Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    617-635 SW Morrison St Portland, OR 97214

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr

    Prime location, modernized, and Fitwell & EnergyStar certified office building.

    Property size:
    185,000 SF
    Lot size:
    0.34 Acres

    Property Features for 617-635 SW Morrison St

    General Information

    Size
    185,000 SF
    Lot size
    0.34 Acres

    Source: Kidder Mathews Agent Carter Mcfarland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Office Building in Portland

    The American Bank Building, a historic office building with 185,000 square feet, is situated across Pioneer Square. It offers convenient transit options, including the TriMed MAX line and the Nike Bike Town Bicycle program. The building has undergone substantial modernization with nearly $10 million invested in capital upgrades. Renovations include amenities such as fitness and bike storage facilities, lobbies, elevators, restrooms, a new roof, fire/life safety, and upgraded HVAC systems. The building is Fitwell and EnergyStar certified. It is poised to welcome new food and service vendors to join its existing retailers and further activate its amenity base on the ground floor.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Pharmacy Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6590262
    Latitude
    45.5174738

    Nearby Similar for Lease

    • Contact for pricing

      Move-in Ready Medical Office Space

      Spacious medical office with modern finishes and ample parking.
      10202 East Burnside St, Portland, OR 97216
      View Details
    • $17 SF/Yr
      9,668 SF

      Prime Retail Space Downtown Portland

      Rare retail opportunity near hotels and upcoming public market.
      800 SW Washington St, Portland, OR 97205
      View Details
    • $24 SF/Yr
      5,000 SF

      Prime Retail Opportunity on Hawthorne

      Two retail suites available in a vibrant Portland location.
      3321 SE Hawthorne Blvd, Portland, OR 97214
      View Details
    • $30 SF/Yr
      7,748 SF

      Class A Office Space Available

      Premier office space in mixed-use building, central business district.
      710-760 SW 9Th Ave, Portland, OR 97205
      View Details
    • Contact for pricing

      Central Eastside Industrial Warehouse Space

      Warehouse/manufacturing space in Portland's Central Eastside Industrial District.
      1701 SE Water Ave, Portland, OR 97214
      View Details
    • Contact for pricing

      Portland Creative Space with Flex

      Modern creative space with flex area in vibrant Portland neighborhood.
      541 NE 20Th Ave, Portland, OR 97232
      View Details

    FAQs

    What type of property is this?
    Office building - Prime location, modernized, and Fitwell & EnergyStar certified office building.
    Where is this office building located?
    The property is located at 617-635 SW Morrison St Portland, OR.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location across from Pioneer Square.; - Substantial modernization with nearly $10M in capital upgrades.; - Fitwell and EnergyStar certified building.
    (503) 449-0592
    Request Owner's contact information
    617-635 SW Morrison St Portland, OR 97214
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    617-635 SW Morrison St
    Portland, OR 97214
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    617-635 SW Morrison St Portland, OR 97214
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.