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Floating Restaurant Dockside Opportunity
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425 SW Montgomery St, Portland, OR 97201

Second-generation floating restaurant on the Willamette River with adjacent boat docking available.

Space Size3,279 SF
Days on Market1819

Property Features for 425 SW Montgomery St

General Information

Standard status Active
Size 3,279 SF
Property subtype RETAIL

Spaces For Lease

at 425 SW Montgomery St Contact us

425 SW Montgomery St

Floor
1
Size
3,279 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Rare opportunity for 2nd generation floating restaurant on the willamette river...
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Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Kathleen Healy · License #200308123
Source: Moodyscre
Added: Sep 22, 2021 Changed: Aug 8 Last Checked: Sep 14 at 10:25AM

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 Commercial Realty Advisors Northwest LLC

Investment Insights

Based on property information with market context.

Second-generation floating restaurant with placement on the Willamette River, designed to support river-access operations. Boat docking is available adjacent to the restaurant, providing a practical connection for river traffic.

The property is positioned in downtown Portland with visibility from Marquam and Hawthorne bridges. It also sits near well-known dining and hospitality options, including McCormick & Schmick’s Harborside at the Pilsner Room, Kimpton’s Riverplace Hotel, King Tide Fish & Shell, Yomi Sushi, Upstream Coffee, and Little River Café, with a dense residential and daytime population nearby.

This combination of water access, bridge visibility, and surrounding activity supports a restaurant format that benefits from both pedestrian presence and river-based visitation.

Key Highlights

  • Second‑generation floating restaurant on the Willamette River in downtown Portland
  • Adjacent boat docking available for access to river traffic
  • Visibility from Marquam and Hawthorne bridges

Property Analytics

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Current Use

PORTLAND WATER SPORTS Big Box & Wholesale Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Veterinary Clinic Pet Store & Service Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,617
Businesses Nearby

Demographics for 97201, OR

17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Marina - Second-generation floating restaurant on the Willamette River with adjacent boat docking available.
Where is this marina located?
The property is located at 425 SW Montgomery St Portland, OR.
What are key features of this property?
This property features: Second‑generation floating restaurant on the Willamette River in downtown Portland; Adjacent boat docking available for access to river traffic; Visibility from Marquam and Hawthorne bridges
(503) 880-3033 Call to check price and availability
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