Fully equipped restaurant suite with floor-to-ceiling windows, ADA access, and a highly visible corner location.
Space Size1,941 SF
Days on Market213
Property Features for 106 NE Grand Ave
General Information
Standard statusActive
Size1,941 SF
Property subtypeRETAIL
Lease TypeNNN
Site & Location
NeighborhoodKerns
Restaurant
Commercial HoodYes
Grease TrapYes
Equipment IncludedYes
Amenities
ADA access
private ADA gender neutral restrooms
additional storage
Spaces For Lease
at 106 NE Grand Ave
106 NE Grand Ave$41.50/SF/Yr
Floor1
Size1,941 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- This suite will be customized to suite your business' needs. The beautiful space with floor-to-ceiling windows and high ceilings located in Portland's Central City. With expansive windows, ADA access, and a highly visible prime corner, this is a unique opportunity for a landmark location for a new or existing restaurant or bar. North Rim specializes in building plug and play restaurants, production kitchens, as well as excellent value, high quality commercial real estate throughout Portland. This fully equipped restaurant space offers everything you need to operate a successful dining establishment. The kitchen is fitted with top-of-the-line equipment, including a Type 1 6-ft hood with suppression and venting and a Type 2 hood for vapor from the dishwasher, plus grease trap. The space also includes essential plumbing features such as a 3-compartment sink, a prep sink, a hand sink, and two floor sinks, ensuring seamless food preparation and cleanliness. For dishwashing, there is a tall upright corner dishwasher. Under the hood, you’ll find a convection oven, a 6-burner stove with oven, and a fryer, providing versatility and efficiency in the kitchen. Additionally, the suite is equipped with a 2-door reach-in refrigerator, making it easy to store ingredients and keep your kitchen running smoothly. Common area includes private ADA gender neutral restrooms. Each space is thoughtfully designed for ease of operation and will be customized to ensure your needs are met.
- Located at the vibrant intersection of NE Grand and Couch in Portland’s Central City, Grand Central Station offers an exceptional opportunity for restaurant and retail businesses. With prime visibility, easy access to major bus lines, streetcar stops, and bridges to the Westside, this revitalizing area is perfectly positioned to attract a steady stream of foot traffic. Just steps away from the Oregon Convention Center, a variety of restaurants, local businesses, and Portland’s own Soho House, this space provides the ideal setting for growth. Each of the four restaurant spaces comes with additional storage and access to shared restrooms, making it the perfect place to establish your brand in a bustling, dynamic neighborhood.
Contact us
Listing Agency:North Rim(503) 525-1925
Listed By:Matt Schweitzer(503) 381-3134
Source:Moodyscre
Added: Apr 1Changed: Oct 25Last Checked: Oct 28 at 10:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Rim
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Investment Insights
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This conventional restaurant suite is designed for day-one operations and can be customized to your business needs. The space features expansive floor-to-ceiling windows, high ceilings, and ADA access, along with shared common-area private ADA gender-neutral restrooms. The kitchen is fully fitted with commercial equipment, including a Type 1 6-ft hood with suppression and venting, a Type 2 hood for vapor from the dishwasher, and a grease trap. Food prep and cleanup support includes a 3-compartment sink, a prep sink, a hand sink, and two floor sinks, plus a tall upright corner dishwasher. Cooking and production equipment includes a convection oven, a 6-burner stove with oven, and a fryer, with a 2-door reach-in refrigerator for ingredient storage.
Located at 106 NE Grand Ave in Portland’s Central City at the vibrant intersection of NE Grand and Couch, the space is positioned for visibility near major transit connections. It is steps from the Oregon Convention Center and surrounded by restaurants and local businesses, with easy access to major bus lines and streetcar stops, plus bridges to the Westside.
The suite is part of Grand Central Station, with each of the four restaurant spaces including additional storage and access to shared restrooms for streamlined operations.
Key Highlights
1941 SF conventional restaurant suite in Grand Central Station
Expansive floor‑to‑ceiling windows, high ceilings, and a highly visible prime corner
ADA access plus private ADA gender‑neutral restrooms in the common area
Property Analytics
Who owns this building?See the owner, sales and loan history
Open Analytics
Current Use
EverHealth Medical ClinicMedical Group
Suggested Use
Top PickPet Grooming Service(Bike/Boat/Book/etc) StoreVeterinary ClinicTanning SalonMobile Phone StoreFlorist
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Lease Details
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$6.23 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,242
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97232, OR
15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value
Check the figures for this propertyCap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Portland, OR
$23.5 /SF/Yr
Avg Asking Price
$12–$34 /SF/Yr
Price Range
4,249 SF
Avg Space Size
This space is priced 77% above
the average of $23.5 /SF/Yr.
Conventional restaurant - Fully equipped restaurant suite with floor-to-ceiling windows, ADA access, and a highly visible corner location.
Where is this conventional restaurant located?
The property is located at 106 NE Grand Ave Portland, OR.
What is the lease rate?
The lease rate is $41.50 SF/Yr.
What are key features of this property?
This property features: 1941 SF conventional restaurant suite in Grand Central Station; Expansive floor‑to‑ceiling windows, high ceilings, and a highly visible prime corner; ADA access plus private ADA gender‑neutral restrooms in the common area
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