Creative Office and Retail
For Lease
Contact for pricing
1515 SE Water Ave, Portland, OR 97214
Creative office and retail building with sealed concrete, carpeting, and ceramic tile, plus sustainable stormwater features.
Space Size777 SF
Days on Market633
Property Features for 1515 SE Water Ave
General Information
Standard status
Active
Size
777 SF
Property subtype
RETAIL
Spaces For Lease
at 1515 SE Water Ave Contact us- Floor
- 1
- Size
- 777 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
River East
- River East Center is a premier creative office and retail property located on the...
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Listing Agency:
Lincoln Property Company | Portland
(916) 716-9534
Listed By:
Lee Morrison
Source:
Moodyscre
Added: Nov 15, 2024
Changed: Aug 8
Last Checked: Aug 9 at 9:37AM
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 creative office and retail property originally constructed in 1952 and renovated in 2006. The building’s interior finishes include sealed concrete, carpeting, and ceramic tile. The property also features sustainable stormwater systems designed to prevent sewer overflows into the Willamette River, including a gravel channel at the base of the building that collects water runoff. River East Center is LEED Gold certified.
Located on the eastside of Portland adjacent to the Hawthorne Bridge, the property offers river and city views. Parking is provided at a 1.5/1000 ratio, and the site includes bike storage, showers, and Energy Star. The property also has 8 EV chargers and convenient access to the CBD, I-405, I-5, and I-84.
For tenants seeking a combined creative office and retail environment with built-in sustainability features, River East Center provides a finished, adaptable interior with core-and-shell LEED Gold performance.
Located on the eastside of Portland adjacent to the Hawthorne Bridge, the property offers river and city views. Parking is provided at a 1.5/1000 ratio, and the site includes bike storage, showers, and Energy Star. The property also has 8 EV chargers and convenient access to the CBD, I-405, I-5, and I-84.
For tenants seeking a combined creative office and retail environment with built-in sustainability features, River East Center provides a finished, adaptable interior with core-and-shell LEED Gold performance.
Key Highlights
- River East Center in Portland was renovated in 2006; building features include sealed concrete, carpeting, and ceramic tile.
- LEED Gold (Core and Shell) with Energy Star, plus sustainable stormwater systems that help prevent sewer overflows into the Willamette River.
- Sustainable stormwater design includes a gravel channel at the base of the building that collects water runoff.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,927
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
$19.68 /SF/Yr
Avg Asking Price
$1.23–$32 /SF/Yr
Price Range
13,209 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?
Creative space - Creative office and retail building with sealed concrete, carpeting, and ceramic tile, plus sustainable stormwater features.
Where is this creative space located?
The property is located at 1515 SE Water Ave Portland, OR.
What are key features of this property?
This property features: River East Center in Portland was renovated in 2006; building features include sealed concrete, carpeting, and ceramic tile.; LEED Gold (Core and Shell) with Energy Star, plus sustainable stormwater systems that help prevent sewer overflows into the Willamette River.; Sustainable stormwater design includes a gravel channel at the base of the building that collects water runoff.
