This place was recommended by a friend of mine who lives in Portland. I was looking for a hotel which is not too expensive yet centrally located and comfortable. I went to their website and after 5 minutes of exploring it I have booked room the decision I have never regretted.
McMenamins operates small chain of hotels located in NW of USA, all of them used to be some historical buildings in the past, so the acquire them, refurbish with minimal changes to the interior and exterior and open them for general public. This one used to be an elementary school which operated from 1915 until 1975.
There was a proper blackboard in our room with chalk and piece of cloth - they did not put it there, it was there from the very beginning, so after refurbishment they just left it. Room was large with all modern amenities, yet with some features of the interior which reminded those not too distant school years.
There are several bars on site (the Boiler room was our favourite) with amazing locally brewed beer (microbrews), cinema and soaking pool with salt water outside which is opened for the guests for a little bit longer than for general public. Connection to the downtown is easy both by public transport and by car. Breakfast was not included in the room price, but we did not mind paying extra, so wonderful it was.
Accommodation cost is very competitive, we paid around USD 100 per night in the middle of July which is a busy season in North West.
So if you plan to visit Portland I recommend to stay in this hotel.