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The Waterman Building 80 SE Madison St 309 - 17,902 SF of Space Available in Portland, OR 97214

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HIGHLIGHTS

  • Occupy 250 to 3,650 SF of custom office space with city views and a 1,182-SF fully equipped retail restaurant with heavy daytime foot traffic.
  • Move-in-ready offices with natural light, 13-foot ceilings, 3rd- and 4th-floor recessed decks, a furnished lobby, and ADA-accessible restrooms.
  • Enjoy the on-site amenities like secure garage parking, WIFI, shared conference room, secure bike storage and repair, and shower facilities.
  • Minutes from the Esplanade and Tilikum Crossing, where many love to visit for walking, jogging, bike riding, and captivating Willamette River views.
  • Within reach of Downtown Portland via Interstate 5, Hawthorne Bridge, Trimet Bus Lines, and Portland streetcar access is less than a mile away.
  • Strategically located in the Central Eastside Industrial District near offices, hotels, restaurants, brew pubs, and bakeries.

ALL AVAILABLE SPACES(12)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 120
  • 962 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $21,164 /YR $1,764 /MO
  • Office
  • Full Build-Out
  • Now

Everything you’ve been searching for in a custom office space and more. Mt Everest Suite 120 is a beautiful professional suite with a private office and glass-walled conference room (or second office), and an open concept reception area. The suite features 13-foot ceilings and polished concrete floors and is accentuated with glass walls. Utilities and janitorial are included in the monthly rent.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 3 - 8 People
  • 1 Conference Room
  • Space is in Excellent Condition
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Private Restrooms
  • High Ceilings
  • Natural Light
  • Bicycle Storage
  • DDA Compliant
  • Smoke Detector
  • Lots of Natural Light
  • Vaulted Ceilings
  • Fully Built-Out as Standard Office
  • 2 Private Offices
  • Finished Ceilings: 13’
  • Plug & Play
  • Reception Area
  • Balcony
  • Security System
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Open-Plan
  • Wheelchair Accessible
  • Polished Concrete Flooring
  • ADA Accessible
  • 1st Floor, Ste 130
  • 1,866 SF
  • Negotiable
  • $20.60 /SF/YR $1.72 /SF/MO $38,440 /YR $3,203 /MO
  • Office/Medical
  • Full Build-Out
  • January 01, 2026

This modern, open-concept office space offers a perfect blend of functionality and style. Featuring three private offices, a convenient kitchenette, and a dedicated IT closet, it’s designed to support both collaboration and focused work. The space is enhanced by large windows that flood the area with natural light, polished concrete floors that add a sleek industrial touch, and an exposed ceiling that contributes to a contemporary, airy feel. Energy-efficient LED lighting completes the look, making this workspace both attractive and practical for today’s dynamic teams.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 3 - 15 People
  • Space is in Excellent Condition
  • Private Restrooms
  • Plug & Play
  • Exposed Ceiling
  • Natural Light
  • Bicycle Storage
  • Smoke Detector
  • Lots of Natural Light
  • Kitchenette
  • Fully Built-Out as Professional Services Office
  • Conference Rooms
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Corner Space
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Wheelchair Accessible
  • Loft-Like Professional Suite
  • 2nd Floor, Ste 210
  • 1,132 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $18,112 /YR $1,509 /MO
  • Office
  • Full Build-Out
  • Now

This 1,132-square-foot office suite offers an ideal workspace with a spacious open area, 2 private offices for added privacy, and windows that flood the space with natural light. The suite features impressive 13-foot ceilings that create an airy, inviting atmosphere, and a kitchenette. Perfectly designed for productivity and comfort, this suite is a must-see for any growing company.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 3 - 10 People
  • 1 Conference Room
  • Space is in Excellent Condition
  • Windows Flood Light In
  • Kitchenette
  • Fully Built-Out as Standard Office
  • 2 Private Offices
  • Finished Ceilings: 13’
  • Corner Suite
  • 13 Foot Ceilings
  • Garage Parking Available
  • 2nd Floor, Ste 220
  • 1,990 SF
  • Negotiable
  • $13.42 /SF/YR $1.12 /SF/MO $26,706 /YR $2,225 /MO
  • Office
  • Full Build-Out
  • Now

This 1,990-square-foot office suite offers an ideal workspace with a spacious open area, a private office for added privacy, and north-facing windows that flood the space with natural light. The suite features impressive 13-foot ceilings that create an airy, inviting atmosphere, a kitchenette, and a data closet. Perfectly designed for productivity and comfort, this suite is a must-see for any growing company.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 5 - 16 People
  • Conference Rooms
  • Plug & Play
  • Reception Area
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Professional Lease
  • North Facing Windows and Door Relights
  • Natural Light
  • Fully Built-Out as Standard Office
  • 1 Private Office
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Natural Light
  • Bicycle Storage
  • Food Service
  • Wheelchair Accessible
  • Kitchenette
  • Data Closet
  • 2nd Floor, Ste 238
  • 410 SF
  • Negotiable
  • $16.01 /SF/YR $1.33 /SF/MO $6,564 /YR $547.01 /MO
  • Office
  • Full Build-Out
  • Now

This 410-square-foot furnished private office offers a professional and stylish environment with modern finishes throughout. Featuring door and window relights, this space ensures a high level of professionalism and functionality. Ideal for businesses seeking a sleek, efficient workspace, it provides the perfect setting for focused work and productivity.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 2 - 4 People
  • Finished Ceilings: 13’
  • Plug & Play
  • Private Restrooms
  • After Hours HVAC Available
  • Professional Lease
  • Door and Window Relights
  • Fully Built-Out as Standard Office
  • Conference Rooms
  • Space is in Excellent Condition
  • Central Air and Heating
  • High Ceilings
  • Bicycle Storage
  • Furnished Private Office
  • ADA Accessible
  • 2nd Floor, Ste 240
  • 309 SF
  • Negotiable
  • $16.58 /SF/YR $1.38 /SF/MO $5,123 /YR $426.94 /MO
  • Office
  • Full Build-Out
  • Now

This 309-square-foot furnished private office offers a professional and stylish environment with modern finishes throughout. Featuring door and window relights, this space ensures a high level of professionalism and functionality. Ideal for businesses seeking a sleek, efficient workspace, it provides the perfect setting for focused work and productivity.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 1 - 3 People
  • Space is in Excellent Condition
  • Central Air and Heating
  • Exposed Ceiling
  • Shower Facilities
  • Smoke Detector
  • Furnished Waiting Area
  • Fully Built-Out as Standard Office
  • Conference Rooms
  • Plug & Play
  • Fully Carpeted
  • Bicycle Storage
  • Professional Lease
  • Wheelchair Accessible
  • ADA Accessible
  • 3rd Floor, Ste 310
  • 3,650 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $80,300 /YR $6,692 /MO
  • Office
  • Full Build-Out
  • Now

Experience a furnished, modern, ADA-accessible third-floor suite designed for productivity and comfort. This professionally managed, locally owned space features seven private offices with expansive northern and eastern views, a striking corner conference room, and a stylish breakroom complete with a kitchenette. Enjoy natural light through large windows, polished concrete floors, wood accents, and calming neutral tones throughout. A southern-facing balcony offers a relaxing retreat, while utility and IT closets provide added functionality. NNN pricing includes all utilities and janitorial services, and garage parking is available for added convenience. Elevate your workspace in a suite that combines thoughtful design with unbeatable functionality.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 7 - 16 People
  • 1 Conference Room
  • Plug & Play
  • Reception Area
  • Wi-Fi Connectivity
  • Balcony
  • Corner Space
  • Exposed Ceiling
  • Natural Light
  • Bicycle Storage
  • Hardwood Floors
  • Smoke Detector
  • Northern and Eastern Views from Offices
  • Breakroom with Kitchenette
  • ADA Accessible
  • Fully Built-Out as Standard Office
  • 7 Private Offices
  • Space is in Excellent Condition
  • Central Air and Heating
  • Laboratory
  • Print/Copy Room
  • Private Restrooms
  • High Ceilings
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Professional Lease
  • Wheelchair Accessible
  • Furnished
  • Utility / It Closets
  • Garage Parking Available
  • 3rd Floor, Ste 320
  • 2,353 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $51,766 /YR $4,314 /MO
  • Office
  • Full Build-Out
  • Now

Suite 320 is an ADA-accessible, furnished third-floor office featuring five private offices, a spacious conference room with inspiring northern views, and a breakroom with kitchenette that opens onto a west-facing deck overlooking downtown. This professionally managed, locally owned property offers polished concrete floors, neutral tone finishes, and large windows that fill the space with natural light. Additional amenities include basement storage and garage parking. NNN pricing includes all utilities and janitorial services, making Suite 320 a convenient and stylish choice for your business.

  • Fully Built-Out as Standard Office
  • 5 Private Offices
  • Space is in Excellent Condition
  • Central Air and Heating
  • Balcony
  • Exposed Ceiling
  • After Hours HVAC Available
  • Shower Facilities
  • Professional Lease
  • Wheelchair Accessible
  • Garage parking available
  • Polished Concrete Floors
  • Fits 6 - 19 People
  • 1 Conference Room
  • Plug & Play
  • Wi-Fi Connectivity
  • Private Restrooms
  • Natural Light
  • Bicycle Storage
  • Hardwood Floors
  • Smoke Detector
  • Downtown Views
  • Kitchenette
  • Furnished
  • 3rd Floor, Ste 330
  • 1,273 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $28,006 /YR $2,334 /MO
  • Office
  • Full Build-Out
  • Now

Everything you’ve been searching for in a custom office space—and more. Mt Everest Suite 330 is a beautiful professional suite with two glass-walled offices, an open concept reception area, a kitchenette, and a balcony. The suite features 13-foot ceilings and polished concrete floors and is accentuated with glass walls. Suite 330 has 1,273 square feet. Triple-net (NNN) pricing includes utilities and janitorial. This property is locally owned and professionally managed.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 11 People
  • 1 Conference Room
  • Space is in Excellent Condition
  • Reception Area
  • Balcony
  • Security System
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Fully Built-Out as Standard Office
  • 2 Private Offices
  • Finished Ceilings: 13’
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • High Ceilings
  • Natural Light
  • Bicycle Storage
  • Open-Plan
  • 3rd Floor, Ste 340
  • 747 SF
  • Negotiable
  • $22.01 /SF/YR $1.83 /SF/MO $16,441 /YR $1,370 /MO
  • Office
  • Full Build-Out
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • Fits 2 - 6 People
  • Conference Rooms
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Balcony
  • Natural Light
  • Bicycle Storage
  • Wheelchair Accessible
  • Fully Built-Out as Professional Services Office
  • 2 Private Offices
  • Finished Ceilings: 13’
  • Plug & Play
  • Reception Area
  • Private Restrooms
  • After Hours HVAC Available
  • Smoke Detector
  • 4th Floor, Ste 420
  • 1,948 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $42,856 /YR $3,571 /MO
  • Office
  • Full Build-Out
  • Now

This professional office suite has a large open area, 5 private offices, a breakroom with kitchenette, an IT closet, and a private deck on the top floor of the Waterman Building. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 5 - 16 People
  • 1 Conference Room
  • Plug & Play
  • Kitchen
  • Private Restrooms
  • Secure Storage
  • After Hours HVAC Available
  • Shower Facilities
  • Professional Lease
  • Lots of Natural Light with Large Windows
  • Private Deck
  • Fully Built-Out as Standard Office
  • 5 Private Offices
  • Space is in Excellent Condition
  • Central Air and Heating
  • Balcony
  • Corner Space
  • Natural Light
  • Bicycle Storage
  • Open-Plan
  • Modern Finishes Including Wood-Like LVP Flooring
  • Portland Views
  • 4th Floor, Ste 430
  • 1,262 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $27,764 /YR $2,314 /MO
  • Office
  • Full Build-Out
  • Now

This professional office suite has a large open area, a breakroom with a kitchenette, and a private deck on the top floor of the Waterman Building. Triple Net (NNN) pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.

  • Lease rate does not include utilities, property expenses or building services
  • Office intensive layout
  • Conference Rooms
  • Space is in Excellent Condition
  • Central Air and Heating
  • High Ceilings
  • After Hours HVAC Available
  • Shower Facilities
  • Professional Lease
  • Downtown Views
  • Lots of Natural Light
  • Fully Built-Out as Standard Office
  • Fits 4 - 11 People
  • Finished Ceilings: 13’
  • Plug & Play
  • Corner Space
  • Natural Light
  • Bicycle Storage
  • Open-Plan
  • Wheelchair Accessible
  • Garage Parking Available
  • Polished Concrete Floors
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 120 962 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $21,164 /YR $1,764 /MO Office Full Build-Out Now
1st Floor, Ste 130 1,866 SF Negotiable $20.60 /SF/YR $1.72 /SF/MO $38,440 /YR $3,203 /MO Office/Medical Full Build-Out January 01, 2026
2nd Floor, Ste 210 1,132 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $18,112 /YR $1,509 /MO Office Full Build-Out Now
2nd Floor, Ste 220 1,990 SF Negotiable $13.42 /SF/YR $1.12 /SF/MO $26,706 /YR $2,225 /MO Office Full Build-Out Now
2nd Floor, Ste 238 410 SF Negotiable $16.01 /SF/YR $1.33 /SF/MO $6,564 /YR $547.01 /MO Office Full Build-Out Now
2nd Floor, Ste 240 309 SF Negotiable $16.58 /SF/YR $1.38 /SF/MO $5,123 /YR $426.94 /MO Office Full Build-Out Now
3rd Floor, Ste 310 3,650 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $80,300 /YR $6,692 /MO Office Full Build-Out Now
3rd Floor, Ste 320 2,353 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $51,766 /YR $4,314 /MO Office Full Build-Out Now
3rd Floor, Ste 330 1,273 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $28,006 /YR $2,334 /MO Office Full Build-Out Now
3rd Floor, Ste 340 747 SF Negotiable $22.01 /SF/YR $1.83 /SF/MO $16,441 /YR $1,370 /MO Office Full Build-Out Now
4th Floor, Ste 420 1,948 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $42,856 /YR $3,571 /MO Office Full Build-Out Now
4th Floor, Ste 430 1,262 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $27,764 /YR $2,314 /MO Office Full Build-Out Now

1st Floor, Ste 120

Size
962 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $21,164 /YR $1,764 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor, Ste 130

Size
1,866 SF
Term
Negotiable
Rental Rate
$20.60 /SF/YR $1.72 /SF/MO $38,440 /YR $3,203 /MO
Space Use
Office/Medical
Condition
Full Build-Out
Available
January 01, 2026

2nd Floor, Ste 210

Size
1,132 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $18,112 /YR $1,509 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor, Ste 220

Size
1,990 SF
Term
Negotiable
Rental Rate
$13.42 /SF/YR $1.12 /SF/MO $26,706 /YR $2,225 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor, Ste 238

Size
410 SF
Term
Negotiable
Rental Rate
$16.01 /SF/YR $1.33 /SF/MO $6,564 /YR $547.01 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor, Ste 240

Size
309 SF
Term
Negotiable
Rental Rate
$16.58 /SF/YR $1.38 /SF/MO $5,123 /YR $426.94 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 310

Size
3,650 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $80,300 /YR $6,692 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 320

Size
2,353 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $51,766 /YR $4,314 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 330

Size
1,273 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $28,006 /YR $2,334 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 340

Size
747 SF
Term
Negotiable
Rental Rate
$22.01 /SF/YR $1.83 /SF/MO $16,441 /YR $1,370 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor, Ste 420

Size
1,948 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $42,856 /YR $3,571 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor, Ste 430

Size
1,262 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $27,764 /YR $2,314 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor, Ste 120

Size 962 SF
Term Negotiable
Rental Rate $22.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

Everything you’ve been searching for in a custom office space and more. Mt Everest Suite 120 is a beautiful professional suite with a private office and glass-walled conference room (or second office), and an open concept reception area. The suite features 13-foot ceilings and polished concrete floors and is accentuated with glass walls. Utilities and janitorial are included in the monthly rent.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 3 - 8 People
  • 2 Private Offices
  • 1 Conference Room
  • Finished Ceilings: 13’
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Reception Area
  • Wi-Fi Connectivity
  • Balcony
  • Private Restrooms
  • Security System
  • High Ceilings
  • Secure Storage
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • DDA Compliant
  • Open-Plan
  • Smoke Detector
  • Wheelchair Accessible
  • Lots of Natural Light
  • Polished Concrete Flooring
  • Vaulted Ceilings
  • ADA Accessible

1st Floor, Ste 130

Size 1,866 SF
Term Negotiable
Rental Rate $20.60 /SF/YR
Space Use Office/Medical
Condition Full Build-Out
Available January 01, 2026

This modern, open-concept office space offers a perfect blend of functionality and style. Featuring three private offices, a convenient kitchenette, and a dedicated IT closet, it’s designed to support both collaboration and focused work. The space is enhanced by large windows that flood the area with natural light, polished concrete floors that add a sleek industrial touch, and an exposed ceiling that contributes to a contemporary, airy feel. Energy-efficient LED lighting completes the look, making this workspace both attractive and practical for today’s dynamic teams.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Fits 3 - 15 People
  • Conference Rooms
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Wi-Fi Connectivity
  • Plug & Play
  • Corner Space
  • Exposed Ceiling
  • Secure Storage
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • Smoke Detector
  • Wheelchair Accessible
  • Lots of Natural Light
  • Loft-Like Professional Suite
  • Kitchenette

2nd Floor, Ste 210

Size 1,132 SF
Term Negotiable
Rental Rate $16.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

This 1,132-square-foot office suite offers an ideal workspace with a spacious open area, 2 private offices for added privacy, and windows that flood the space with natural light. The suite features impressive 13-foot ceilings that create an airy, inviting atmosphere, and a kitchenette. Perfectly designed for productivity and comfort, this suite is a must-see for any growing company.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 3 - 10 People
  • 2 Private Offices
  • 1 Conference Room
  • Finished Ceilings: 13’
  • Space is in Excellent Condition
  • Corner Suite
  • Windows Flood Light In
  • 13 Foot Ceilings
  • Kitchenette
  • Garage Parking Available

2nd Floor, Ste 220

Size 1,990 SF
Term Negotiable
Rental Rate $13.42 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

This 1,990-square-foot office suite offers an ideal workspace with a spacious open area, a private office for added privacy, and north-facing windows that flood the space with natural light. The suite features impressive 13-foot ceilings that create an airy, inviting atmosphere, a kitchenette, and a data closet. Perfectly designed for productivity and comfort, this suite is a must-see for any growing company.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 5 - 16 People
  • 1 Private Office
  • Conference Rooms
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Reception Area
  • Private Restrooms
  • Secure Storage
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • Food Service
  • Professional Lease
  • Wheelchair Accessible
  • North Facing Windows and Door Relights
  • Kitchenette
  • Natural Light
  • Data Closet

2nd Floor, Ste 238

Size 410 SF
Term Negotiable
Rental Rate $16.01 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

This 410-square-foot furnished private office offers a professional and stylish environment with modern finishes throughout. Featuring door and window relights, this space ensures a high level of professionalism and functionality. Ideal for businesses seeking a sleek, efficient workspace, it provides the perfect setting for focused work and productivity.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 2 - 4 People
  • Conference Rooms
  • Finished Ceilings: 13’
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • After Hours HVAC Available
  • Bicycle Storage
  • Professional Lease
  • Furnished Private Office
  • Door and Window Relights
  • ADA Accessible

2nd Floor, Ste 240

Size 309 SF
Term Negotiable
Rental Rate $16.58 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

This 309-square-foot furnished private office offers a professional and stylish environment with modern finishes throughout. Featuring door and window relights, this space ensures a high level of professionalism and functionality. Ideal for businesses seeking a sleek, efficient workspace, it provides the perfect setting for focused work and productivity.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 1 - 3 People
  • Conference Rooms
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Fully Carpeted
  • Exposed Ceiling
  • Bicycle Storage
  • Shower Facilities
  • Professional Lease
  • Smoke Detector
  • Wheelchair Accessible
  • Furnished Waiting Area
  • ADA Accessible

3rd Floor, Ste 310

Size 3,650 SF
Term Negotiable
Rental Rate $22.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

Experience a furnished, modern, ADA-accessible third-floor suite designed for productivity and comfort. This professionally managed, locally owned space features seven private offices with expansive northern and eastern views, a striking corner conference room, and a stylish breakroom complete with a kitchenette. Enjoy natural light through large windows, polished concrete floors, wood accents, and calming neutral tones throughout. A southern-facing balcony offers a relaxing retreat, while utility and IT closets provide added functionality. NNN pricing includes all utilities and janitorial services, and garage parking is available for added convenience. Elevate your workspace in a suite that combines thoughtful design with unbeatable functionality.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 7 - 16 People
  • 7 Private Offices
  • 1 Conference Room
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Reception Area
  • Laboratory
  • Wi-Fi Connectivity
  • Print/Copy Room
  • Balcony
  • Private Restrooms
  • Corner Space
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • Hardwood Floors
  • Professional Lease
  • Smoke Detector
  • Wheelchair Accessible
  • Northern and Eastern Views from Offices
  • Furnished
  • Breakroom with Kitchenette
  • Utility / It Closets
  • ADA Accessible
  • Garage Parking Available

3rd Floor, Ste 320

Size 2,353 SF
Term Negotiable
Rental Rate $22.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

Suite 320 is an ADA-accessible, furnished third-floor office featuring five private offices, a spacious conference room with inspiring northern views, and a breakroom with kitchenette that opens onto a west-facing deck overlooking downtown. This professionally managed, locally owned property offers polished concrete floors, neutral tone finishes, and large windows that fill the space with natural light. Additional amenities include basement storage and garage parking. NNN pricing includes all utilities and janitorial services, making Suite 320 a convenient and stylish choice for your business.

  • Fully Built-Out as Standard Office
  • Fits 6 - 19 People
  • 5 Private Offices
  • 1 Conference Room
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Balcony
  • Private Restrooms
  • Exposed Ceiling
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • Hardwood Floors
  • Professional Lease
  • Smoke Detector
  • Wheelchair Accessible
  • Downtown Views
  • Garage parking available
  • Kitchenette
  • Polished Concrete Floors
  • Furnished

3rd Floor, Ste 330

Size 1,273 SF
Term Negotiable
Rental Rate $22.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

Everything you’ve been searching for in a custom office space—and more. Mt Everest Suite 330 is a beautiful professional suite with two glass-walled offices, an open concept reception area, a kitchenette, and a balcony. The suite features 13-foot ceilings and polished concrete floors and is accentuated with glass walls. Suite 330 has 1,273 square feet. Triple-net (NNN) pricing includes utilities and janitorial. This property is locally owned and professionally managed.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 4 - 11 People
  • 2 Private Offices
  • 1 Conference Room
  • Finished Ceilings: 13’
  • Space is in Excellent Condition
  • Central Air and Heating
  • Reception Area
  • Kitchen
  • Balcony
  • Private Restrooms
  • Security System
  • High Ceilings
  • Secure Storage
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • Open-Plan

3rd Floor, Ste 340

Size 747 SF
Term Negotiable
Rental Rate $22.01 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Fits 2 - 6 People
  • 2 Private Offices
  • Conference Rooms
  • Finished Ceilings: 13’
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air Conditioning
  • Reception Area
  • Balcony
  • Private Restrooms
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Smoke Detector
  • Wheelchair Accessible

4th Floor, Ste 420

Size 1,948 SF
Term Negotiable
Rental Rate $22.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

This professional office suite has a large open area, 5 private offices, a breakroom with kitchenette, an IT closet, and a private deck on the top floor of the Waterman Building. NNN pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 5 - 16 People
  • 5 Private Offices
  • 1 Conference Room
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Kitchen
  • Balcony
  • Private Restrooms
  • Corner Space
  • Secure Storage
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • Open-Plan
  • Professional Lease
  • Modern Finishes Including Wood-Like LVP Flooring
  • Lots of Natural Light with Large Windows
  • Portland Views
  • Private Deck

4th Floor, Ste 430

Size 1,262 SF
Term Negotiable
Rental Rate $22.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

This professional office suite has a large open area, a breakroom with a kitchenette, and a private deck on the top floor of the Waterman Building. Triple Net (NNN) pricing includes all utilities and janitorial services. This property is locally owned and professionally managed.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Fits 4 - 11 People
  • Conference Rooms
  • Finished Ceilings: 13’
  • Space is in Excellent Condition
  • Plug & Play
  • Central Air and Heating
  • Corner Space
  • High Ceilings
  • Natural Light
  • After Hours HVAC Available
  • Bicycle Storage
  • Shower Facilities
  • Open-Plan
  • Professional Lease
  • Wheelchair Accessible
  • Downtown Views
  • Garage Parking Available
  • Lots of Natural Light
  • Polished Concrete Floors

MATTERPORT 3D TOURS

Explore Suite 120

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PROPERTY OVERVIEW

The Waterman Building is an ADA accessible refined mixed-use building with a basement, storefront restaurant/retail, four floors of modern professional office space, and select custom office community amenities. Step into the building and be greeted by a state-of-the-art lobby with comfy seating options, a fireplace, fountains, shared workspaces, commuter showers, and gender-neutral private restrooms. Tenants can enjoy a restaurant on the first floor to meet with clients and a conference room if extra space is needed for business meetings. Portland’s Central Eastside neighborhood has a nouveau-industrial chic personality, and these office spaces perfectly mirror that creative and artistic funky vibe. The Waterman Building is located just minutes from some of the trendiest restaurants, brew pubs, and coffee houses. After work, employees can hop on a bike and check out Portland’s vibrant Eastside Esplanade and bridges connecting to the downtown core and numerous riverfront parks. This building is conveniently located adjacent to accessible transit options like bus lines, streetcars, and light rail. In addition to the properties, easy connections via walking and driving to Interstate 5, Hawthorne, and Morrison Bridges. There is secure parking available in the property's adjacent garage, as well as the district has many parking options, from daily to monthly parking spaces. For bike commuters, the building includes convenient and secure bike storage, in addition to a bike service and repair area. The Waterman Building is locally owned and managed. To take a tour or learn more about this beautiful space, please get in touch with North Rim today.

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Restaurant
  • Security System
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1912/2014
Building Height
5 Stories
Building Size
32,000 SF
Building Class
B
Typical Floor Size
8,265 SF
Unfinished Ceiling Height
10’
Parking
Covered Parking

SELECT TENANTS

  • FLOOR
  • TENANT NAME
  • INDUSTRY
  • 1st
  • Wolfs Head
  • Accommodation and Food Services

MARKETING BROCHURE

Walk Score®
Very Walkable (76)
Transit Score®
Excellent Transit (83)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY AMENITIES

HOSPITALS

Legacy Good Samaritan Medical Center Acute Care 9 min drive 2.5 mi
Shriners Hospital for Children - Portland Children's 8 min drive 2.8 mi
OHSU Hospital and Clinics Acute Care 9 min drive 2.9 mi
Legacy Emanuel Medical Center Acute Care 9 min drive 3.4 mi
Providence Portland Medical Center Acute Care 10 min drive 5 mi

RESTAURANTS

XinhXinh Vietnamese Bistro Vietnamese $$$ 9 min walk
Rollin' Fresh Japanese $ 10 min walk
Soupcycle - - 10 min walk
Montage Ala Cart Mexican - 10 min walk
Ground Up Pdx - - 10 min walk
Tiny's Coffee Coffee $ 12 min walk
Shalom Y'all American $$$ 13 min walk
Subway - - 13 min walk
Lardo Sandwiches $$ 13 min walk
Clarklewis American $$$ 14 min walk

RETAIL

7-Eleven Convenience Market 10 min walk
United States Postal Service Business/Copy/Postal Services 10 min walk
Corepower Yoga Fitness 13 min walk
Orangetheory Fitness Fitness 14 min walk
Chase Bank 14 min walk
Jacksons Convenience Market 14 min walk
Office Depot Office Supply 18 min walk
New Seasons Market Supermarket 21 min walk

HOTELS

Marriott
506 rooms
3 min drive
Hilton
327 rooms
4 min drive
Curio Collection by Hilton
294 rooms
3 min drive
Luxury Collection
331 rooms
4 min drive

ABOUT BUCKMAN AND KERNS

In less than a decade, there’s been a transformation in the Buckman and Kerns neighborhoods. A wave of luxury apartment and creative office development, along with the steady rise of local retailers, restaurants, and co-working space, has benefited local employers and residents alike. With a rapidly expanding base of apartment renters – often well-paid urban professionals –a long list of additional luxury apartment developments is set to soon open their doors. The influx of new residents offers a well-educated pool of potential employees for nearby companies.

Buckman and Kerns are receiving an influx of new creative office space, with new, ground-up developments opening their doors alongside converted older buildings, often former industrial space. New creative space is proving particularly attractive to tech companies and startups. Notable local tenants include Autodesk, Simple, Viewpoint Construction Software, and children’s clothing company Hanna Andersson.

Despite the abundance of newly built and newly renovated space, office rents in the area are far below rates in Downtown Portland to the west. With available space ranging from the traditional to the whimsical, prospective office tenants can be choosy. And as newly built and renovated space continues coming online, both the quantity and quality of available space is on the rise.

LEASING AGENT

LEASING AGENT

Matthew Schweitzer, President
Matt graduated from Portland’s Lewis & Clark College in 1992 and soon began his real estate career as a Property Manager at Bluestone & Hockley Realty. He later joined Norris & Stevens Realtors, continuing in the same role and gaining valuable experience across a wide range of property types, including single-family homes, multi-family complexes, retail centers, office buildings, industrial properties, and mixed-use developments.

In 1995, Matt teamed up with Jeffrey Weitz, founder of North Rim, taking on responsibilities in property management, leasing, and sales. Since then, he has played a key role in the company's growth and success, and today, he leads North Rim as its President.

ABOUT THE OWNER

Read More

ABOUT THE ARCHITECT

Read More
  • Listing ID: 8890913

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 80 SE Madison St, Portland, OR 97214

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The Waterman Building | 80 SE Madison St

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