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106 NE Grand Ave
Portland, OR 97232 Central Eastside

$6,163 - $7,943 USD/MO

Restaurant For Lease  •  1,849+ SF

Property Details

  • Property Type Restaurant
  • Year Built 1927
  • Total Building Size 9,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning EX - Central Employment
79 Transit Score
83 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 106 Industrial 1,849 SF $40.00 USD/SF/YR
This suite will be customized to suit a business's needs. The beautiful space with floor-to-ceiling windows and high ceilings is located in Portland's Central City. With expansive windows, ADA access, and a highly visible prime corner, this is a unique opportunity for a landmark location for a new or existing restaurant. North Rim specializes in building plug-and-play restaurants, production kitchens, as well as excellent value, high-quality commercial real estate throughout Portland. Each fully equipped restaurant space offers everything you need to operate a successful dining establishment. The kitchen is fitted with top-of-the-line equipment, including a Type 1 6-ft hood with suppression and venting and a Type 2 hood for vapor from the dishwasher. The space also includes essential plumbing features such as a 3-compartment sink, a prep sink, a hand sink, and two floor sinks, ensuring seamless food preparation and cleanliness. For dishwashing, there is a tall upright corner dishwasher. Under the hood, you’ll find a convection oven, a 6-burner stove with oven, and a fryer, providing versatility and efficiency in the kitchen. Additionally, the suite is equipped with a 2-door reach-in refrigerator, making it easy to store ingredients and keep your kitchen running smoothly. Additional common area features include a grease trap, janitorial mop sink, designated bike storage room, and convenient garbage and recycling areas to maintain cleanliness. The common area includes three restrooms—two ADA-compliant and one regular—ensuring accessibility for all. Each space is thoughtfully designed for ease of operation, making it an ideal choice for your restaurant venture.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 110 Industrial 2,189 SF $40.00 USD/SF/YR
This suite will be customized to suit your business's needs. The beautiful space with floor-to-ceiling windows and high ceilings is in Portland's Central City. With expansive windows, ADA access, and a highly visible prime corner, this is a unique opportunity for a landmark location for a new or existing restaurant. North Rim specializes in building plug-and-play restaurants, production kitchens, as well as excellent value, high-quality commercial real estate throughout Portland.
Each fully equipped restaurant space offers everything you need to operate a successful dining establishment. The kitchen is fitted with top-of-the-line equipment, including a Type 1 12-ft hood with suppression and venting and a Type 2 hood for vapor from the dishwasher. The space also includes essential plumbing features such as a 3-compartment sink, a prep sink, a hand sink, and two floor sinks, ensuring seamless food preparation and cleanliness. For dishwashing, there is a tall upright corner dishwasher. Under the hood, you’ll find a convection oven, a 6-burner stove with oven, and a fryer, providing versatility and efficiency in the kitchen. Additionally, the suite is equipped with a 2-door reach-in refrigerator, making it easy to store ingredients and keep your kitchen running smoothly. Additional common area features include a grease trap, janitorial mop sink, designated bike storage room, and convenient garbage and recycling areas to maintain cleanliness. The common area includes three restrooms—two ADA-compliant and one regular—ensuring accessibility for all. Each space is thoughtfully designed for ease of operation, making it an ideal choice for your restaurant venture.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 114 Industrial 2,383 SF $40.00 USD/SF/YR
This suite will be customized to suit your business's needs. The beautiful space with floor-to-ceiling windows and high ceilings is in Portland's Central City. With expansive windows, ADA access, and a highly visible prime corner, this is a unique opportunity for a landmark location for a new or existing restaurant. North Rim specializes in building plug-and-play restaurants, production kitchens, as well as excellent value, high-quality commercial real estate throughout Portland.
Each fully equipped restaurant space offers everything you need to operate a successful dining establishment. The kitchen is fitted with top-of-the-line equipment, including a Type 1 12-ft hood with suppression and venting and a Type 2 hood for vapor from the dishwasher. The space also includes essential plumbing features such as a 3-compartment sink, a prep sink, a hand sink, and two floor sinks, ensuring seamless food preparation and cleanliness. For dishwashing, there is a tall upright corner dishwasher. Under the hood, you’ll find a convection oven, a 6-burner stove with oven, and a fryer, providing versatility and efficiency in the kitchen. Additionally, the suite is equipped with a 2-door reach-in refrigerator, making it easy to store ingredients and keep your kitchen running smoothly. Additional common area features include a grease trap, janitorial mop sink, designated bike storage room, and convenient garbage and recycling areas to maintain cleanliness. The common area includes three restrooms—two ADA-compliant and one regular—ensuring accessibility for all. Each space is thoughtfully designed for ease of operation, making it an ideal choice for your restaurant venture.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

Grand Central Station offers a prime opportunity for four new or established operators looking for a landmark location. Each custom restaurant has an accompanying annex space for office and storage use, ADA-compliant restrooms, and professionally maintained restaurant equipment. Moreover, this striking corner building's highly visible exterior and light-drenched interior are embellished with expansive windows and high ceilings, which draw inspiration from the building's original showroom features. Don't miss out on these one-of-a-kind spaces. North Rim will be building four separate restaurant spaces customized to the prospective operator's needs. 
      
Strategically located in Central City, Portland, Oregon, Grand Central Station is in a rapidly growing area with developments and transit upgrades on every corner. On the corner of NE Couch Street and NE Grand Avenue, this property is visited by over 27,916 cars daily. The convenient location near the Burnside Bridgehead at the Couch Couplet and just one block from the Burnside Street streetcar stop allows auto-free employees and guests to reach Grand Central Station. This retail property is easily accessible from the frequently traveled Interstates 5 and 84 within a short three-minute drive and a quarter-mile from nine TriMet stops. Grand Central Station is ideally situated for a new tenant to locate or launch a business in a revitalized and exciting destination.

Highlights

Grand Central Station presents beautifully renovated and customizable restaurant spaces in the epicenter of Central City.
Highly visible, corner location in a rapidly growing area with a daily traffic count of 27,916 cars at the corner of NE Couch St and NE Grand Ave.
Sunny suites boast an extensive window line, multiple signage opportunities, an accompanying storage annex area, and fully equipped kitchens.
With superior accessibility, tenants and guests will appreciate the proximity to public transit and heavily traveled freeways like I-5 and I-84.
Locally owned and professionally managed, Grand Central Station is perfect for tenants ready to locate or launch a business.

Property Flyers

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Major Tenants

Tenant SF Occupied Lease End Date
Golden Lotus Thai Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 5 min - 1.3 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 19 min - 9.1 mi
Transit/SubwayDriveWalkDistance
Ne M L King & E Burnside (Portland Streetcar - A Loop - Portland Streetcar) 0 min 3 min 0.2 mi
Se Grand & E Burnside (Portland Streetcar - B Loop - Portland Streetcar) 1 min 3 min 0.2 mi
Ne Grand & Hoyt (Portland Streetcar - A Loop - Portland Streetcar, Portland Streetcar - B Loop - Portland Streetcar) 1 min 7 min 0.3 mi
Ne M L King & Hoyt (Portland Streetcar - A Loop - Portland Streetcar) 1 min 6 min 0.3 mi
Se Grand & Stark (Portland Streetcar - B Loop - Portland Streetcar) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Portland International 18 min - 11.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Matthew Schweitzer 971-803-5927 North Rim
Matthew Schweitzer 971-803-5927 North Rim