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Interior Corner Office Suite

80 SE Madison St, Portland, OR 97214

For Lease
Contact for pricing

Interior corner suite with high ceilings and fully carpeted finishes in the Waterman Building.

Space Size435 SF
Days on Market227

Property Features for 80 SE Madison St

General Information

Standard status Active
Size 435 SF
Property subtype OFFICE

Site & Location

Neighborhood Buckman Community Association
Highway Access Yes

Amenities

ADA accessibility
elevator service
bicycle storage
commuter shower facilities
furnished lobby
new restaurant
conference room
high speed data
24/7 secure access system

Building Details

Tenancy Multi

Spaces For Lease

at 80 SE Madison St
80 SE Madison St $16.80/SF/Yr
Floor 2
Size 435 SF
Type OFFICE
Lease Type PLUS_UTILITIES_AND_JANITORIAL
Availability AVAILABLE, Now
Sublease No
- Suite 232 is a 435 RSF interior corner suite that offers a quiet and comfortable atmosphere. With high ceilings, fully carpeted, door relights, new neutral paint, and eco-friendly finishes, this space is ideal for an established or growing business. - The Waterman Building is a sustainably renovated building that blends the industrial elements of its past life with modern, artistic finishes. With 13-foot ceilings, polished concrete floors, and glass relights this building beautifully reflects this property's historic charm. The property features ADA accessibility, elevator service, basement and bicycle storage, commuter shower facilities, furnished lobby with a new restaurant, conference room, high speed data, and 24/7 secure access system. Some suites have access to off-street garage parking. Located in the Central Eastside Industrial District, the Waterman is close to downtown bridges, highways I-5 and I-84, the Esplanade, and OMSI.
Contact us
Listing Agency: North Rim
Listed By: Matt Schweitzer · License OR #940600121
Source: Moodyscre
Added: Apr 1 Changed: Nov 3 Last Checked: Nov 12 at 9:41AM

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 North Rim

Rey
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Investment Insights

Based on property information with market context.

Suite 232 is an interior corner office suite designed for a quiet, comfortable work environment. The suite features high ceilings, is fully carpeted, and includes door relights, new neutral paint, and eco-friendly finishes.

The Waterman Building is a sustainably renovated office building that incorporates industrial character with modern, artistic finishes. Building amenities include ADA accessibility, elevator service, basement and bicycle storage, commuter shower facilities, a furnished lobby with a new restaurant, a conference room, high-speed data, and a 24/7 secure access system. Some suites provide access to off-street garage parking. Located in the Central Eastside Industrial District, the property is close to downtown bridges, highways I-5 and I-84, the Esplanade, and OMSI.

Key Highlights

  • Suite 232: 435 RSF interior corner suite with high ceilings and fully carpeted flooring
  • New neutral paint and eco‑friendly finishes, plus door relights
  • Waterman Building features 13‑foot ceilings, polished concrete floors, and glass relights

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Healthnotes, Inc. (Bike/Boat/Book/etc) Store Wolfs Head Restaurant St Mary Health Medical Clinic Jeffery Lewis at Guaranteed ... Loan Service Smart Label Solutions ... Industrial Manufacturer

Suggested Use

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.52 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,927
Businesses Nearby

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

Market

Lease Benchmarks for Portland, OR

$22.18 /SF/Yr
Avg Asking Price
$1.71–$37 /SF/Yr
Price Range
12,897 SF
Avg Space Size

This space is priced 24% below the average of $22.18 /SF/Yr.

Properties on Market for Office Units in Portland

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Interior corner suite with high ceilings and fully carpeted finishes in the Waterman Building.
Where is this office unit located?
The property is located at 80 SE Madison St Portland, OR.
What is the lease rate?
The lease rate is $16.80 SF/Yr.
What are key features of this property?
This property features: Suite 232: 435 RSF interior corner suite with high ceilings and fully carpeted flooring; New neutral paint and eco‑friendly finishes, plus door relights; Waterman Building features 13‑foot ceilings, polished concrete floors, and glass relights
(503) 381-3134 Call to check price and availability
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