Historic Restaurant Building with Stained
For Lease
Contact for pricing
537 SE Alder St, Portland, OR 97214
Historic structure features exposed brick and timber with stained glass and outdoor space opportunity.
Property Size18,248 SF
Days on Market627
Property Features for 537 SE Alder St
General Information
Standard status
Active
Size
18,248 SF
Property subtype
OFFICE
Amenities
stained glass
Building Details
Construction
brick and timber
Listing Agency:
Urban Works Real Estate
(503) 228-3165
Listed By:
Charlotte Larson
(503) 228-3165
Source:
Moodyscre
Added: Nov 11, 2024
Changed: Jul 27
Last Checked: Jul 30 at 2:42PM
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 Urban Works Real Estate
Investment Insights
Based on property information with market context.
This historic property in the Central Eastside presents exposed brick and timber finishes along with stained glass elements. The former build-out has been demolished, and the current owner has permit-ready drawings for a large-scale renovation. The offering is positioned for an outdoor space component.
The property is located at 537 SE Alder St in Portland, Oregon and is available for lease.
The owner indicates the space is intended to support event space, restaurant and bar, and creative space concepts, depending on the renovation plan.
The property is located at 537 SE Alder St in Portland, Oregon and is available for lease.
The owner indicates the space is intended to support event space, restaurant and bar, and creative space concepts, depending on the renovation plan.
Key Highlights
- Historic property on Portland’s Central Eastside with exposed brick and timber finishes
- Stained glass features throughout
- Demolition of the former build‑out has been completed by the current owner
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,064
Businesses Nearby
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
Market
Lease Benchmarks for Portland, OR
$17.65 /SF/Yr
Avg Asking Price
$1.23–$32 /SF/Yr
Price Range
79,008 SF
Avg Space Size
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Creative space - Historic structure features exposed brick and timber with stained glass and outdoor space opportunity.
Where is this creative space located?
The property is located at 537 SE Alder St Portland, OR.
What are key features of this property?
This property features: Historic property on Portland’s Central Eastside with exposed brick and timber finishes; Stained glass features throughout; Demolition of the former build‑out has been completed by the current owner
