River East Listing Details & Market Data

1515 SE Water Ave, Portland, OR 97214

  • For Lease Contact for pricing
  • 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

Spaces Available

Contacts

broker

Lee Morrison

Lincoln Property Company

(503) 224-1193

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (68)

  • Transit Score ®

    Excellent Transit (84)

  • Bike Score ®

    Biker's Paradise (99)
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  • 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

  • Noraneko

    0.06 miles

  • Stacked Sandwich Shop

    0.17 miles

  • Pixie Retreat Raw’r Laboratorie & Makery

    0.20 miles

  • Clark Lewis

    0.24 miles

  • Boke Bowl

    0.25 miles

  • Shalom Y'all

    0.25 miles

  • Theory

    0.29 miles

  • Brazakaya

    0.32 miles

  • Newport Seafood Grill

    0.32 miles

  • Renata

    0.37 miles

  • Portland Community College CLIMB Center

    0.10 miles

  • The Northwest Woodworking Studio

    0.51 miles

  • Portland Community College Downtown Center

    0.55 miles

  • Maitripa College

    0.59 miles

  • School of Dentistry

    0.65 miles

  • The International School

    0.66 miles

  • Robertson Life Sciences Building

    0.66 miles

  • Saint Mary's Academy

    0.74 miles

  • Portland State University

    0.82 miles

  • National University of Natural Medicine

    0.82 miles

  • Moda Tower Child Development Center

    0.61 miles

  • Joyful Noise

    0.65 miles

  • KinderCare

    0.68 miles

  • Saint James Child Development Center

    0.91 miles

  • Healthy Starts Children's Center

    0.94 miles

  • Montessori Children's House

    1.06 miles

  • Helen Gordon Child Development Center

    1.07 miles

  • New Day School

    1.09 miles

  • MetroKids Playground

    1.11 miles

  • The Children's Garden

    1.17 miles

Contact Listing Broker

broker

Lee Morrison

Lincoln Property Company

(503) 224-1193

  1. 1Main information
  2. 2Extra information