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Mercy Corps Building 45 SW Ankeny St 83,032 SF Office Building Portland, OR 97204 $13,950,000 ($168.01/SF)

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Investment Highlights

LEED Platinum building
Opportunistic pricing

Full-building signage along Portland's waterfront

Executive Summary

The Mercy Corps Building is a landmark property that seamlessly blends historic preservation with modern sustainability. Originally constructed in 1892 as the Packer-Scott Building, this 83,032 SF asset underwent a transformative renovation and expansion in 2009. The project restored the original 43,000 square foot structure and added a contemporary 40,000 square foot wing, resulting in a unified, high-performance facility.
Achieving LEED Platinum certification from the U.S. Green Building Council, the building incorporates advanced sustainable features, including a green roof, solar array, operable windows, and a central atrium that functions as a natural ventilation stack. The design emphasizes open, collaborative workspaces with abundant natural light and panoramic views of the Willamette River and Mt. Hood. Ground-level amenities include community meeting rooms and retail space.
This offering presents a rare opportunity to acquire a distinguished, sustainably designed building that embodies architectural excellence and community integration.

45 SW Ankeny OM_compressed

MC Floorplans

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

83,032 SF

Building Class

Year Built/Renovated

1891/2009

Price

$13,950,000

Price Per SF

$168.01

Tenancy

Single

Building Height

5 Stories

Typical Floor Size

20,758 SF

Building FAR

2.89

Lot Size

0.66 AC

Opportunity Zone

Yes

Zoning

CX - The CX zone is a high density commercial zone intended for development within Portland's most urban and intense areas.

Atrium
Signage

Wheelchair Accessible
Reception

Air Conditioning

Balcony

Platinum

LEED certification is a globally recognized symbol of sustainability achievement.

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)