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Mixed-Use Property with Food Carts
For Sale
Contact for pricing
Pending

1341 N Killingsworth St, Portland, OR 97217

CM2-zoned site combines an operating restaurant, detached support buildings, and utility-served food cart spaces.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market147

Property Features for 1341 N Killingsworth St

General Information

Standard status Pending
Lot size 0.23 Acres
Property subtype Land, Office, Retail, Multifamily, Mixed Use
Zoning CM2

Additional Details

Utilities to Site Yes

Building Details

Buildings 3
Construction wood and brick
Listing Agency: Marcus & Millichap - Portland
Listed By: Will Stone · License #OR 890400169
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 2 at 11:09AM

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 Marcus & Millichap - Portland

Investment Insights

Based on property information with market context.

Located at 1341 N Killingsworth Street in Portland, this 10,000-square-foot CM2-zoned mixed-use property includes an approximately 1,691-square-foot restaurant building and two detached structures used for bathrooms and storage. The improvements were recently redeveloped for restaurant and food cart operations, with wood-and-brick construction at the main building and wood-frame detached buildings, all beneath composition shingle roofs.

Nine food carts are currently on the site, each connected to electric, water, and sewer service. The layout also includes landscaped areas and the ability to connect one additional cart, bringing the total to 10 alongside the restaurant. CM2 zoning supports restaurants, general retail, office, and multifamily uses. Multifamily development is allowed without a maximum unit count, subject to required setbacks and floor area ratio. Maximum building height is 45 feet, with additional height and density potentially available through bonuses.

Key Highlights

  • 10,000‑square‑foot CM2‑zoned mixed‑use site at 1341 N Killingsworth Street
  • Approximately 1,691‑square‑foot restaurant building plus two detached support structures
  • Nine food carts currently operating on‑site, with capacity for a 10th cart

Property Analytics

Current Use

Heritage House Hotel & Motel

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby

Demographics for 97217, OR

36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - CM2-zoned site combines an operating restaurant, detached support buildings, and utility-served food cart spaces.
Where is this mixed-use property located?
The property is located at 1341 N Killingsworth St Portland, OR.
What are key features of this property?
This property features: 10,000‑square‑foot CM2‑zoned mixed‑use site at 1341 N Killingsworth Street; Approximately 1,691‑square‑foot restaurant building plus two detached support structures; Nine food carts currently operating on‑site, with capacity for a 10th cart
(503) 200-2000 Call to check price and availability
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