Central Eastside Industrial Warehouse
For Lease
Contact for pricing
1701 SE Water Ave, Portland, OR 97214
Warehouse/manufacturing space in Portland's Central Eastside Industrial District.
Space SizeContact for details
Property Size24,000 SF
Days on Market271
Property Features for 1701 SE Water Ave
General Information
Standard status
Active
Size
24,000 SF
Property subtype
Industrial
Zoning
EX
Building Details
Building Size
24,000 SF
Year Built
1927
Listing Agency:
(503) 972-7293
Listed By:
Rhys Konrad · License #OR #201205396
Source:
Macadamforbes
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 22 at 4:00AM
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 Rhys Konrad
Investment Insights
Based on property information with market context.
Available for occupancy in December 2024, this former Pepco building offers leasing opportunities within Portland's Central Eastside Industrial District. The clear span building is suitable for warehouse, storage, or manufacturing uses and can include a secure yard to the west. Recent upgrades include a new roof, exterior paint, and new overhead loading doors. The property features 5 oversized grade doors, a paint booth, a self-contained machine shop with air, and a clear height of 14 feet. It also has 3-phase power with 2,000 amps and drops throughout the building, along with 24 parking spaces. Located at the northern boundary of the OMSI campus, the property benefits from excellent transportation connectivity, with easy access to major thoroughfares and highways. The location is well-suited for businesses seeking accessibility to both downtown Portland and the greater metropolitan area. The neighborhood is well-served by public transit and bike routes, enhancing commuting for employees. The Central Eastside Industrial District is known for its established industrial presence and thriving food and beverage scene, with a multitude of restaurants, breweries, and specialty shops within walking distance. The zoning is Central Employment (EX).
Key Highlights
- Excellent transportation connectivity with easy access to major thoroughfares and highways.
- Suitable for warehouse, storage, or manufacturing uses.
- Recent upgrades including a new roof, exterior paint, and new overhead loading doors.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,496
Businesses Nearby
Well-served
Demand for This Use
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
$8.83 /SF/Yr
Avg Asking Price
$1.71–$15 /SF/Yr
Price Range
38,504 SF
Avg Space Size
Vacancy Rate% for Industrial in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse/manufacturing space in Portland's Central Eastside Industrial District.
Where is this warehouse located?
The property is located at 1701 SE Water Ave Portland, OR.
What are key features of this property?
This property features: Excellent transportation connectivity with easy access to major thoroughfares and highways.; Suitable for warehouse, storage, or manufacturing uses.; Recent upgrades including a **new roof, exterior paint, and new overhead loading doors.**
