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23747910
23747931

2181 NW Nicolai St, Portland, OR 97210 For Sale

BC
OR 940200224
Cushman & Wakefield - Portland, Oregon
Listed by Cushman & Wakefield - Portland, Oregon
$8,250,000
418 days on market
Updated 45 days ago

Schoolhouse Electric Building - 2181 NW Nicolai St

Details
Property Type Industrial
Sub Type Flex, R&D (+1)
Net Rentable (SqFt) 125,000
Year Built 1910
Year Renovated 2010
Buildings 1
Stories 5
Acreage 1.080
Zoning IH, Portland
Loading Docks 5
Dock High Doors 5

Iconic Schoolhouse Electric Building ±125,000 SF | NW Portland

Marketing description

**Contact broker for details regarding remaining lease term and availability.

Available FOR SALE or FOR LEASE

Cushman & Wakefield is proud to offer this exciting and culturally significant development in Portland’s real estate and design community.

The Schoolhouse Factory Building is a historic and architecturally iconic structure located at 2181 NW Nicolai Street. For years, this four-story, 125,000+ square foot building has served as the headquarters, showroom, and manufacturing facility for Schoolhouse Electric, one of Portland’s most beloved and nationally recognized design brands. With Schoolhouse transitioning out of the space, the building presents a rare opportunity for a new chapter in one of the city’s most storied locations.

Built in 1910 and designed by renowned architect John Virginius Bennes, the building is listed on the National Register of Historic Places as the Pacific Hardware & Steel Company Warehouse. It stands as a remarkable example of early 20th-century industrial architecture — thoughtfully restored to preserve its original character while supporting modern creative use.

Schoolhouse Electric, founded in 2003, has been a landmark trailblazer in American lighting and home goods. Their mission — to create new-generation heirlooms — has been deeply tied to this physical space, which has become emblematic of Portland’s design-forward, hands-on spirit. This transition marks both the end of an era and the beginning of a new opportunity for an entrepreneur, creative enterprise, or company that values the cultural and architectural legacy of Portland.

Contact us today for more details and to schedule a private tour of this unique property.

Investment highlights

  • 4 Floors + Basement (Approx. 25,000 SF each)

  • Combination of improved spaces, open creative / assembly areas & light manufacturing

  • Main floor boasts a high-end cafe adjoining high ceiling, old growth timber adorned showroom

  • Floors 2-4 feature recently Updated Period-Centric Office Buildout with City Views

  • All New Systems Throughout, 3 Service Elevators + Heavy 3-Phase throughout

  • Dock-High with Loading Ramp (5 Doors Total)

Listing Contacts

BC
OR 940200224
Cushman & Wakefield - Portland, Oregon
Listed by Cushman & Wakefield - Portland, Oregon

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Additional Information

Name
Brad Carnese
License
940200224
Brokerage
Cushman & Wakefield of Oregon
Title
Broker
Brokerage Address
200 Southwest Market Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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