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222-228 NW Davis
Portland, OR 97209 Old Town-Chinatown

$15.00 USD/SF/YR

Office For Lease  •  1,035+ SF

Property Details

  • Property Type Office
  • Year Built 1880
  • Total Building Size 60,000 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning CXDS
100 Transit Score
100 Walk Score

10 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 100B Retail 2,261 SF $15.00 USD/SF/YR 
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

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Retail
  • Space Type: Relet
1st Floor Ste 150 Retail 1,109-4,799 SF $15.00 USD/SF/YR 
• Retail frontage
• Restrooms in suite
• Direct street access
• Demisable to smaller suites

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
2nd Floor Ste 200 Office 1,035 SF $15.00 USD/SF/YR 
Mix of open area and two private offices, large windows

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet
2nd Floor Ste 201 Office 1,162 SF $15.00 USD/SF/YR 
Three private offices, large windows

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Built out as: Standard Office
  • Space Type: Relet
2nd Floor Ste 202 Office 1,668 SF $15.00 USD/SF/YR 
Mostly open area with reception area

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Built out as: Standard Office
  • Space Type: Relet
2nd Floor Ste 204 Office 2,810 SF $15.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet
2nd Floor Ste 206 Office 3,297 SF $15.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste 301 Office 4,516 SF $15.00 USD/SF/YR 
Mostly open floor plan, high ceilings, 2nd-gen photography studio

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Built out as: Professional Services
  • Space Type: Relet
3rd Floor Ste 321 Office 2,233-4,467 SF $15.00 USD/SF/YR 
This space features a large open creative office opportunity with exposed bricks, skylights, large windows, and one private office.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Built out as: Standard Office
  • Space Type: Relet
4th Floor Ste 402 Office 1,509 SF $15.00 USD/SF/YR 
5 private offices, conference room and kitchenette

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Built out as: Professional Services
  • Space Type: Relet

Description 

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.

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Highlights

Full seismic upgrade and secure 24/7 access
Central open-air courtyard with historic architecture
On-site restaurant, café, and specialty market
Exposed brick, wood floors, and vintage character
New tenant lounge, kitchen, and shared meeting room
Oversized operable windows and excellent natural light

Property Flyers

Amenities

  • Bus Line
  • Courtyard
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
3 min 9 min 0.4 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 18 min - 8.5 mi
AirportDriveWalkDistance
Portland International 21 min - 11.8 mi
Dan Ostrander 646-872-8766 Apex Real Estate Partners
Dan Ostrander 646-872-8766 Apex Real Estate Partners