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Remodeled Historic Building with Flex Space
For Lease
$17 SF/Yr

107 SE Washington St, Portland, OR 97214

Creative office, tech, flex, and retail spaces in Portland's Central Eastside.

Space Size725 SF - 8,470 SF
Property Size133,804 SF
Days on Market203

Property Features for 107 SE Washington St

General Information

Standard status Active
Size 725 SF - 8,470 SF
Class B
Property subtype Office
Lease Term MG; NNN

Building Details

Building Size 133,804 SF
Year Built 1920

Spaces For Lease

at 107 SE Washington St Contact us

Suite 300

Size
7,140 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 47

Size
3,084 SF
Type
Creative/Loft
Term
Negotiable
Rate
Contact for pricing
Contact us

Penthouse 7th & 8th $28/SF/Yr

Size
8,470 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 133 $19/SF/Yr

Size
857 SF
Type
Street Retail
Term
Negotiable
Contact us

Suite 136 $17/SF/Yr

Size
1,074 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 137 $23/SF/Yr

Size
970 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 158 $19/SF/Yr

Size
996 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 160 $19/SF/Yr

Size
961 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 210 $19/SF/Yr

Size
1,457 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 233 $20/SF/Yr

Size
977 SF
Term
Negotiable
Contact us

Suite 244 $19/SF/Yr

Size
1,055 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 245 $19/SF/Yr

Size
2,220 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 248 $19/SF/Yr

Size
841 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 249 $19/SF/Yr

Size
1,254 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 315 (Sublease) $17/SF/Yr

Size
3,143 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 340 $21/SF/Yr

Size
1,842 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 450 $26/SF/Yr

Size
725 SF
Term
Negotiable
Contact us

Suite 545 $23/SF/Yr

Size
1,716 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 630 $24/SF/Yr

Size
1,279 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 640 $24/SF/Yr

Size
1,742 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 650 $24/SF/Yr

Size
1,852 SF
Type
Creative/Loft
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #WA #25460
Source: Corfac
Added: Jan 26 Changed: Aug 16 Last Checked: Aug 16 at 5:08AM

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.

Located in the Central Eastside Industrial District of SE Portland, this historic building offers creative office, tech, flex, and retail spaces. Originally built in 1920 and fully updated in 2008, the property features preserved original beams and industrial finishes, re-milled hardwoods, and polished concrete floors. Spaces range from 394 square feet and up. The building includes light-filled interior courtyards, a rooftop deck, new HVAC and lighting, and 14' - 16' ceilings. Multiple building amenities are available, including on-site parking, bicycle storage, a fitness center with shower facilities, furnished common areas, shared conference rooms, a rooftop patio with downtown Portland views, common area WiFi, an on-site restaurant, a shared kitchen, on-site management, and growth-ready incubator space. The property has 7 floors above a 40,000 square foot basement with parking, totaling 112,900 net rentable square feet. It is within walking distance to multiple bars, cafes, and restaurants and two blocks from the Portland Streetcar A Loop. Lease options range from month-to-month up to 10 years. It is an ideal creative studio for A/I, architects, designers, engineers and other creative office users. Olympic Mills sits at the center of the Central Eastside Industrial District, a historically industrial area replete with warehouses that has become one of the most vital commercial districts in the city and a major destination for a host of growing companies in the Pacific Northwest. The building boasts stunning views of downtown Portland, easy access to major freeways and the Portland Streetcar.

Key Highlights

  • Prime location in the Central Eastside Industrial District with easy access to freeways and the Portland Streetcar.
  • Flexible spaces suitable for creative office, tech, flex, and retail use, with lease options up to 10 years.
  • Historic building with preserved original features and modern updates (renovated in 2008).

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
$2.55 /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

$23.42 /SF/Yr
Avg Asking Price
$17–$32 /SF/Yr
Price Range
13,264 SF
Avg Space Size

This space is priced 27% below the average of $23.42 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Creative office, tech, flex, and retail spaces in Portland's Central Eastside.
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 $17 SF/Yr.
What are key features of this property?
This property features: Prime location in the Central Eastside Industrial District with easy access to freeways and the Portland Streetcar.; Flexible spaces suitable for creative office, tech, flex, and retail use, with lease options up to 10 years.; Historic building with preserved original features and modern updates (renovated in 2008).
More about this property
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