- For Lease $20.00 - $25.00/SF/YR
- Property Type Office - General Office
- Property Size 215,983 SF
- Lot Size 0.92 Acre
- Parking Spaces Avail. 228
- Parking Ratio 1.06 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 1981
- Date Updated May 19, 2026
Description
1515 Market Square is a 215,983-square-foot, Class A office building set on a 0.92-acre lot with 228 parking spaces and a parking ratio of 1.06 spaces per 1,000 square feet. Built in 1981, this high-quality property provides a professional environment suited to a range of business needs. Strategically located in Downtown Portland, it offers tenants a central location within a vibrant business district.
The surrounding Downtown Portland area provides convenient access to transportation hubs, dining options, and amenities. Public transit is readily available, with the PSU Urban Center station approximately 0.1 miles away and multiple stops within a half-mile radius. Nearby dining options include Zags Restaurant & Patio, Pizza Jerk, and Raven & Rose, all within a short walk. Local accommodations such as The Hotel Zags and Hotel Vance are less than 0.2 miles away, making it easy for visiting clients and guests to find lodging. Additional amenities include City Center Parking located just steps away and the Portland Food Hall roughly 0.4 miles from the property.
True
25 Spaces Available
1510 SW 6th Avenue
Retail
$22.00/SF/YR
2,140 SF
2,140 - 2,140 SF
Immediate
Modified Gross
Yes
No
1515 SW 5th Avenue #1000
General Office
$25.00/SF/YR
19,100 SF
19,100 - 19,100 SF
Immediate
Full Service
Yes
No
1515 SW 5th Avenue #102
General Office
$20.00/SF/YR
2,716 SF
2,716 - 2,716 SF
Immediate
Full Service
Yes
No
1515 SW 5th Avenue #1020
General Office
$25.00/SF/YR
2,750 SF
2,750 - 2,750 SF
Immediate
Full Service
Yes
No
1515 SW 5th Avenue #1028
General Office
$25.00/SF/YR
634 SF
634 - 634 SF
Immediate
Full Service
Yes
No
Contacts
American Property Management
Location
Located at 1515 SW 5th Avenue, Portland, OR 97201, this property is part of the Downtown Portland neighborhood and Portland market.
American Property Management
