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Three-Story Creative Space
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1532 SW Morrison St, Portland, OR 97205

Open-plan commercial property with exposed brick, fireplaces, abundant daylight, elevator service, and secure in-building parking.

Property Size20,416 SF
Days on Market88

Property Features for 1532 SW Morrison St

General Information

Standard status Active
Size 20,416 SF
Elevators Yes
Property subtype Office
Zoning CX
Occupancy 74%

Additional Details

Public Transit Yes

Amenities

large operable windows
great natural light
exposed brick
fireplace on each floor
high ceilings
open floor plans
secure lobby

Building Details

Buildings 1
Stories 3
Building Size 20,416 SF
Listing Agency: Newmark | Portland
Listed By: Travis Parrott
Source: Nmrk
Added: Jun 9 Changed: Sep 2 Last Checked: Sep 2 at 4:20PM

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 Newmark | Portland

Investment Insights

Based on property information with market context.

This three-level creative space encompasses 20,416 SF with open floor layouts, tall ceilings measuring approximately 14 to 15 feet, and large operable windows that bring in natural light. Exposed brick and a fireplace on every floor add distinctive interior character. A secured entry lobby, elevator access, and parking within the building support daily operations.

The property is located at 1532 SW Morrison St in Portland, directly along the downtown MAX Light Rail line. The building is 74% leased through March 31, 2025, and carries CX zoning, identified as Central Commercial.

Key Highlights

  • 20,416 SF creative space arranged across three floors
  • Approximately 14–15‑foot ceilings with open floor plans
  • Large operable windows provide abundant natural light

Property Analytics

Current Use

Allied Works Architecture ... Architect Astoria Capital Management ... Financial Advisor Anr Development Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Tanning Salon Butcher Nursing Home Supermarket

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

74%
Occupancy

Location Intelligence

Trade Area within ½ mile

12,621
Businesses Nearby

Demographics for 97205, OR

8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value

Market

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?
Creative space - Open-plan commercial property with exposed brick, fireplaces, abundant daylight, elevator service, and secure in-building parking.
Where is this creative space located?
The property is located at 1532 SW Morrison St Portland, OR.
What are key features of this property?
This property features: 20,416 SF creative space arranged across three floors; Approximately 14–15‑foot ceilings with open floor plans; Large operable windows provide abundant natural light
More about this property
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