Skip to main content

Vacant-User

Sinnott House

105 NW 3rd Ave, Portland, OR 97209

Listing Price: $1,890,000

Cap Rate
1.00%
Rentable SF
13,278
Lot Size
0.22 acres
Year Built
1883

Investment Overview

Marcus & Millichap has been exclusively chosen to market the Sinnott House a distinctive historic asset located at 105 NW 3rd Avenue in Portland’s Old Town/Chinatown district. Constructed in 1883, this 13,278-square-foot building sits on a 0.22-acre, two-parcel site and features an authentic historic façade that reflects Portland’s early commercial character. The retail, base level was upgraded in the 1970s to accommodate the popular Couch Street Fish House, which operated successfully at the property for several decades. Since then, the ground floor has evolved into an entertainment destination, operating as a music venue and piano bar, while the attached outdoor area has functioned as both an event space and parking. Extensive additional upgrades were completed in 2004/05, 2010, and 2020, including improvements to plumbing, electrical, flooring, equipment, and fixtures, with outdoor decks added after 2012.

Positioned along a busy downtown corridor, the property benefits from strong visibility, heavy foot traffic, and immediate access to public transportation and nearby amenities. Surrounded by a dynamic mix of retail, residential, and office uses, the area attracts tourists, local residents, and downtown professionals alike. This combination of historic character, central location, and flexible, well-maintained improvements presents a compelling owner/user or long-term investment opportunity within one of Portland’s most culturally vibrant districts.

Investment Highlights

  • Situated on the corner of NW Couch St and NW 3rd Avenue, the property benefits from heavy foot traffic, strong street presence, and access to public transportation.
  • Major upgrades in 2004/05, 2010, and 2020 modernized plumbing, electrical, flooring, equipment, and fixtures. Outdoor decks added after 2012 enhance flexible ground-floor use.
  • The building's scale, layout, and historic charm suit an owner-user seeking a unique downtown presence, while investors can capitalize on its character and location for repositioning or long-term hold
  • The retail level was significantly upgraded in the 1970s for the long-running Couch Street Fish House and has since operated successfully as a music venue and piano bar. An attached outdoor area has further enhanced the property's versatility as an event space or parking.

Exclusively Listed By

Financing By

Vacant-User

Sinnott House

Listing Price: $1,890,000

Cap Rate
1.00%
Rentable SF
13,278
Lot Size
0.22 acres
Year Built
1883

Investment Highlights

  • Situated on the corner of NW Couch St and NW 3rd Avenue, the property benefits from heavy foot traffic, strong street presence, and access to public transportation.
  • Major upgrades in 2004/05, 2010, and 2020 modernized plumbing, electrical, flooring, equipment, and fixtures. Outdoor decks added after 2012 enhance flexible ground-floor use.
  • The building's scale, layout, and historic charm suit an owner-user seeking a unique downtown presence, while investors can capitalize on its character and location for repositioning or long-term hold
  • The retail level was significantly upgraded in the 1970s for the long-running Couch Street Fish House and has since operated successfully as a music venue and piano bar. An attached outdoor area has further enhanced the property's versatility as an event space or parking.

Investment Overview

Marcus & Millichap has been exclusively chosen to market the Sinnott House a distinctive historic asset located at 105 NW 3rd Avenue in Portland’s Old Town/Chinatown district. Constructed in 1883, this 13,278-square-foot building sits on a 0.22-acre, two-parcel site and features an authentic historic façade that reflects Portland’s early commercial character. The retail, base level was upgraded in the 1970s to accommodate the popular Couch Street Fish House, which operated successfully at the property for several decades. Since then, the ground floor has evolved into an entertainment destination, operating as a music venue and piano bar, while the attached outdoor area has functioned as both an event space and parking. Extensive additional upgrades were completed in 2004/05, 2010, and 2020, including improvements to plumbing, electrical, flooring, equipment, and fixtures, with outdoor decks added after 2012. Positioned along a busy downtown corridor, the property benefits from strong visibility, heavy foot traffic, and immediate access to public transportation and nearby amenities. Surrounded by a dynamic mix of retail, residential, and office uses, the area attracts tourists, local residents, and downtown professionals alike. This combination of historic character, central location, and flexible, well-maintained improvements presents a compelling owner/user or long-term investment opportunity within one of Portland’s most culturally vibrant districts.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower