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Renovated Industrial Building with Modern Workspaces
For Lease
Contact for pricing

226 SE Madison St, Portland, OR

Creative and industrial spaces available in Portland's Central Eastside.

Property Size4,460 SF
Lot Size0.90 Acres
Days on Market1285

Property Features for 226 SE Madison St

General Information

Standard status Active
Size 4,460 SF
Lot size 0.90 Acres
Property subtype OFFICE
Listing Agency: Apex Real Estate Partners
Listed By: Max Schlesinger
Source: Moodyscre
Added: Jan 25, 2023 Changed: Jul 6 Last Checked: Jul 21 at 6:52AM

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 Apex Real Estate Partners

Investment Insights

Based on property information with market context.

The Factor Building has undergone extensive renovation, transforming two industrial warehouses into a single building featuring modern workspaces. Located in Portland’s Central Eastside industrial district, this property offers an opportunity for a creative user to establish a presence in a rapidly changing neighborhood. Spaces range from innovative office environments to artist and industrial makerspaces. The Factor Building aims to foster a community where companies can collaborate and thrive. The property offers 4460 square feet of creative, office, flex, and industrial space.

Key Highlights

  • Modern workspaces in a newly renovated industrial building.
  • Opportunity to establish a presence in Portland’s central eastside industrial district.
  • Spaces suitable for office, artist, and industrial makerspace use.

Property Analytics

Current Use

Narwhal Nonprofit Consulting Law Firm PDX Pedicab Brewery, ... Travel Agency Maldon Meehan Irish ... Training Center The Factor Building Industrial Manufacturer Rational Unicorn Legal ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Veterinary Clinic Supermarket Mobile Phone Store

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

651
Businesses Nearby

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 9% below 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
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Frequently Asked Questions

What type of property is this?
Creative space - Creative and industrial spaces available in Portland's Central Eastside.
Where is this creative space located?
The property is located at 226 SE Madison St Portland, OR.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Modern workspaces in a newly renovated industrial building.; Opportunity to establish a presence in Portland’s central eastside industrial district.; Spaces suitable for office, artist, and industrial makerspace use.
(503) 407-9011 Call to check price and availability
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