Historic Office Building with
For Lease
$21 SF/Yr
319 Southwest Washington Street, Portland, OR 97204
12-story office building in walkable area with mountain and river views.
Space SizeContact for details
Days on Market273
Property Features for 319 Southwest Washington Street
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
CBRE | Portland
(503) 221-4818
Listed By:
Joe Beehler
(503) 221-4818
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 18
Last Checked: Aug 21 at 12:15PM
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 CBRE | Portland
Investment Insights
Based on property information with market context.
The Spalding building, constructed in 1901, is a 12-story office building with 95,465 square feet of space. The property features operable windows, a modern, updated lobby with a digital directory, and tenant spaces offering mountain and river views. Located in a highly walkable area, the building provides convenient access to bridges, major freeways, and TriMet bus and MAX rail lines.
Key Highlights
- Highly walkable location with quick access to bridges and major freeways.
- Close proximity to TriMet bus and MAX rail lines.
- Updated, modern lobby with digital directory.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
12,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 97204, OR
1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent
Market
Lease Benchmarks for Portland, OR
$34.07 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
26,474 SF
Avg Space Size
This space is priced 38% below the average of $34.07 /SF/Yr.
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 12-story office building in walkable area with mountain and river views.
Where is this office building located?
The property is located at 319 Southwest Washington Street Portland, OR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Highly walkable location with quick access to bridges and major freeways.; Close proximity to TriMet bus and MAX rail lines.; Updated, modern lobby with digital directory.
