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    Creative Studio and Office Spaces Title is generated by Realmo AI

    107 SE Washington St, Portland, OR 97214

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    Creative studio and office spaces available for lease.

    Type:Retail, Office, Industrial
    Property size:
    7,598 SF
    Added:
    Apr 20, 2022
    Days on Market:
    1508
    Last Refresh:
    May 12 at 8:09 pm

    Property Features for 107 SE Washington St

    General Information

    Standard status
    Active
    Size
    7,598 SF
    Property subtype
    Retail, Office, Industrial

    Building Details

    Year Built
    1920

    Spaces For Lease

    at 107 SE Washington St Contact us

    Suite 249 $19/Mo

    Size
    1,254 SF
    Type
    Retail, Office
    Contact us

    Suite 133 $25/Mo

    Size
    857 SF
    Type
    Retail, Office
    Lease Rate Negotiable
    Contact us

    Suite 47 $8/Mo

    Size
    3,033 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 245 $19/Mo

    Size
    2,220 SF
    Type
    Retail, Office
    Contact us

    Suite 315 $17/Mo

    Size
    3,143 SF
    Type
    Retail, Office
    Contact us

    Suite 136 $17/Mo

    Size
    1,074 SF
    Type
    Retail, Office
    Contact us

    Suite 240 $17/Mo

    Size
    1,064 SF
    Type
    Retail, Office
    Contact us

    Penthouse 7th & 8th $28/Mo

    Size
    8,470 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 137 $23/Mo

    Size
    970 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 233 $20/Mo

    Size
    977 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 143 $19/Mo

    Size
    581 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 545 $23/Mo

    Size
    1,716 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 300 $21/Mo

    Size
    7,140 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 226 $21/Mo

    Size
    688 SF
    Type
    Retail, Office
    Contact us

    Suite 630 $24/Mo

    Size
    1,279 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 450 $26/Mo

    Size
    725 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 158 $19/Mo

    Size
    996 SF
    Type
    Retail, Office
    Contact us

    Suite 160 $19/Mo

    Size
    961 SF
    Type
    Retail, Office
    Contact us

    Suite 340 $21/Mo

    Size
    1,842 SF
    Type
    Retail, Office
    Contact us

    Suite 650 $24/Mo

    Size
    1,852 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 640 $24/Mo

    Size
    1,742 SF
    Type
    Retail, Office, Industrial
    Contact us

    Suite 210 $19/Mo

    Size
    1,457 SF
    Type
    Retail, Office, Industrial
    Available within 30 days notice
    Contact us
    Show more

    We can help!

    Listing Contact
    Nicholas Diamond
    Nicholas Diamond

    Listing agent Nicholas Diamond License #OR 200403266

    Listing office Capacity Commercial Group

    Listing date Apr 20, 2022

    Source Crexi

    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 Capacity Commercial Group

    HighLights

    • Office spaces available, ranging from 1,000 SF to 7,598 SF.
    • Studio spaces start at 484 SF.
    • Ideal creative studio for A/I, architects, designers, engineers and other creative office users.
    • Lease options available up to 10 years.
    • Month‑to‑month lease options provide flexibility.
    • Built in 1920.

    Overview

    Studio spaces are available, starting from 484 square feet. Office spaces range in size from 1,000 to 7,598 square feet. These spaces are suitable for creative users such as A/I, architects, designers, and engineers. Lease options range from month-to-month to up to 10 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Larry J Cavender, ... General Contractor Gunnar Olson - State ... Insurance Agency Ecochallenge.org Charitable Organization Collaborative Business Solutions, ... Accounting Firm Graphic Lime Creative Industrial Manufacturer

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Auto Parts Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6643425
    Latitude
    45.5190166

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    • $1,250/Mo
      879-879 SF

      NE Sandy Blvd

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      View Details
    • $129-$3,817/Mo
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      Sixth & Main

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    • $3,750/Mo
      2,248-2,248 SF

      Steinmetz Building

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      11-1,292 SF

      Lincoln Center

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      7,587 SF

      Warehouse with Office and Mezzanine

      Sublease available with office, warehouse, and mezzanine space.
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      View Details
    • $24 SF/Yr
      1,610 SF

      Restaurant Spaces in Lloyd District

      Restaurant spaces available for lease in the Lloyd District.
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      View Details

    FAQs

    What type of property is this?
    Creative space - Creative studio and office spaces available for lease.
    Where is this creative space located?
    The property is located at 107 SE Washington St Portland, OR.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Office spaces available, ranging from 1,000 SF to 7,598 SF.; Studio spaces start at 484 SF.; Ideal creative studio for A/I, architects, designers, engineers and other creative office users.
    (503) 212-0927 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nicholas Diamond
    Nicholas Diamond
    Real Estate License ID: OR 200403266
    Request Owner's contact information
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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