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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 Market292

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

Eighth Floor | Suite 800

Size
1,526 SF
Availability
Available
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Eighth Floor | Suite 801

Size
1,039 SF
Availability
Available
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Eighth Floor | Suite 820

Size
4,358 SF
Availability
Available
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Eleventh Floor | Suite 1101

Size
698 SF
Availability
Available
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Eleventh Floor | Suite 1175

Size
1,025 SF
Availability
Available
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Fifth Floor | Suite 500

Size
925 SF
Availability
Available
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Fifth Floor | Suite 501

Size
1,036 SF
Availability
Available
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Fifth Floor | Suite 510

Size
620 SF
Availability
Available
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Fourth Floor | Suite 400

Size
1,130 SF
Availability
Available
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Fourth Floor | Suite 405

Size
1,012 SF
Availability
Available
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Fourth Floor | Suite 410

Size
639 SF
Availability
Available
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Fourth Floor | Suite 415

Size
1,283 SF
Availability
Available
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Fourth Floor | Suite 420

Size
2,952 SF
Availability
Available
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Ninth Floor | Suite 902

Size
1,018 SF
Availability
Available
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Ninth Floor | Suite 909

Size
437 SF
Availability
Available
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Ninth Floor | Suite 914

Size
3,153 SF
Availability
Available
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Ninth Floor |Suite 900

Size
2,415 SF
Availability
Available
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Sixth Floor | Suite 605

Size
1,595 SF
Availability
Available
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Sixth Floor | Suite 606

Size
325 SF
Availability
Available
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Sixth Floor | Suite 607

Size
2,372 SF
Availability
Available
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Sixth Floor | Suite 614

Size
2,706 SF
Availability
Available
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Tenth Floor | Suite 1000

Size
1,294 SF
Availability
Available
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Tenth Floor | Suite 1001

Size
1,037 SF
Availability
Available
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Tenth Floor | Suite 1007

Size
219 SF
Availability
Available
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Tenth Floor | Suite 1009

Size
325 SF
Availability
Available
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Tenth Floor | Suite 1015

Size
1,747 SF
Availability
Available
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Tenth Floor | Suite 1020

Size
2,438 SF
Availability
Available
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Third Floor | Suite 301

Size
1,386 SF
Availability
Available
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Listing Agency: CBRE | Portland
Listed By: Joe Beehler · License #200407253
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 8 Last Checked: Sep 9 at 7:43AM

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

$30.15 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
23,612 SF
Avg Space Size

This space is priced 30% below the average of $30.15 /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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