River East

For Lease

1515 SE Water Ave, Portland, OR 97214

The total number of office spaces available at River East is 4. Leasing opportunities in the building include general office and street retail. There is a total of 69,210 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 777 square feet.

Space Available For Lease 4

Contacts

broker

Lee Morrison

Lincoln Property Company

(503) 224-1193

Property Details

  • Property Type Office - General Office
  • Property Size 99,795 SF
  • Lot Size 3.63 Acre
  • Building Class B
  • Year Built 1952
  • Year Renovated 2007
  • Date Updated Jan 10, 2024
ORRiver East Center is a premier creative office and retail property located on the eastside of Portland, Oregon adjacent to the Hawthorne Bridge. Originally constructed in 1952, the abandoned warehouse property was renovated in 2006 and features sustainable stormwater systems that prevent sewer overflows into the Willamette River with a gravel channel located at the base of the building that collects water runoff. Interior finishes include sealed concrete, carpeting, and ceramic tile. River East Center is LEED Gold certified, reflecting the property’s sustainable design principles. On average, the property rents increase 3% annually and maintains a 100% occupancy rate.

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Highlights

  • 1.5/1000 parking ratio
  • Bike Storage
  • Energy Star
  • Showers
  • LEED GOLD (Core and Shell)
  • River and City Views
  • 8 EV Chargers
  • Excellent access to CBD, I-405, I-5 and I-84

Getting around

  • 68/100

    Walk Score ®

  • 84/100

    Transit Score ®

  • 99/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Hosford - Abernethy
  • Zip Code 97214
  • Market Portland

Points of Interest

  • Southeast Martin Luther King & Hawthorne

    0.22 miles

  • Southeast Martin Luther King & Mill

    0.26 miles

  • Southeast Grand & Hawthorne

    0.28 miles

  • Southeast Martin Luther King & Taylor

    0.29 miles

  • Southeast Grand & Mill

    0.30 miles

  • Southeast Grand & Taylor

    0.35 miles

  • Southeast Water/OMSI

    0.36 miles

  • OMSI/Southeast Water

    0.41 miles

  • Southeast Martin Luther King & Morrison

    0.41 miles

  • Southeast Grand & Belmont

    0.44 miles

  • Blink

    0.45 miles

  • Electric Avenue

    0.50 miles

  • Shell

    0.50 miles

  • Kwik-Gas

    0.54 miles

  • Pacific Pride

    0.57 miles

  • Shell

    0.62 miles

  • Chevron

    0.78 miles

  • Chevron

    0.86 miles

  • Arco

    0.98 miles

  • Shell

    1.23 miles

  • Waterman Building Parking Annex

    0.07 miles

  • Oregon Museum of Science and Industry

    0.13 miles

  • U-Park

    0.44 miles

  • SmartPark

    0.50 miles

  • Crown Plaza Parking

    0.51 miles

  • City Center Parking

    0.55 miles

  • Schnitzer Lot

    0.58 miles

  • Auditorium Park

    0.61 miles

  • Smart Park

    0.63 miles

  • FedEx Office

    0.63 miles

  • RiverPlace

    0.38 miles

  • Portland Marriott Downtown Waterfront

    0.47 miles

  • Hyatt House Portland/Downtown

    0.47 miles

  • Residence Inn

    0.50 miles

  • Hotel Rose

    0.50 miles

  • Porter Hotel

    0.54 miles

  • Hotel Grand Stark

    0.56 miles

  • AC Hotel

    0.58 miles

  • Autograph Collection

    0.71 miles

  • Hotel Modera

    0.72 miles

  • Sheridan Fruit Company

    0.58 miles

  • Ross

    0.58 miles

  • Market of Choice

    0.63 miles

  • Muji Portland

    0.76 miles

  • Green Zebra Grocery

    0.81 miles

  • TJ Maxx

    0.81 miles

  • Nordstrom

    0.84 miles

  • Target

    0.93 miles

  • Safeway

    0.93 miles

  • New Seasons Market

    1.11 miles

1515 SE Water Ave Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 1515 SE Water Ave has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Hosford - Abernethy neighborhood of Portland and located within zip code 97214.

    1515 SE Water Ave was originally completed in 1952 and is rated class B. The building includes 99,795 square feet, of which 69,210 square feet is rentable office space. The most recent renovation completed at this address was in 2007.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Lee Morrison

Lincoln Property Company

(503) 224-1193

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