a fully equipped, turnkey restaurant space that’s ready for immediate use. Located in the heart of downtown Portland's vibrant waterfront area, the property benefits from high foot traffic, with downtown seeing a 3% increase in visitors in 2024. The surrounding area features a mix of commercial and residential properties, including creative office spaces and upscale living options, making it an ideal spot for both business and residential growth. With its dynamic environment and proximity to dining, retail, and cultural venues, this location provides a perfect launchpad for your restaurant business.

  • Lease rate does not include utilities, property expenses or building services

SELECT TENANTS AT WACHSMUTH BLOCK

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • District
  • Public Administration
  • 1
  • -
  • Fuse
  • Restaurant
  • 1
  • Local
  • Fuse Bar
  • Cocktail Bar
  • 1
  • -
  • Kaizen Sushi
  • Restaurant
  • 1
  • -
  • Koi Fusion
  • Restaurant
  • 1
  • -
  • Sky Club
  • Restaurant
  • 1
  • -
TENANT DESCRIPTION US LOCATIONS REACH
District Public Administration 1 -
Fuse Restaurant 1 Local
Fuse Bar Cocktail Bar 1 -
Kaizen Sushi Restaurant 1 -
Koi Fusion Restaurant 1 -
Sky Club Restaurant 1 -

PROPERTY FACTS

Total Space Available 2,265 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 6,650 SF
Year Built 1890
Cross Streets sw ash street

FEATURES AND AMENITIES

  • Bus Line
  • Signage
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (94)
Bike Score®
Biker's Paradise (99)

NEARBY MAJOR RETAILERS

Silicon Valley Bank
U.S. Bank
WaFd Bank
Buffalo Wild Wings
Perfect Pizza
Starbucks
Pete's Market
Safeway
Banner Bank
Bank of America Mortgage
  • Listing ID: 35192281

  • Date on Market: 3/19/2025

  • Last Updated:

  • Address: 36-50 SW 3rd Ave, Portland, OR 97204