Renovated Creative Flex
226 SE Madison St, Portland, OR 97214
For Lease
Contact for pricing
Renovated building combines two former industrial warehouses into modern workspaces for office and makerspace uses.
Space Size4,460 SF
Days on Market1384
Property Features for 226 SE Madison St
General Information
Standard status
Size
Property subtype
Lease Type
Site & Location
Neighborhood
Spaces For Lease
at 226 SE Madison St
The Factor Building - East Wing
$16 – $18/SF/Yr
Floor
LL
Size
4,460 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The factor building has undergone extensive renovation, including the transformation of two industrial warehouses into one new building with modern workspaces throughout.
- This is an incredible opportunity for a creative user looking to establish a presence in one of Portland’s fastest changing neighborhoods
– The central eastside industrial district.
- Spaces range from innovative office to artist and industrial makerspace.
- The factor building creates a community for companies to collaborate and thrive.
Contact us
Listing Agency:
Apex Real Estate Partners
(503) 595-2840
Listed By:
Max Schlesinger · License #201213100
(503) 407-9011
Source:
Moodyscre
Added: Jan 25, 2023
Changed: Nov 3
Last Checked: Nov 8 at 4:50AM
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 Apex Real Estate Partners
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Investment Insights
Based on property information with market context.
This renovated flex property was created by transforming two industrial warehouses into one new building with modern workspaces throughout. The building offers a range of space types, including office arrangements and creative or industrial makerspace setups, designed for users seeking a mixed creative and industrial environment.
Located at 226 SE Madison St in Portland, the property sits within the central eastside industrial district. Spaces are suited to creative users looking to establish a presence in this active industrial area.
The Factor Building configuration brings together office and maker-oriented workspaces under one roof following extensive renovation.
Located at 226 SE Madison St in Portland, the property sits within the central eastside industrial district. Spaces are suited to creative users looking to establish a presence in this active industrial area.
The Factor Building configuration brings together office and maker-oriented workspaces under one roof following extensive renovation.
Key Highlights
- Extensively renovated building converting two former industrial warehouses into one new building with modern workspaces
- Flexible spaces designed for office and artist/industrial makerspace use
- Building offers a mix of innovative office and makerspace environments
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,365
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Portland, OR
$16 /SF/Yr
Avg Asking Price
$1.81–$24 /SF/Yr
Price Range
12,797 SF
Avg Space Size
Properties on Market for Flex space in Portland
Vacancy Rate% for Office in Portland, OR
Similar Off Market Nearby
- Ingallina's Box Lunch — 2833 SE 15th Ave, Portland, OR 97202
- Bar & Bowtie — 2152 s harbor pl, portland, or 97201
- ChefStable Catering — 2136 SE 8th Ave, Portland, OR 97214, United States
- Trailhead Coffee Roasters — 350 SE Mill St, Portland, OR 97214
- Sugar Street Catering — 3334, 1430 SE Water Ave #102, Portland, OR 97214
Frequently Asked Questions
What type of property is this?
Flex space - Renovated building combines two former industrial warehouses into modern workspaces for office and makerspace uses.
Where is this flex space located?
The property is located at 226 SE Madison St Portland, OR.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Extensively renovated building converting two former industrial warehouses into one new building with modern workspaces; Flexible spaces designed for office and artist/industrial makerspace use; Building offers a mix of innovative office and makerspace environments
