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  1. Office Space
  2. OR
  3. Portland
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For Lease

Freimann Building

240 Southwest 1st Avenue, Portland, OR 97204

7,885

SF Available
• Many nearby amenities including hotels, restaurants, bars, and shops • Direct access to the Max light rail lineStand alone office building available for sale or lease in the heart of downtown Portland. • Office/Mezz: ± 4,910 • Basement: ± 2,975Stand-alone office building available in the heart of downtown Portland

Key features

  • Built out as best in class creative office
  • Direct access to the Max light rail line
  • Many nearby amenities including hotels, restaurants, bars, and shops.
  • On-site early AM cleanup
  • Professionally managed. Supervisor only works area buildings.
  • Secure entries
  • Steel and reinforced masonry with complete seismic upgrade

Rental Details

  • Number of spaces 1
  • Total square feet available 7,885 SF
  • For Lease $15.00/SF/YR
  • Space Types Office
  • Lease Type Full Service
  • Date Updated Jan 15, 2026
Want more info on this listing?

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

True

For Lease 1 Space Available

240 SW FIRST AVE

  • Space Type Office
  • Lease Rate $15.00/SF/YR
  • Total Space Available 7,885 SF
  • Divisible Space 7,885 - 7,885 SF
  • Available Date Immediate
  • Lease Type Full Service
  • Renewal Option Yes
  • Sublease No

• Office/Mezz: ± 4,910 SF • Basement: ± 2,975 SF • Land area: 2,500 SF

broker
Duane Link

Norris & Stevens

Contacts

broker
Duane Link

Norris & Stevens

Building Details

  • For Lease $15.00/SF/YR
  • Property Type Office - General Office
  • Property Size 7,885 SF
  • Lot Size 0.06 Acre
  • Building Class C
  • Year Built 2003
  • Date Updated Jan 15, 2026

Getting Around

  • Walk Score ®

    Walker's Paradise (97)
  • Transit Score ®

    Rider's Paradise (92)
  • Bike Score ®

    Biker's Paradise (95)
Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Old Town Portland - Chinatown
  • Zip Code 97204
  • Market Portland
  • Map
  • Street

Points of Interest

Northwest 5th & Couch

0.31 miles

Galleria/Southwest 10th Avenue

0.48 miles

Southwest 10th & Alder

0.48 miles

Library/Southwest 9th Avenue

0.49 miles

Northwest 10th & Couch

0.50 miles

Union Station/Northwest 6th & Hoyt

0.50 miles

Southwest 11th & Alder

0.53 miles

Southwest 11th & Taylor

0.59 miles

Southeast Martin Luther King & Taylor

0.63 miles

Chevron

0.22 miles

PGE Electric Avenue Downtown Portland

0.35 miles

Tesla Supercharger

0.44 miles

Shell

0.53 miles

Pacific Pride

0.65 miles

ChargePoint

0.67 miles

Kwik-Gas

0.69 miles

76

1.16 miles

EVgo

1.47 miles

City Center Parking

0.04 miles

SP+

0.06 miles

Ace

0.14 miles

Enterprise

0.18 miles

Avis

0.19 miles

Washman

0.57 miles

Kaady Car Wash

0.93 miles

Uptown Auto Detail

0.94 miles

Lara Detail

1.68 miles

Splash-n-Dash Car Wash

1.85 miles

Shell

2.27 miles

Astro Jet

2.87 miles

Buranko Cafe

0.04 miles

Portland Burger

0.05 miles

Shanghai's Best

0.07 miles

Asian Station

0.07 miles

Pine Street Market

0.07 miles

OP Wurst

0.07 miles

Matsunoki Ramen+Chicken

0.07 miles

El Pilón

0.07 miles

Lechon

0.07 miles

Nordstrom

0.42 miles

Sheridan Fruit Company

0.47 miles

World Foods

0.49 miles

Whole Foods Market

0.60 miles

Safeway

0.71 miles

Market of Choice

0.87 miles

Fred Meyer

1.04 miles

Trader Joe's

1.18 miles

Ross

1.26 miles

Old Town Precinct

0.25 miles

Old Town Clinic

0.36 miles

CVS Pharmacy

0.37 miles

Downtown Community Public Safety Office

0.42 miles

Portland Police Bureau

0.43 miles

Multnomah County STD Clinic

0.55 miles

Multnomah County Health Department

0.55 miles

Passport Health Portland Travel Clinic

0.57 miles

ZoomCare

0.58 miles

240 Southwest 1st Avenue Listing Summary

  • Office Space Available at 240 Southwest 1st Avenue

    Office space currently available at 240 Southwest 1st Avenue adds up to a total of 7,885 square feet across 1 listing(s). The largest individual space listed offers 7,885 square feet. Property use types available for lease at this property include: office.

  • Learn More about 240 Southwest 1st Avenue

    240 Southwest 1st Avenue is located in the Portland market and pertains to the 97204 zip code. The property incorporates a total of 7,885 square feet of space. 240 Southwest 1st Avenue was built in 2003.

    Interested in researching more about this property? Access in-depth research on 240 Southwest 1st Avenue, including ownership details, transaction history, property characteristics, taxes, mortgage data, violations and more by creating a free account and viewing the full property report.

  • Get to Know the Neighborhood

    In the Old Town Portland - Chinatown neighborhood, where 240 Southwest 1st Avenue is located, you can currently find 17 office space(s) for rent. In total, this amounts to 242,092 square feet of available office space for lease opportunities.

Contact Listing Broker
broker
Duane Link

Norris & Stevens

  1. 1Main information
  2. 2Extra information
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