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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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
83,032 SF
Building Class
A
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.

AMENITIES

  • Atrium
  • Signage
  • Wheelchair Accessible
  • Reception
  • Air Conditioning
  • Balcony
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (94)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35634981

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 45 SW Ankeny St, Portland, OR 97204

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