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Historic Office Building with Views
For Lease
Contact for pricing

502-540 SE Morrison St, Portland, OR

Move-in ready office suites with flexible lease terms available.

Space Size345 SF - 5,000 SF
Lot Size0.75 Acres
Days on Market1332

Property Features for 502-540 SE Morrison St

General Information

Standard status Active
Size 345 SF - 5,000 SF
Lot size 0.75 Acres
Property subtype OFFICE

Spaces For Lease

at 502-540 SE Morrison St Contact us

The Weatherly AVAILABLE, Now

Floor 9
Size 4,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Skyline defining 12 story historic building - Move-in ready suites available with flexible lease terms - Features three sides of glass, river and mountain views - Creative spec suites under construction.
Contact us

Weatherly Bldg AVAILABLE, Now

Floor 1
Size 1,173 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- The weatherly is a mixed-use office/retail 12 story historic building located at the gateway to the central eastside and adjacent to the morrison bridge. - There is convenient access to I-5, I-84 and the downtown cbd. - On-site parking is available with hourly/daily/monthly paid parking options. - High ceilings and expansive window lines. - New lobby and building renovations underway now and landlord will be working to provide space improvements to the incoming ground floor commercial tenants.
Contact us

Weatherly Bldg AVAILABLE, Now

Floor 1
Size 345 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- The weatherly is a mixed-use office/retail 12 story historic building located at the gateway to the central eastside and adjacent to the morrison bridge. - There is convenient access to I-5, I-84 and the downtown cbd. - On-site parking is available with hourly/daily/monthly paid parking options. - High ceilings and expansive window lines. - New lobby and building renovations underway now and landlord will be working to provide space improvements to the incoming ground floor commercial tenants.
Contact us

Weatherly Bldg AVAILABLE, Now

Floor 1
Size 4,162 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- The weatherly is a mixed-use office/retail 12 story historic building located at the gateway to the central eastside and adjacent to the morrison bridge. - There is convenient access to I-5, I-84 and the downtown cbd. - On-site parking is available with hourly/daily/monthly paid parking options. - High ceilings and expansive window lines. - New lobby and building renovations underway now and landlord will be working to provide space improvements to the incoming ground floor commercial tenants.
Contact us

514 SE Morrison St AVAILABLE, Now

Floor 8
Size 5,000 SF
Type OFFICE
Rate Contact for pricing
Sublease No
Skyline defining 12 story historic building. Move-in ready suites available with flexible lease terms. Features three sides of glass, river and mountain views. Creative spec suites under construction.
Contact us
Listing Agency: JLL | Portland
Listed By: Jake Lancaster
Source: Moodyscre
Added: Feb 21, 2023 Changed: Sep 15 Last Checked: Oct 15 at 12:35AM

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 JLL | Portland

Investment Insights

Based on property information with market context.

This skyline-defining 12-story historic building offers move-in ready suites with flexible lease terms. The property features three sides of glass, providing river and mountain views. Creative spec suites are currently under construction. The property offers 4,500 square feet of office space.

Key Highlights

  • Skyline defining 12 story historic building
  • Move‑in ready suites available
  • Creative spec suites under construction

Property Analytics

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Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Mobile Phone Store Veterinary Clinic Buffet

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

Location Intelligence

Trade Area within ½ mile

4,825
Businesses Nearby
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
30,493 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Move-in ready office suites with flexible lease terms available.
Where is this office building located?
The property is located at 502-540 SE Morrison St Portland, OR.
What are key features of this property?
This property features: Skyline defining 12 story historic building; Move‑in ready suites available; Creative spec suites under construction
(503) 972-8612 Call to check price and availability
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