For Sale
For Sale
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Year Built
1925
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Overview
The landmark Bastian Building was originally constructed in 1925, but was seismically updated in 1988. Located in the gateway to the exciting new Broadway Corridor development, the Bastian Building presents a dynamic opportunity.
The property is well-known to the community as it has been home to Harvey’s Comedy Club for decades. It is located adjacent to the former Greyhound Station and Post Office site. The two developments represent over 16 acres of land, and over 5 million square feet of development. With the Opportunity Zone benefits, the property represents an excellent opportunity for an investor. With a 6:1 FAR and proximity to the most exciting development in Portland, the property could represent an unique covered land play with atypically high returns for a developer.
Download Offering Memorandum
Virtual Tour - Office Space
Virtual Tour - Office Space
Classic Portland building located in Old Town Portland, near Downtown and the Pearl District
Conveniently located near MAX stops and Trimet bus lines
Brick interior walls
Private access to common two-story atrium
Elevator served
Air conditioned
Off-street parking available
Recently upgraded mechanical and lobby finishes
Excellent access to downtown Portland, I-405 and I-5, Union Station Train Depot, Portland Streetcar, Broadway Bridge and Steel Bridge
Harvey’s Comedy Club (ground floor) has an A-3 Occupancy Rating
Property Details
For Sale > Bastian Building
The landmark Bastian Building was originally constructed in 1925, but was seismically updated in 1988. Located in the gateway to the exciting new Broadway Corridor development, the Bastian Building presents a dynamic opportunity.
The property is well-known to the community as it has been home to Harvey’s Comedy Club for decades. It is located adjacent to the former Greyhound Station and Post Office site. The two developments represent over 16 acres of land, and over 5 million square feet of development. With the Opportunity Zone benefits, the property represents an excellent opportunity for an investor. With a 6:1 FAR and proximity to the most exciting development in Portland, the property could represent an unique covered land play with atypically high returns for a developer.
Download Offering Memorandum
Virtual Tour - Office Space
Virtual Tour - Office Space
Classic Portland building located in Old Town Portland, near Downtown and the Pearl District
Conveniently located near MAX stops and Trimet bus lines
Brick interior walls
Private access to common two-story atrium
Elevator served
Air conditioned
Off-street parking available
Recently upgraded mechanical and lobby finishes
Excellent access to downtown Portland, I-405 and I-5, Union Station Train Depot, Portland Streetcar, Broadway Bridge and Steel Bridge
Harvey’s Comedy Club (ground floor) has an A-3 Occupancy Rating
- Property TypeOffice
- Submarket
- Year Built1925
- Total Acres0.63
- Number of Floors3
- Property ID2162418