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Creative Flex Office with Courtyards
For Lease
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107 SE Washington St, Portland, OR 97214

Updated 1920 building with parking, polished concrete floors, 14–16-foot ceilings, and light-filled interior courtyards.

Property Size1,254 SF
Days on Market1287

Property Features for 107 SE Washington St

General Information

Standard status Active
Size 1,254 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Clear Height 16 ft

Amenities

on-site parking
bicycle storage
fitness center with shower facilities
furnished common areas
shared conference rooms
rooftop deck
common area wifi
on-site restaurant
shared kitchen
on-site management
growth-ready incubator space
light-filled interior courtyards

Building Details

Year Built 1920
Year Renovated 2008
Stories 7
Listing Agency: Capacity Commercial Group
Listed By: Michelle Rozakis · License #200403266
Source: Moodyscre
Added: Jan 23, 2023 Changed: Jul 26 Last Checked: Aug 2 at 3:22AM

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.

Housed in a historic 1920 building fully updated in 2008, this creative office, tech, flex, and retail space offers modern mechanical, structural, and technological standards. The property features preserved original beams and industrial finishes, re-milled hardwoods, polished concrete floors, and 14' to 16' ceilings, with light-filled interior courtyards. Building improvements include new HVAC and lighting, plus a rooftop deck.

The building is configured with multiple levels, including seven floors above a basement, with parking on site. Additional amenities include on-site bicycle storage, a fitness center with shower facilities, furnished common areas, shared conference rooms, common area WiFi, and an on-site restaurant with a shared kitchen. On-site management and growth-ready incubator space are also available. Rooftop patio space provides downtown Portland views, and the property is within walking distance of bars, cafes, and restaurants, with the Portland Streetcar loop two blocks away.

Key Highlights

  • Fully updated historic 1920 building (updates completed in 2008) to modern mechanical, structural, and technological standards
  • Creative office/tech/flex and retail space available for immediate lease at Olympic Mills Commerce Center
  • Building features preserved original beams with industrial finishes and re‑milled hardwoods, plus polished concrete floors

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

16 ft
Clear height
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,151
Businesses Nearby
Well-served
Demand for This Use

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

$68.48 /SF/Yr
Avg Asking Price
$10.2–$141 /SF/Yr
Price Range
8,339 SF
Avg Space Size

This space is priced 72% below the average of $68.48 /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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Similar Off Market Nearby

  • Eat Your Heart Out Catering Co — 1230 SE 7th Ave, Portland, OR 97214
  • Sugar Street Catering — 3334, 1430 SE Water Ave #102, Portland, OR 97214
  • Gourmet Coffee Brew Master, Inc. — 1214 SE 7th Ave, Portland, OR 97214
  • Alimenti Event Services, LLC — 1430 SE Water Ave #102, Portland, OR 97214
  • Trailhead Coffee Roasters — 350 SE Mill St, Portland, OR 97214

Frequently Asked Questions

What type of property is this?
Flex space - Updated 1920 building with parking, polished concrete floors, 14–16-foot ceilings, and light-filled interior courtyards.
Where is this flex space located?
The property is located at 107 SE Washington St Portland, OR.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Fully updated historic 1920 building (updates completed in 2008) to modern mechanical, structural, and technological standards; Creative office/tech/flex and retail space available for immediate lease at Olympic Mills Commerce Center; Building features preserved original beams with industrial finishes and re‑milled hardwoods, plus polished concrete floors
(503) 222-0755 Call to check price and availability
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