River East

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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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 ®

    68/100 Somewhat Walkable

  • Transit Score ®

    84/100 Excellent Transit

  • Bike Score ®

    99/100 Biker's Paradise
Powered by Walk Score ®
  • 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

  • RiverPlace

    0.38 miles

  • Portland Marriott Downtown Waterfront

    0.47 miles

  • Hyatt House Portland/Downtown

    0.47 miles

  • Residence Inn

    0.50 miles

  • Hotel Rose

    0.50 miles

  • Porter Hotel

    0.54 miles

  • Hotel Grand Stark

    0.56 miles

  • AC Hotel

    0.58 miles

  • Autograph Collection

    0.71 miles

  • Hotel Modera

    0.72 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

Frequently Asked Questions

How much does office space cost at River East?

The price for office space for lease at River East is available upon request. The cost of leasing office space can depend on the position of the space within the building, the location of the property, the quality rating, amenities on-site or nearby, as well as if the office space you are looking at comes with attributes that are unique to it.

What office space is available at River East?

In total, there are 69,210 square feet of office space for rent at River East. Availability at this location includes general office and street retail. If you are interested in finding out more, you can easily reach out to schedule a tour using the contact form at the top of this page.

Can I find office space for a small business at River East?

Available office space at River East starts at 777 square feet. According to general recommendations of 75 to 150 square feet of office space per person, this can work for a minimum of 5 people. For detailed information on optimal divisible space options for your business needs, contact the listing broker to schedule a tour.

Can I find office space for a large business at River East?

Office space available at River East provides up to 38,771 square feet, which can accommodate a maximum of 516 people, according to recommendations of between 75 and 150 square feet of office space per person. For a better understanding of how this space could work for you, reach out to schedule a tour.

Is River East a good location for office space?

River East is located in the Hosford - Abernethy neighborhood of Portland. River East was first completed in 1952. The most recent renovation at this location was done in 2007. Office space here is rated class B. Reach out to the leasing representative for more detailed information on the most modern facilities and amenities at the property.

Area amenities within half a mile of this location include 1 educational institution(s), 10 restaurant or other dining establishment(s), 3 hotel, motel, or other accommodation.

Does River East have parking?

See listing location information regarding the nearest points of interest in the area. Contact the property representative for details on what the best vehicle access and parking options are near 1515 SE Water Ave. For your consideration, River East is located within 0.5 miles of 4 parking option(s) and 2 fuel station(s).

How do I lease office space at River East?

If you want to find out more about the lease terms and office space availability at River East, fill out the contact form to schedule a tour or reach out to the property representatives using the contact details provided here to ask for any additional information that you might be interested in.

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

Lee Morrison

Lincoln Property Company

(503) 224-1193

  1. 1Main information
  2. 2Extra information