2120 Oregon St Portland, OR 97232
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
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.