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Alderway Building 705-711 SW Alder St 46,318 SF 5% Leased Office Building Portland, OR 97205 For Sale
EXECUTIVE SUMMARY
The historic Alderway building at 705–711 SW Alder Street in downtown Portland presents an exceptional owner-user opportunity, offering creative office and retail space ranging from approximately to occupy 10,000 (full floor) to 35,000 SF. With efficient floor plates, exposed ceilings, large windows, and the possibility to build out a rooftop terrace, brand new lobby renovation this property combines character and flexibility in a central location adjacent to Pioneer Square and steps from the future James Beard Public Market, West-end location, 1.5 blocks from the new Ritz Carlton. Professionally managed by a Portland-based owner, Alderway features bicycle parking, on-site showers, guaranteed nearby parking, and 24/7 secured entry, making it an ideal choice for businesses seeking a vibrant, amenity-rich environment in the heart of the city.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
46,318 SF
Building Class
A
Year Built
1929
Percent Leased
5%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
11,580 SF
Building FAR
4.62
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CX - Base – CX- Central Commercial
Overlay – d- Design (CX-d)
Plan District – CC-Central City
AMENITIES
- Bus Line
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste A
- 977 SF
- Retail
- Full Build-Out
- Now
- 1st Fl-Ste B
- 1,393 SF
- Retail
- Full Build-Out
- Now
- 1st Fl-Ste C
- 3,428 SF
- Retail
- Full Build-Out
- Now
- 1st Fl-Ste D
- 3,327 SF
- Retail
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste A | 977 SF | Retail | Full Build-Out | Now |
| 1st Fl-Ste B | 1,393 SF | Retail | Full Build-Out | Now |
| 1st Fl-Ste C | 3,428 SF | Retail | Full Build-Out | Now |
| 1st Fl-Ste D | 3,327 SF | Retail | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 6,000-10,557 SF | Office/Retail | Partial Build-Out | Now |
| Mezzanine-Ste Penthouse | 2,623 SF | Office | Partial Build-Out | Now |
| 3rd Fl-Ste 300 | 6,000-10,149 SF | Office | Shell Space | Now |
| 4th Fl-Ste 400 | 6,000-11,642 SF | Office | Full Build-Out | Now |
1st Fl-Ste A
| Size |
| 977 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste B
| Size |
| 1,393 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste C
| Size |
| 3,428 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste D
| Size |
| 3,327 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 6,000-10,557 SF |
| Space Use |
| Office/Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Mezzanine-Ste Penthouse
| Size |
| 2,623 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 300
| Size |
| 6,000-10,149 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
4th Fl-Ste 400
| Size |
| 6,000-11,642 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 6,000-10,557 SF |
| Space Use | Office/Retail |
| Condition | Partial Build-Out |
| Available | Now |
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Mezzanine-Ste Penthouse
| Size | 2,623 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Fl-Ste 300
| Size | 6,000-10,149 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
4th Fl-Ste 400
| Size | 6,000-11,642 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (94)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | R246447 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,594,510 |
PROPERTY TAXES
Parcel Number
R246447
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,594,510
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Alderway Building | 705-711 SW Alder St
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