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Remodeled Waterfront-View Office Units
For Lease
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1500 SW 1st Ave, Portland, OR 97201

Plug-and-play office suites offer natural light, on-site fitness amenities, and attached parking.

Space Size11,156 SF
Days on Market506

Property Features for 1500 SW 1st Ave

General Information

Standard status Active
Size 11,156 SF
Property subtype OFFICE

Additional Details

Furnished Yes

Amenities

24 hour security
fitness center

Building Details

Year Renovated 2023
Parking Ratio 3 per 1,000 SF

Spaces For Lease

at 1500 SW 1st Ave Contact us

1500 SW 1st Ave

Floor
11
Size
11,156 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
- Plug and Play Opportunity! - Across from Waterfront Park - Newly remodeled as of...
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Listing Agency: Cresa | Portland
Listed By: Blake St. Onge
Source: Moodyscre
Added: Mar 26, 2025 Changed: Aug 8 Last Checked: Aug 12 at 6:42AM

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 Cresa | Portland

Investment Insights

Based on property information with market context.

Remodeled office units totaling 11,156 square feet provide a plug-and-play workspace with abundant natural light and 270° views. The property was newly remodeled as of December 2023, with new furniture, desks, appliances, and computer accessories available for negotiation. The office environment also includes 24-hour security and an on-site fitness center.

Located across from Waterfront Park at 1500 SW 1st Ave in Portland, the property includes attached parking at a ratio of 3 spaces per 1,000 square feet. The combination of furnished workspace, building amenities, and a waterfront-facing setting supports efficient office occupancy without requiring a full buildout.

Key Highlights

  • 11,156 square feet of office units
  • Newly remodeled as of December 2023
  • Abundant natural light with 270° views

Property Analytics

Current Use

O'Connor Weber LLC Law Firm Kuzma Law, LLC Law Firm Steve Norman Law ... Law Firm Bridgetown Physical Therapy ... Medical Clinic Philip M. Lebenbaum Law Firm

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

9,703
Businesses Nearby

Demographics for 97201, OR

17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value

Market

Lease Benchmarks for Portland, OR

$20.96 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,434 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?
Office units - Plug-and-play office suites offer natural light, on-site fitness amenities, and attached parking.
Where is this office units located?
The property is located at 1500 SW 1st Ave Portland, OR.
What are key features of this property?
This property features: 11,156 square feet of office units; Newly remodeled as of December 2023; Abundant natural light with 270° views
(503) 334-0746 Call to check price and availability
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