Listed by Commercial Integrity NW
$4,300,000
The Pythian
Details
Property Type Mixed Use, Retail
Sub Type Storefront
Square Footage 44,000
Units 8
Price per SqFt $97
Lot Size (SqFt) 10,000
Zoning c1
Ground Lease No
Mixed Use | 44,000 SqFt
Marketing description
The Pythian Building at 918 SW Yamhill St in Portland is a rare opportunity to own a piece of the city’s history. Built in 1907 as a Masonic lodge, it features beautiful architecture, high ceilings, large windows, and flexible floor plans.
Its central downtown location offers excellent access to public transit, nearby parks, shopping, and dining.
The building includes the Adrianna Hill Grand Ballroom, a well-known venue for events and weddings. With its historic charm and prime location, the Pythian is a strong, long-term investment in Portland’s commercial core.
Investment highlights
Investment Highlights:
- Prime Downtown Location: Situated in the heart of Portland’s retail core, just steps from Pioneer Courthouse Square (“Portland’s Living Room”), one of the city’s most visited public spaces.
- Exceptional Foot Traffic: Surrounded by popular shopping, dining, and entertainment destinations, with strong daily pedestrian activity from residents, office workers, tourists, and transit riders.
- Transit-Oriented Access: Directly served by MAX Light Rail and Portland Streetcar lines, providing unparalleled connectivity to the broader metro area.
- Strong Urban Demographics: Dense surrounding population of young professionals, office employees, and visitors, supporting consistent demand for retail, dining, and lifestyle services.
- Visibility & Exposure: Located along SW Yamhill, a high-profile corridor with heavy pedestrian and vehicular traffic, ensuring maximum tenant visibility.
- Proximity to Anchors: Neighboring national retailers, boutique shops, hotels, cultural venues, and offices create strong synergy and a built-in customer base.
- Stable Investment Environment: Portland’s downtown core remains a long-term hub for commerce, tourism, and culture, offering durable demand fundamentals for tenants and investors alike.
Listing Contacts
Listed by Commercial Integrity NW
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