Retail Space in 12-Story Historic
For Lease
Contact for pricing
502-540 SE Morrison St, Portland, OR 97214
Mixed-use retail space with high ceilings and expansive window lines, plus on-site parking options.
Property Size345 SF
Days on Market1279
Property Features for 502-540 SE Morrison St
General Information
Standard status
Active
Size
345 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Amenities
high ceilings
expansive window lines
new lobby
building renovations underway
Building Details
Stories
12
Listing Agency:
Commercial Realty Advisors Northwest LLC
(503) 490-7212
Listed By:
Ashley Heichelbech · License #200509097
(503) 490-7212
Source:
Moodyscre
Added: Jan 31, 2023
Changed: Jul 29
Last Checked: Aug 2 at 4:54AM
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 Commercial Realty Advisors Northwest LLC
Investment Insights
Based on property information with market context.
Retail space is available in The Weatherly, a mixed-use, historic 12-story building at 502-540 SE Morrison St in Portland, OR 97214. The property offers high ceilings and expansive window lines, with new lobby and building renovations underway and landlord working to provide space improvements for incoming ground-floor commercial tenants.
The Weatherly is located at the gateway to the central eastside and is adjacent to the Morrison Bridge. The building offers convenient access to I-5 and I-84 and the downtown CBD. On-site parking is available with hourly, daily, and monthly paid parking options.
With its ground-floor commercial focus and strong visibility from the window lines, the space is well suited for retail users looking for an established, historic setting with active building improvements.
The Weatherly is located at the gateway to the central eastside and is adjacent to the Morrison Bridge. The building offers convenient access to I-5 and I-84 and the downtown CBD. On-site parking is available with hourly, daily, and monthly paid parking options.
With its ground-floor commercial focus and strong visibility from the window lines, the space is well suited for retail users looking for an established, historic setting with active building improvements.
Key Highlights
- 12‑story historic mixed‑use building with ground‑floor commercial tenant improvements underway
- High ceilings and expansive window lines
- Adjacent to the Morrison Bridge and at the gateway to the central eastside
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,064
Businesses Nearby
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
$25.51 /SF/Yr
Avg Asking Price
$10–$48 /SF/Yr
Price Range
116,503 SF
Avg Space Size
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Mixed-use retail space with high ceilings and expansive window lines, plus on-site parking options.
Where is this retail space located?
The property is located at 502-540 SE Morrison St Portland, OR.
What are key features of this property?
This property features: 12‑story historic mixed‑use building with ground‑floor commercial tenant improvements underway; High ceilings and expansive window lines; Adjacent to the Morrison Bridge and at the gateway to the central eastside
