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Floating Restaurant with Dock Access
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425 SW Montgomery St, Portland, OR 97201

Floating restaurant on the Willamette River with adjacent boat docking for river traffic access.

Space Size1,263 SF
Days on Market641

Property Features for 425 SW Montgomery St

General Information

Standard status Active
Size 1,263 SF
Property subtype RETAIL

Site & Location

Neighborhood Portland Downtown

Amenities

boat docking

Spaces For Lease

at 425 SW Montgomery St
425 SW Montgomery St AVAILABLE, Now
Floor 2
Size 1,263 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Rare opportunity for 2nd generation floating restaurant on the willamette river in downtown portland! - Accessible to river traffic (boat docking available adjacent to restaurant). - Close to mccormick & schmick’s harborside at the pilsner room, kimpton’s riverplace hotel, king tide fish & shell, yomi sushi, upstream coffee, and little river café. - Dense residential and daytime population in nearby vicinity. - Visibility from marquam and hawthorne bridges.
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Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Kathleen Healy · License #200308123
Source: Moodyscre
Added: Jan 27, 2025 Changed: Oct 25 Last Checked: Oct 28 at 5:08AM

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

Rey
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Investment Insights

Based on property information with market context.

This property is a floating restaurant concept on the Willamette River, described as suited for second-generation operation. The listing notes access for river traffic, with boat docking available adjacent to the restaurant.

The property is positioned in downtown Portland and is described as visible from Marquam and Hawthorne bridges. The immediate area includes several established restaurants and hospitality uses, 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.

The space is offered for rent, with a reported size of 1,263 square feet.

Key Highlights

  • Floating restaurant on the Willamette River in downtown Portland
  • Adjacent boat docking available for river traffic access
  • Visibility from Marquam and Hawthorne bridges

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Under-served
Demand for This Use

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

Lease Benchmarks for Portland, OR

$23.5 /SF/Yr
Avg Asking Price
$12–$34 /SF/Yr
Price Range
4,249 SF
Avg Space Size

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

Similar Off Market Nearby

  • Keller Café — 222 SW Clay St, Portland, OR 97201

Frequently Asked Questions

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