Waterman Building

80 SE Madison Street, Portland, OR 97214

  • For Lease $12.38 - $28.04/SF/YR
  • Property Type Mixed Use
  • Property Size 32,000 SF
  • Lot Size 0.18 Acre
  • Additional Rent Contact for pricing
  • # of Floors 5
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1912
  • Date Updated Nov 12, 2024
  • Building Hours 24
  • HVAC Hours 24

The Waterman Building is a refined mixed-use building home to a basement, storefront restaurant/retail, and four floors of modern professional office space, as well as 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, and unisex restrooms and showers. Tenants can enjoy a new restaurant on the first floor to meet with clients and a shared 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, street cars, and light rail. In addition to the properties, easy connections via walking and driving to Interstate 5, Hawthorne, and Morrison Bridges. 

      

The district has many parking options, from daily to monthly parking spaces. For bike commuters, the building includes convenient and secure bike storage, a bike service and repair area, and private storage lockers. The Waterman Building is locally owned and managed. To take a virtual tour or learn more about this beautiful space, please get in touch with North Rim today.

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Attachments

Highlights

  • Near Downtown Bridges, Highways I-5, I-84, and 99E
  • Garage Parking
  • Shared Conference Room
  • Commuter Showers
  • Bike Storage
  • 13 Ft Ceilings
  • Restaurant on 1st Floor
  • Secure Buildng Entry
  • Locally Owned and Professionally Managed

Spaces Available

Contacts

broker

Kate Schweitzer

North Rim

broker

Tricia Anderson

broker

Matt Schweitzer

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable
  • Transit Score ®

    83/100 Excellent Transit
  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Buckman
  • Zip Code 97214
  • Market Portland

Points of Interest

  • Southeast Martin Luther King & Taylor

    0.21 miles

  • Southeast Martin Luther King & Mill

    0.27 miles

  • Southeast Grand & Mill

    0.29 miles

  • Southeast Water/OMSI

    0.41 miles

  • Oak Street/Southwest 1st Avenue

    0.61 miles

  • PSU Urban Center

    0.82 miles

  • PSU South/Southwest 5th & Jackson

    0.90 miles

  • Southwest Market & Park

    0.91 miles

  • Library/Southwest 9th Avenue

    0.93 miles

  • Northwest 5th & Couch

    0.93 miles

  • Shell

    0.42 miles

  • Kwik-Gas

    0.46 miles

  • Blink

    0.47 miles

  • Pacific Pride

    0.48 miles

  • PGE Electric Avenue Downtown Portland

    0.52 miles

  • ChargePoint

    0.55 miles

  • Chevron

    0.57 miles

  • Tesla Supercharger

    0.84 miles

  • Arco

    1.00 miles

  • Electrify America

    1.99 miles

  • Waterman Building Parking Annex

    0.02 miles

  • Oregon Museum of Science and Industry

    0.20 miles

  • U-Park

    0.47 miles

  • SmartPark

    0.54 miles

  • City Center Parking

    0.55 miles

  • Crown Plaza Parking

    0.58 miles

  • RiverPlace

    0.45 miles

  • Hotel Grand Stark

    0.48 miles

  • Hotel Rose

    0.50 miles

  • Portland Marriott Downtown Waterfront

    0.52 miles

  • Hyatt House

    0.55 miles

  • Porter Hotel

    0.59 miles

  • Residence Inn

    0.59 miles

  • AC Hotel

    0.59 miles

  • Marriott

    0.70 miles

  • The Duniway Portland

    0.74 miles

  • Menya Hokusei

    0.00 miles

  • Wu-Rons

    0.03 miles

  • Wonderlove

    0.11 miles

  • Shalom Y'all

    0.17 miles

  • Clark Lewis

    0.18 miles

  • Pixie Retreat Raw’r Laboratorie & Makery

    0.18 miles

  • Boke Bowl

    0.18 miles

  • lulubowls

    0.23 miles

  • Capriotti's Sandwich Shop

    0.23 miles

  • Thai Dash

    0.23 miles

  • Portland Community College CLIMB Center

    0.14 miles

  • Maitripa College

    0.54 miles

  • The International School

    0.74 miles

  • Saint Mary's Academy

    0.79 miles

  • Abernethy Elementary School

    0.81 miles

  • Bridges Middle School

    0.84 miles

  • National University of Natural Medicine

    0.90 miles

  • Portland State University

    0.92 miles

  • NW Film Center

    0.93 miles

  • Buckman Elementary School

    0.95 miles

  • Moda Tower Child Development Center

    0.61 miles

  • Joyful Noise

    0.63 miles

  • KinderCare

    0.72 miles

  • Escuela Viva

    0.78 miles

  • Saint James Child Development Center

    0.95 miles

  • Healthy Starts Children's Center

    1.02 miles

  • MetroKids Playground

    1.03 miles

  • ChildRoots Southeast Center

    1.06 miles

  • New Day School

    1.08 miles

  • Helen Gordon Child Development Center

    1.12 miles

Frequently Asked Questions

What is the lease rate for Waterman Building?

Rental asking rate at Waterman Building is $20.21/SF/YR.

How many office spaces are available at Waterman Building?

There are currently 9 office spaces in this building.

What is the largest space available at Waterman Building?

Currently, the largest rentable space at Waterman Building totals 4,875 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at Waterman Building is $28.04/SF/YR.

What is the total square footage of Waterman Building?

Waterman Building totals 32,000 square feet.

When was this property built?

Waterman Building was built in 1912.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Kate Schweitzer

North Rim

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