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Historic Office Building with Views
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 Size219 SF - 4,358 SF
Days on Market318

Property Features for 319 Southwest Washington Street

General Information

Standard status Active
Size 219 SF - 4,358 SF
Property subtype Office

Spaces For Lease

at 319 Southwest Washington Street Contact us
Name Size Type Rate Availability
Eighth Floor | Suite 800 1,526 SF — — Available Contact us
Eighth Floor | Suite 801 1,039 SF — — Available Contact us
Eighth Floor | Suite 820 4,358 SF — — Available Contact us
Eleventh Floor | Suite 1101 698 SF — — Available Contact us
Eleventh Floor | Suite 1175 1,025 SF — — Available Contact us
Fifth Floor | Suite 500 925 SF — — Available Contact us
Fifth Floor | Suite 501 1,036 SF — — Available Contact us
Fifth Floor | Suite 510 620 SF — — Available Contact us
Fourth Floor | Suite 400 1,130 SF — — Available Contact us
Fourth Floor | Suite 405 1,012 SF — — Available Contact us
Fourth Floor | Suite 410 639 SF — — Available Contact us
Fourth Floor | Suite 415 1,283 SF — — Available Contact us
Fourth Floor | Suite 420 2,952 SF — — Available Contact us
Ninth Floor | Suite 902 1,018 SF — — Available Contact us
Ninth Floor | Suite 909 437 SF — — Available Contact us
Ninth Floor | Suite 914 3,153 SF — — Available Contact us
Ninth Floor |Suite 900 2,415 SF — — Available Contact us
Sixth Floor | Suite 605 1,595 SF — — Available Contact us
Sixth Floor | Suite 606 325 SF — — Available Contact us
Sixth Floor | Suite 607 2,372 SF — — Available Contact us
Sixth Floor | Suite 614 2,706 SF — — Available Contact us
Tenth Floor | Suite 1000 1,294 SF — — Available Contact us
Tenth Floor | Suite 1001 1,037 SF — — Available Contact us
Tenth Floor | Suite 1007 219 SF — — Available Contact us
Tenth Floor | Suite 1009 325 SF — — Available Contact us
Tenth Floor | Suite 1015 1,747 SF — — Available Contact us
Tenth Floor | Suite 1020 2,438 SF — — Available Contact us
Third Floor | Suite 301 1,386 SF — — Available Contact us
Listing Agency: CBRE | Portland
Listed By: Joe Beehler · License #200407253
Source: Cbre
Added: Nov 22, 2025 Changed: Oct 6 Last Checked: Oct 5 at 5:30PM

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

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Open Analytics

Current Use

Tsongas | IMS Consulting ... Law Firm Integral Consulting Inc. Environmental Consultant MIMICS, Inc (Bike/Boat/Book/etc) Store Bridge City Law, ... Law Firm The Law Office of Marisa ... Law Firm

Suggested Use

Top Pick Tanning Salon Buffet Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store

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

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,961
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$29.78 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
30,744 SF
Avg Space Size

This space is priced 29% below the average of $29.78 /SF/Yr.

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
Rey
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.
More about this property
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