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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 Market248

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
Name Size Type Rate Availability
Suite 300 7,140 SF — Contact for pricing — Contact us
Suite 47 3,084 SF Creative/Loft Contact for pricing — Contact us
Penthouse 7th & 8th 8,470 SF Creative/Loft $28/SF/Yr — Contact us
Suite 133 857 SF Street Retail $19/SF/Yr — Contact us
Suite 136 1,074 SF Creative/Loft $17/SF/Yr — Contact us
Suite 137 970 SF Creative/Loft $23/SF/Yr — Contact us
Suite 158 996 SF Creative/Loft $19/SF/Yr — Contact us
Suite 160 961 SF Creative/Loft $19/SF/Yr — Contact us
Suite 244 1,055 SF Creative/Loft $19/SF/Yr — Contact us
Suite 245 2,220 SF Creative/Loft $19/SF/Yr — Contact us
Suite 248 841 SF Creative/Loft $19/SF/Yr — Contact us
Suite 249 1,254 SF Creative/Loft $19/SF/Yr — Contact us
Suite 340 1,842 SF Creative/Loft $21/SF/Yr — Contact us
Suite 440 725 SF — $26/SF/Yr — Contact us
Suite 545 1,745 SF Creative/Loft $23/SF/Yr — Contact us
Suite 630 1,279 SF Creative/Loft $24/SF/Yr — Contact us
Suite 640 1,742 SF Creative/Loft $24/SF/Yr — Contact us
Suite 650 1,852 SF Creative/Loft $24/SF/Yr — Contact us
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #WA #25460
Source: Capacitycommercial
Added: Jan 26 Changed: Sep 30 Last Checked: Sep 30 at 10:28AM

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

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Open 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 Buffet Adult Day Care

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$20.78 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
10,452 SF
Avg Space Size

This space is priced 18% below the average of $20.78 /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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