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Office Suite with Balcony
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80 SE Madison St, Portland, OR 97214

Office suite features a private glass-lined office, reception area with kitchenette, and balcony within a renovated industrial building.

Property Size375 SF
Days on Market500

Property Features for 80 SE Madison St

General Information

Standard status Active
Size 375 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Clear Height 13 ft

Amenities

private glass lined office
reception area with a kitchenette
balcony
ADA accessibility
elevator service
basement and bicycle storage
commuter shower facilities
furnished lobby
common conference room
high speed data
24/7 secure access system
Listing Agency: North Rim
Listed By: Matt Schweitzer
Source: Moodyscre
Added: Mar 18, 2025 Changed: Jul 25 Last Checked: Jul 29 at 2:59PM

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 North Rim

Investment Insights

Based on property information with market context.

This suite includes a private glass-lined office and a reception area with a kitchenette and balcony. Interior finishes include 13-foot ceilings, polished concrete floors, and wood detailing that reflects the building’s industrial history.

The Waterman is a sustainably renovated property in the Central Eastside Industrial District, with proximity to downtown bridges and highways I-5 and I-84, as well as the Esplanade and OMSI. Building amenities include ADA accessibility, elevator service, basement and bicycle storage, commuter shower facilities, a furnished lobby, and a common conference room.

Additional features include high-speed data and a 24/7 secure access system, supporting flexible day-to-day access for occupants.

Key Highlights

  • Private glass‑lined office plus reception area with kitchenette and balcony
  • 13‑ft ceilings and polished concrete floors with wood detailing
  • Sustainably renovated industrial building with ADA accessibility and elevator service

Property Analytics

Current Use

Healthnotes, Inc. (Bike/Boat/Book/etc) Store Wolfs Head Restaurant St Mary Health Medical Clinic Jeffery Lewis at Guaranteed ... Loan Service Smart Label Solutions ... Industrial Manufacturer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Veterinary Clinic Nursing Home 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

13 ft
Clear height
NNN (Triple Net)
Lease Type
$2.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,927
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

$19.5 /SF/Yr
Avg Asking Price
$0.6–$40.6 /SF/Yr
Price Range
25,476 SF
Avg Space Size

This space is priced 1% above the average of $19.5 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office suite features a private glass-lined office, reception area with kitchenette, and balcony within a renovated industrial building.
Where is this office units located?
The property is located at 80 SE Madison St Portland, OR.
What is the lease rate?
The lease rate is $19.71 SF/Yr.
What are key features of this property?
This property features: Private glass‑lined office plus reception area with kitchenette and balcony; 13‑ft ceilings and polished concrete floors with wood detailing; Sustainably renovated industrial building with ADA accessibility and elevator service
(503) 381-3134 Call to check price and availability
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