Fully Equipped Corner Restaurant
For Lease
Contact for pricing
106 NE Grand Ave, Portland, OR 97232
Fully equipped restaurant suite with floor-to-ceiling windows, ADA access, and a highly visible corner location.
Space Size1,941 SF
Days on Market168
Property Features for 106 NE Grand Ave
General Information
Standard status
Active
Size
1,941 SF
Property subtype
RETAIL
Lease Type
NNN
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Equipment Included
Yes
Amenities
ADA access
private ADA gender neutral restrooms
additional storage
Spaces For Lease
at 106 NE Grand Ave Contact us- Floor
- 1
- Size
- 1,941 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
106 NE Grand Ave $41.50/SF/Yr
- This suite will be customized to suite your business' needs. The beautiful space...
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Contact us
Listing Agency:
North Rim
(503) 525-1925
Listed By:
Matt Schweitzer
(503) 381-3134
Source:
Moodyscre
Added: Apr 1
Changed: Sep 8
Last Checked: Sep 14 at 10:15AM
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
Investment Insights
Based on property information with market context.
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.
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
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Open Analytics
Current Use
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
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Market
Lease Benchmarks for Portland, OR
$24.6 /SF/Yr
Avg Asking Price
$22–$27 /SF/Yr
Price Range
14,114 SF
Avg Space Size
This space is priced 69% above the average of $24.6 /SF/Yr.
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
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
