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Creative Office and Retail Building
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107 SE Washington St, Portland, OR 97214

Historic 1920 building updated in 2008 with preserved industrial character, 14–16 ceilings, courtyards, and rooftop deck.

Property Size217 SF
Days on Market61

Property Features for 107 SE Washington St

General Information

Standard status Active
Size 217 SF
Property subtype OFFICE

Additional Details

Clear Height 16 ft

Amenities

on-site parking
bicycle storage
fitness center with shower facilities
furnished common areas
shared conference rooms
rooftop patio with downtown Portland views
common area wifi
on-site restaurant
shared kitchen
on-site management
growth-ready incubator space

Building Details

Year Built 1920
Year Renovated 2008
Stories 7
Listing Agency: Capacity Commercial Group
Listed By: Michelle Rozakis · License #200403266
Source: Moodyscre
Added: Jun 3 Changed: Jul 25 Last Checked: Aug 2 at 12:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

Historic 1920 mixed-use building offering creative office, tech/flex, and retail space for immediate lease. The property was fully updated in 2008 with modern mechanical, structural, and technological standards, while preserving original beams and industrial finishes. Interior highlights include re-milled hardwoods, polished concrete floors, and light-filled interior courtyards, with ceiling heights listed at 14'–16'. The building also includes a rooftop deck and new HVAC and lighting.

The building provides multiple amenities intended to support day-to-day operations, including on-site parking, bicycle storage, a fitness center with shower facilities, furnished common areas, and shared conference rooms. Additional shared features include common area Wi-Fi, an on-site restaurant, a shared kitchen, and on-site management with growth-ready incubator space.

With seven floors above an SF basement and parking on site, the property is designed to accommodate a variety of flexible workspace configurations within a single updated historic structure.

Key Highlights

  • Historic 1920 building updated in 2008 with modern mechanical, structural, and technological standards
  • Creative office/tech/flex and retail space available for immediate lease at Olympic Mills Commerce Center
  • 7 floors plus SF basement with parking; features preserved original beams and industrial finishes

Property Analytics

Current Use

Larry J Cavender, ... General Contractor Gunnar Olson - State ... Insurance Agency Ecochallenge.org Charitable Organization Collaborative Business Solutions, ... Accounting Firm Graphic Lime Creative Industrial Manufacturer

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,151
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Lease Benchmarks for Portland, OR

$17.65 /SF/Yr
Avg Asking Price
$1.23–$32 /SF/Yr
Price Range
79,008 SF
Avg Space Size

This space is priced 25% above the average of $17.65 /SF/Yr.

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Historic 1920 building updated in 2008 with preserved industrial character, 14–16 ceilings, courtyards, and rooftop deck.
Where is this creative space located?
The property is located at 107 SE Washington St Portland, OR.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Historic 1920 building updated in 2008 with modern mechanical, structural, and technological standards; Creative office/tech/flex and retail space available for immediate lease at Olympic Mills Commerce Center; 7 floors plus SF basement with parking; features preserved original beams and industrial finishes
(503) 222-0755 Call to check price and availability
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