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Merchant Hotel Building

121 NW 2nd Ave, Portland, OR, US
Floors
4
Total Size
40,250 sqft
Year Constructed
1880
Building Class
A
Close Public Transit
MAX lines
Close To
University of Oregon - Portland, Oregon College of Oriental Medicine

Features

Common Bike Storage

Additional Features of Merchant Hotel Building

  • Conference facility

The Neighborhood: Old Town Chinatown

Most listings are in the $30's per square foot per year. The Old Town Chinatown region is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Greater Portland market, the Old Town Chinatown region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Median Rate Median Size
Old Town Chinatown $35
/sqft/yr
13,170
sqft
Median Rate Median Size
Greater Portland $30
/sqft/yr
2,340
sqft

Median Rate over Time in Old Town Chinatown