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    80 Madison St Portland, OR 97214

    Sponsored
    For Lease
    $22 SF/Yr

    Modern Portland office, 7 spaces available

    Lot size:
    11,133 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Waterman Building, located at 80 SE Madison St, Portland, OR 97214, offers 11,133 square feet of versatile office space in the Central Eastside Industrial District (CEID) submarket. This four-story building, renovated in 2014, features a mix of executive, creative, traditional, and coworking office spaces, suitable for multiple tenants. Units range from a minimum of 506 square feet to a maximum contiguous space of 1,990 square feet, with 8,289 square feet currently vacant. Building amenities include a furnished lobby, on-site restaurant, common workspaces, a shared conference room, 13-foot ceilings, wood accents, polished concrete floors, ADA accessibility, one elevator, basement and bicycle storage, commuter shower facilities, high-speed data, and a 24/7 secure access system. Its convenient location offers easy access to downtown bridges, I-5 and I-84 highways, the Esplanade, and OMSI. The building's sustainable design blends industrial elements with modern finishes, reflecting the neighborhood's unique character. The property is also conveniently located minutes from the Esplanade and Tilikum Crossing, making it easily accessible by bike.

    Property Features for 80 Madison St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,133 SF
    Total Rate
    20410.5

    Building Details

    Year Renovated
    2014
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 410
    Size
    4,875 SF
    Rate per SF
    $28
    Space
    Suite 330
    Size
    1,273 SF
    Rate per SF
    $22
    Space
    Suite 430
    Size
    1,262 SF
    Rate per SF
    $22
    Space
    Suite 310
    Size
    3,650 SF
    Rate per SF
    $28
    Space
    Suite 320
    Size
    2,353 SF
    Rate per SF
    $25
    Space
    Suite 120
    Size
    962 SF
    Rate per SF
    $22
    Space
    Suite 420
    Size
    1,948 SF
    Rate per SF
    $22

    HighLights

    • ADA‑compliant building with elevator and entrance ramp.
    • On‑site garage parking.
    • Secure building with 24/7 access and ground floor restaurant.
    • Furnished lobby featuring modern furniture, fireplace, and water feature.
    • Shared conference room with glass walls.
    • Recessed decks on the 3rd and 4th floors offering city views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Healthnotes, Inc. Software Company Wolfs Head Hamburger Restaurant St Mary Health Mental Health Clinic Jeffery Lewis at Guaranteed ... Mortgage Broker Smart Label Solutions ... Manufacturer

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.66520546319
    Latitude
    45.512974988193

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    FAQs

    What type of property is this?
    Restaurant - Modern Portland office, 7 spaces available
    Where is this restaurant located?
    The property is located at 80 Madison St Portland, OR.
    What is the lease rate?
    The lease rate is $22-$28 SF/Yr.
    What are key features of this property?
    This property features: ADA-compliant building with elevator and entrance ramp.; On-site garage parking.; Secure building with 24/7 access and ground floor restaurant.
    Request Owner's contact information
    80 Madison St Portland, OR 97214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    80 Madison St Portland, OR 97214
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