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Creative Office Building with Parking
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1532 SW Morrison St, Portland, OR 97205

Three-floor creative office building features large operable windows, exposed brick fireplaces, and secure lobby with in-building parking.

Space Size7,468 SF
Days on Market94

Property Features for 1532 SW Morrison St

General Information

Standard status Active
Size 7,468 SF
Property subtype Office
Zoning CX
Occupancy 74%

Additional Details

Clear Height 15 ft

Amenities

large operable windows
natural light
exposed brick
fireplace on each floor
high ceilings
open floor plans
secure lobby
elevator served
secure in-building parking
located on MAX Light Rail
responsive local ownership

Building Details

Stories 3

Spaces For Lease

at 1532 SW Morrison St Contact us

2nd Floor - 7468 RSF

Size
7,468 SF
Type
Creative/Loft
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Newmark | Portland
Listed By: Travis Parrott
Source: Nmrk
Added: Jun 9 Changed: Sep 8 Last Checked: Sep 10 at 5:47AM

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 Newmark | Portland

Investment Insights

Based on property information with market context.

This creative office building offers three floors with large operable windows for natural light and exposed brick features, including a fireplace on each floor. Suites include high ceilings of approximately 14 to 15 feet and open floor plans, designed to support flexible tenant layouts. The building also provides a secure lobby with elevator service and in-building parking.

The property is located directly on downtown MAX Light Rail. Secure access is supported by a secure lobby, and responsive local ownership is noted in the remarks.

The building size is 20,416 SF across three floors. Zoning is CX – Central Commercial. As of the provided information, the property is 74% leased through 3/31/2025.

Key Highlights

  • Three‑floor creative office building with 20,416 SF total
  • Large operable windows for natural light and open floor plans
  • Exposed brick with a fireplace on each floor

Property Analytics

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Current Use

Allied Works Architecture ... Architect Astoria Capital Management ... Financial Advisor Anr Development Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Tanning Salon Butcher Nursing Home Supermarket

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

15 ft
Clear height
74%
Occupancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

12,621
Businesses Nearby

Demographics for 97205, OR

8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Portland, OR

$20.78 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
9,893 SF
Avg Space Size

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 - Three-floor creative office building features large operable windows, exposed brick fireplaces, and secure lobby with in-building parking.
Where is this creative space located?
The property is located at 1532 SW Morrison St Portland, OR.
What are key features of this property?
This property features: Three‑floor creative office building with 20,416 SF total; Large operable windows for natural light and open floor plans; Exposed brick with a fireplace on each floor
More about this property
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