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    2120 Oregon St Portland, OR 97232

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Food Production Space Available

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,150-square-foot commissary kitchen in Portland's Close in Northeast submarket offers a rare opportunity for food production businesses. Located at 2120 NE Oregon St, Portland, OR 97232, this single-tenant industrial property boasts extensive food-grade infrastructure, including five walk-in coolers, a freezer, two large grease interceptors, floor drains, ample venting, multiple sinks and prep tables, one large Type 2 hood, and one Type 1 hood. The 30,000-square-foot building, constructed in 1940, features a 14-foot ceiling height, one drive-in, 5-6 parking spaces, and 3-phase power. The property sits on one acre of land with NE Oregon Street frontage and is zoned EG. The building is Class B with a 3.0 FAR. Existing office, conference, and break rooms are included. This turnkey operation minimizes start-up time and investment, with the owner covering taxes and insurance

    Property Features for 2120 Oregon St

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Class
    B
    Total Rate
    40800

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    9,150 SF
    Rate per SF
    $16

    HighLights

    • 9,150 SF commissary kitchen in Portland's desirable Northeast submarket.
    • Located at 2120 NE Oregon St, Portland, OR 97232, this single‑tenant industrial property features extensive food‑grade infrastructure.
    • Includes five walk‑in coolers, freezer, two large grease interceptors, floor drains, ample venting, multiple sinks and prep tables, one large Type 2 hood, and one Type 1 hood.
    • Situated on a one‑acre lot with NE Oregon Street frontage, zoned EG. The 30,000 SF building (1940 construction) offers 14' ceilings, one drive‑in, 5‑6 parking spaces, and 3‑phase power.
    • Class B building with 3.0 FAR; includes existing office, conference, and break rooms. Turnkey operation with owner‑paid taxes and insurance; below‑market rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sol Pops Flavor ... Ice Cream Shop Portland Reiki Group Reiki Therapist Laughing Planet Catering Catering Food And Drink Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.64400072452
    Latitude
    45.528571693921

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Food Production Space Available
    Where is this manufacturing property located?
    The property is located at 2120 Oregon St Portland, OR.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 9,150 SF commissary kitchen in Portland's desirable Northeast submarket.; Located at 2120 NE Oregon St, Portland, OR 97232, this single-tenant industrial property features extensive food-grade infrastructure.; Includes five walk-in coolers, freezer, two large grease interceptors, floor drains, ample venting, multiple sinks and prep tables, one large Type 2 hood, and one Type 1 hood.
    Request Owner's contact information
    2120 Oregon St Portland, OR 97232
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    Portland, OR 97232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2120 Oregon St Portland, OR 97232
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