Restaurant Space with Type I
New
For Lease
Contact for pricing
4937 SE Division St, Portland, OR 97206
Ground-floor restaurant space includes a Type I hood, grease interceptor, and shared common-area restrooms.
Space Size1,268 SF
Days on Market6
Property Features for 4937 SE Division St
General Information
Standard status
Active
Size
1,268 SF
Property subtype
Retail, Restaurant
Space & Availability
Floor
Ground
Space Use
Restaurant
Restaurant
Hood Type
Type I
Commercial Hood
Yes
Grease Trap
Yes
Amenities
shared common area restroom area
Building Details
Building Size
1,268 SF
Tenancy
Multiple
Spaces For Lease
at 4937 SE Division St Contact us- Size
- 1,268 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Commercial Realty Advisors Northwest LLC
(503) 274-0211
Listed By:
Ashley Heichelbech · License #OR 200509097
Source:
Crexi
Added: Aug 26
Changed: Aug 31
Last Checked: Aug 31 at 9:33AM
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.
Restaurant space is positioned within the ground-floor retail component of The Fifty on Division, a mixed-use property with nearly 125 apartment units above. The premises include a Type I hood, grease interceptor, and related restaurant infrastructure, along with access to shared common-area restrooms.
Located at 4937 SE Division St in Portland’s Richmond neighborhood, the property sits at a busy signalized intersection. Division Street Station apartments, with 127 units, are directly across the street, along with DC Vegetarian, Trouble, Smaaken Waffle, Landmark Saloon, and Rangoon Bistro. The setting provides an established restaurant and residential context for an operator seeking space in close-in SE Portland.
Located at 4937 SE Division St in Portland’s Richmond neighborhood, the property sits at a busy signalized intersection. Division Street Station apartments, with 127 units, are directly across the street, along with DC Vegetarian, Trouble, Smaaken Waffle, Landmark Saloon, and Rangoon Bistro. The setting provides an established restaurant and residential context for an operator seeking space in close-in SE Portland.
Key Highlights
- Type I hood and grease interceptor already in place
- Restaurant space within ground‑floor retail at The Fifty on Division
- Nearly 125 apartment units located above the retail component
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,588
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Market
Lease Benchmarks for Portland, OR
$24 /SF/Yr
Avg Asking Price
$22–$25 /SF/Yr
Price Range
13,162 SF
Avg Space Size
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 - Ground-floor restaurant space includes a Type I hood, grease interceptor, and shared common-area restrooms.
Where is this conventional restaurant located?
The property is located at 4937 SE Division St Portland, OR.
What are key features of this property?
This property features: Type I hood and grease interceptor already in place; Restaurant space within ground‑floor retail at The Fifty on Division; Nearly 125 apartment units located above the retail component
