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Historic Creative Office Flex Building
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107 SE Washington St, Portland, OR 97214

Historic 1920 building updated in 2008 with new HVAC and lighting plus on-site parking for immediate lease.

Property Size871 SF
Days on Market202

Property Features for 107 SE Washington St

General Information

Standard status Active
Size 871 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Space Use Creative Office
Available From Immediate

Additional Details

Public Transit Yes

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
light-filled interior courtyards

Building Details

Year Built 1920
Year Renovated 2008
Stories 7
Construction industrial
Listing Agency: Capacity Commercial Group
Listed By: Michelle Rozakis · License #200403266
Source: Moodyscre
Added: Jan 12 Changed: Jul 29 Last Checked: Aug 1 at 2:44PM

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.

This historic 1920 creative office, tech, and flex building was fully updated in 2008 with modern mechanical, structural, and technological standards. The property offers a configuration of seven floors above a basement with on-site parking, alongside design and finish elements that include preserved original beams and industrial hardware, re-milled hardwoods, polished concrete floors, light-filled interior courtyards, and 14' to 16' ceilings. Building improvements include a rooftop deck, new HVAC, and updated lighting.

The building provides multiple on-site amenities, including bicycle storage, a fitness center with shower facilities, furnished common areas, shared conference rooms, common-area Wi-Fi, an on-site restaurant, and a shared kitchen. On-site management and growth-ready incubator space are also available, along with a rooftop patio with downtown Portland views.

Located at 107 SE Washington St, the property is within walking distance of multiple bars, cafes, and restaurants, and is about two blocks to the Portland Streetcar A Loop.

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
  • Building features preserved original beams and industrial finishes, re‑milled hardwoods, and polished concrete floors

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

NNN (Triple Net)
Lease Type
$4.20 /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

$18.37 /SF/Yr
Avg Asking Price
$12–$26 /SF/Yr
Price Range
21,894 SF
Avg Space Size

This space is priced 52% above the average of $18.37 /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?
Office building - Historic 1920 building updated in 2008 with new HVAC and lighting plus on-site parking for immediate lease.
Where is this office building located?
The property is located at 107 SE Washington St Portland, OR.
What is the lease rate?
The lease rate is $28 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; Building features preserved original beams and industrial finishes, re‑milled hardwoods, and polished concrete floors
(503) 222-0755 Call to check price and availability
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