Renovated Creative Flex
For Lease
Contact for pricing
226 SE Madison St, Portland, OR 97214
Renovated building combines two former industrial warehouses into modern workspaces for office and makerspace uses.
Property Size4,460 SF
Days on Market1285
Property Features for 226 SE Madison St
General Information
Standard status
Active
Size
4,460 SF
Property subtype
OFFICE
Lease Type
SF/yr
Listing Agency:
Apex Real Estate Partners
(503) 407-9011
Listed By:
Max Schlesinger
(503) 407-9011
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Jul 28
Last Checked: Jul 28 at 2:05AM
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 Apex Real Estate Partners
Investment Insights
Based on property information with market context.
This renovated flex property was created by transforming two industrial warehouses into one new building with modern workspaces throughout. The building offers a range of space types, including office arrangements and creative or industrial makerspace setups, designed for users seeking a mixed creative and industrial environment.
Located at 226 SE Madison St in Portland, the property sits within the central eastside industrial district. Spaces are suited to creative users looking to establish a presence in this active industrial area.
The Factor Building configuration brings together office and maker-oriented workspaces under one roof following extensive renovation.
Located at 226 SE Madison St in Portland, the property sits within the central eastside industrial district. Spaces are suited to creative users looking to establish a presence in this active industrial area.
The Factor Building configuration brings together office and maker-oriented workspaces under one roof following extensive renovation.
Key Highlights
- Extensively renovated building converting two former industrial warehouses into one new building with modern workspaces
- Flexible spaces designed for office and artist/industrial makerspace use
- Building offers a mix of innovative office and makerspace environments
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,465
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 77% below the average of $68.48 /SF/Yr.
Vacancy Rate% for Office in Portland, OR
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Similar Off Market Nearby
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- Sugar Street Catering — 3334, 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 - Renovated building combines two former industrial warehouses into modern workspaces for office and makerspace uses.
Where is this flex space located?
The property is located at 226 SE Madison St Portland, OR.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Extensively renovated building converting two former industrial warehouses into one new building with modern workspaces; Flexible spaces designed for office and artist/industrial makerspace use; Building offers a mix of innovative office and makerspace environments
