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Interior Corner Office Suite
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80 SE Madison St, Portland, OR 97214

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

Property Size435 SF
Days on Market121

Property Features for 80 SE Madison St

General Information

Standard status Active
Size 435 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

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
Listing Agency: North Rim
Listed By: Matt Schweitzer
Source: Moodyscre
Added: Apr 1 Changed: Jul 28 Last Checked: Jul 29 at 1:04PM

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

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

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

Market

Lease Benchmarks for Portland, OR

$19.5 /SF/Yr
Avg Asking Price
$0.6–$40.6 /SF/Yr
Price Range
25,476 SF
Avg Space Size

This space is priced 14% below the average of $19.5 /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
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Frequently Asked Questions

What type of property is this?
Office units - Interior corner suite with high ceilings and fully carpeted finishes in the Waterman Building.
Where is this office units 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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