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514-518 SW Sixth Ave
Portland, OR 97204 Park Blocks

$5,000 USD/MO

Office For Lease  •  5,000+ SF

Property Details

  • Property Type Office
  • Year Built 1903
  • Total Building Size 25,000 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning C1, Portland
100 Transit Score
100 Walk Score

5 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 100 Office 5,000 SF $12.00 USD/SF/YR
  • Date available: Sep 2026
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet
2nd Floor Ste 200 Office 5,000 SF $12.00 USD/SF/YR
  • Date available: Sep 2026
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet
3rd Floor Ste 300 Office 5,000 SF $12.00 USD/SF/YR
  • Date available: Sep 2026
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet
4th Floor Ste Office 5,000 SF $12.00 USD/SF/YR
  • Date available: Sep 2026
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet
5th Floor Ste Office 5,000 SF $12.00 USD/SF/YR
  • Date available: Sep 2026
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet

Description

±25,000 SF Multi-Story Office Building
Available as Entire Building or Individual Floors (±5,000 SF each)

Building Overview
This five-story building delivers approximately 25,000 rentable square feet, with each floor offering roughly 5,000 SF of flexible office space. The property can be leased in its entirety or on a floor-by-floor basis, providing excellent scalability for growing organizations or multi-tenant configurations.
Interiors feature a clean, contemporary office environment with a mix of open floor plates and private offices framed by glass demising walls. Many spaces benefit from abundant natural light, exposed brick accents, and functional support areas including kitchens, break rooms, and restrooms. The building’s efficient layouts and classic downtown character make it well-suited for professional services, creative firms, nonprofits, and other office users seeking a central Portland address.

Key Features
Flexible leasing: Full building (±25,000 SF) or individual floors (±5,000 SF)
Open-plan and private office configurations
Natural light and views of the surrounding urban core
Exposed brick and modern finishes
On-floor kitchens / break areas and restrooms
Elevator and stair access
Strong street presence on SW 6th Avenue with high pedestrian visibility

Positioned within Portland’s urban core, this property offers a strategic foothold despite broader market shifts. Downtown pedestrian activity totaled more than 32 million visitors in 2025, reflecting a 5.5% year-over-year increase and a sustained recovery trend.
Premier Foot Traffic & Amenity Hub
One block from Pioneer Courthouse Square, the asset benefits from direct proximity to downtown Portland’s primary pedestrian and event hub. The square draws 10 million visitors annually, averages 26,000 passersby daily, and hosts 300+ events per year, contributing to exceptional visibility and a consistently vibrant tenant environment.
Enhanced Walkability Value
The surrounding blocks feature distinctive red brick sidewalks and a highly walkable streetscape supported by a dense mix of retail, dining, hospitality, and transit. This amenity-rich environment enhances day-to-day tenant experience while supporting long-term demand from businesses that value accessibility, employee satisfaction, and urban convenience.

Availability
Entire building or individual floors available for lease.
For additional information, floor plans, or to schedule a tour, please contact the listing team.

Highlights

Flexible leasing: Full building (±25,000 SF) or individual floors (±5,000 SF)
Open-plan and private office configurations
Natural light and views of the surrounding urban core
On-floor kitchens / break areas and restrooms
Exposed brick and modern finishes
Strong street presence on SW 6th Avenue with high pedestrian visibility

Amenities

  • Wheelchair Accessible

Public Transportation

Commuter RailDriveWalkDistance
3 min 12 min 0.6 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 16 min - 8.1 mi
Transit/SubwayDriveWalkDistance
SW 5th & Oak (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), Portland Vintage Trolley - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 3 min 0.1 mi
Mall/SW 5th (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 3 min 0.2 mi
Pioneer Square North (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 3 min 0.2 mi
Pioneer Place/SW 5th (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), Portland Vintage Trolley - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 3 min 0.2 mi
Pioneer Square South (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 4 min 0.2 mi
AirportDriveWalkDistance
Portland International 22 min - 12.5 mi
Russell Petrusha 503-422-5970 Russell Realty & Associates Llc
Russell Petrusha 503-422-5970 Russell Realty & Associates Llc