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1515 SE Water Ave, Portland, OR, 00000
LEED Gold Certified Office Building

1515 SE Water Ave Portland, OR

For Sale
Contact for pricing

Four-story Class B office building in Portland's Eastside Submarket.

Property Size99,999 SF
Lot Size1.02 Acres
Days on Market371

Property Features for 1515 SE Water Ave

General Information

Standard status Active
Size 99,999 SF
Lot size 1.02 Acres
Property subtype RETAIL
Listing Agency: Lincoln Property Company | Portland
Listed By: Lee Morrison · License #B.930100005
Source: Moodyscre
Added: Jul 22, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:58AM

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 Lincoln Property Company | Portland

Investment Insights

Based on property information with market context.

River East Center is a four-story, Class B office building located in Portland’s Close-In Eastside Submarket. The building, which is LEED Gold certified, offers 99,999 rentable square feet. Situated on 3.63 acres, the property was renovated in 2006 and features floor plates measuring approximately 37,000 square feet on the first and third floors. The building also includes flexible mezzanine space suitable for single or multi-tenant use, open layouts, generous window lines, abundant natural light, and river views. There are 176 parking stalls available. The property has served as the headquarters for Mackenzie Engineering since 2007. It is located near restaurants, cafes, and clubs.

Key Highlights

  • LEED Gold certified, four‑story Class B building with 99,999 rentable square feet.
  • Benefit from 176 parking stalls, a highly coveted amenity within the Urban Core.
  • Located in Portland’s dynamic Close‑In Eastside Submarket, near trendy restaurants, cafes, and clubs.

Property Analytics

Property Profile Location Intelligence

Current Use

Viewpoint (Bike/Boat/Book/etc) Store Wasabi Paddling Club Boat Club RiverEast Center Rowing Club Mackenzie Urban Planning Department Coaxis Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Veterinary Clinic Mobile Phone Store Supermarket

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Office building - Four-story Class B office building in Portland's Eastside Submarket.
Where is this office building located?
The property is located at 1515 SE Water Ave Portland, OR.
What are key features of this property?
This property features: LEED Gold certified, four‑story Class B building with 99,999 rentable square feet.; Benefit from **176 parking stalls**, a highly coveted amenity within the Urban Core.; Located in Portland’s dynamic Close‑In Eastside Submarket, near trendy restaurants, cafes, and clubs.
(916) 716-9534 Call to check price and availability
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