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    240 SE Clay St Portland, OR 97201

    For Lease
    Contact for pricing

    Move-in ready office space with flexible terms and great amenities.

    Property size:
    16,179 SF
    Lot size:
    0.92 Acres

    Property Features for 240 SE Clay St

    General Information

    Size
    16,179 SF
    Lot size
    0.92 Acres

    Source: JLL | Portland Agent Craig Reinhart

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

    Overview

    Creative Office Space with Amenities

    This property offers 16,179 square feet of move-in ready space, suitable for tech and other high-growth companies seeking creative office environments. The space is available in full or partial configurations, offering flexible lease terms through May 2023, with possibilities for longer durations. On-site parking is available, and the location provides convenient access to public transportation, situated two blocks from the streetcar and five blocks from the MAX. The property includes a shared outdoor deck with city views, a new and fully updated kitchen, and a fitness center on site.
    Location Intelligence

    Current Use by Public Records

    Clay Creative Corporate Office Portland Flea // SE ... Flea Market

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6633199
    Latitude
    45.5111742

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    FAQs

    What type of property is this?
    Office space - Move-in ready office space with flexible terms and great amenities.
    Where is this office space located?
    The property is located at 240 SE Clay St Portland, OR.
    What are key features of this property?
    This property features: - 16,179 SF of move-in ready space, ideal for tech and high-growth companies.; - Enjoy the shared outdoor deck with sweeping city views.; - New, fully updated kitchen.
    (503) 781-1655
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    Portland, OR 97201
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    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
    240 SE Clay St Portland, OR 97201
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