Freestanding Restaurant with Commercial
New
For Lease
Contact for pricing
1632 NW Thurman St, Portland, OR 97209
Renovated restaurant infrastructure includes production capabilities and flexible IG1 zoning for food, light industrial, or creative uses.
Space Size5,000 SF
Days on Market7
Property Features for 1632 NW Thurman St
General Information
Standard status
Active
Size
5,000 SF
Net Rentable
5,000 SF
Property subtype
Retail
Zoning
IG1 (General Industrial)
Space & Availability
Available Space
5,000 SF
Contiguous Space
5,000 SF
Space Use
Restaurant
Site & Location
Highway Access
Yes
Road Access
Yes
Restaurant
Hood Type
Type I
Commercial Hood
Yes
Grease Trap
Yes
Equipment Included
Yes
Additional Details
Cold Storage
Yes
Building Details
Buildings
1
Building Size
5,000 SF
Spaces For Lease
at 1632 NW Thurman St Contact us- Size
- 5,000 SF
- Availability
- Active
1632 NW Thurman St
Listing Agency:
Macadam Forbes
Listed By:
Cooper Collins · License #OR 201250793
(503) 729-3253
Source:
Crexi
Added: Sep 8
Changed: Sep 12
Last Checked: Sep 13 at 4:36AM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This freestanding 5,000 SF building is configured for restaurant and commercial kitchen operations, with 1,650 SF of front-of-house area and 3,350 SF dedicated to kitchen and production functions. Improvements include polished concrete floors, high ceilings, a Type 1 hood system, grease trap, walk-in cooler/freezer, and three roll-up garage doors. The property’s renovated infrastructure supports continued food service use as well as light industrial, production, or creative/flex applications under IG1 zoning.
The building has direct frontage on NW Thurman Street at the northern edge of Portland’s Pearl District, with access to the Fremont Bridge and I-405 interchange. The surrounding area includes multifamily housing, restaurants, daily retail, The Fields Park, fitness studios, and Cinema 21. Nearby businesses include Lucky Labrador Beer Hall, AFURI Ramen, Besaw’s, New Seasons Market, and Trader Joe’s.
The building has direct frontage on NW Thurman Street at the northern edge of Portland’s Pearl District, with access to the Fremont Bridge and I-405 interchange. The surrounding area includes multifamily housing, restaurants, daily retail, The Fields Park, fitness studios, and Cinema 21. Nearby businesses include Lucky Labrador Beer Hall, AFURI Ramen, Besaw’s, New Seasons Market, and Trader Joe’s.
Key Highlights
- 5,000 SF freestanding building with restaurant and commercial kitchen improvements
- 1,650 SF front‑of‑house area and 3,350 SF kitchen/production space
- Type 1 hood system, grease trap, and walk‑in cooler/freezer
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,597
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97209, OR
22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
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
Vacancy Rate% for Industrial in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated restaurant infrastructure includes production capabilities and flexible IG1 zoning for food, light industrial, or creative uses.
Where is this conventional restaurant located?
The property is located at 1632 NW Thurman St Portland, OR.
What are key features of this property?
This property features: 5,000 SF freestanding building with restaurant and commercial kitchen improvements; 1,650 SF front‑of‑house area and 3,350 SF kitchen/production space; Type 1 hood system, grease trap, and walk‑in cooler/freezer
