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80 SE Madison St
Portland, OR 97214 Central Eastside

$427 - $6,692 USD/MO

Loft Creative Space For Lease  •  309+ SF

Property Details

  • Property Type Loft Creative Space
  • Year Built 1912
  • Total Building Size 32,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning IG1
83 Transit Score
76 Walk Score

12 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 120 Office 962 SF $22.00 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
1st Floor Ste 130 Medical Office 1,866 SF $20.60 USD/SF/YR 
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.

  • Date available: Jan 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Professional Services
  • Space Type: Relet
2nd Floor Ste 210 Office 1,132 SF $16.00 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
2nd Floor Ste 220 Office 1,990 SF $13.42 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
2nd Floor Ste 238 Office 410 SF $16.01 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
2nd Floor Ste 240 Office 309 SF $16.58 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste 310 Office 3,650 SF $22.00 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste 320 Office 2,353 SF $22.00 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste 330 Office 1,273 SF $22.00 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste 340 Office 747 SF $22.01 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Professional Services
  • Space Type: Relet
4th Floor Ste 420 Office 1,948 SF $22.00 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
4th Floor Ste 430 Office 1,262 SF $22.00 USD/SF/YR 
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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet

Description 

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.

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

Property Flyers

Amenities

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

Major Tenants

Tenant SF Occupied Lease End Date
Wolfs Head

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 6 min - 1.7 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 16 min - 8.5 mi
Transit/SubwayDriveWalkDistance
Se Grand & Hawthorne (Portland Streetcar - B Loop - Portland Streetcar) 3 min 4 min 0.2 mi
Se M L King & Hawthorne (Portland Streetcar - A Loop - Portland Streetcar) 4 min 5 min 0.3 mi
Se Grand & Taylor (Portland Streetcar - B Loop - Portland Streetcar) 4 min 8 min 0.5 mi
Se M L King & Taylor (Portland Streetcar - A Loop - Portland Streetcar) 4 min 10 min 0.5 mi
Se M L King & Mill (Portland Streetcar - A Loop - Portland Streetcar) 3 min 11 min 0.6 mi
AirportDriveWalkDistance
Portland International 23 min - 13.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Matthew Schweitzer 971-386-0177 North Rim
Matthew Schweitzer 971-386-0177 North Rim