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940 SE Madison St
Portland, OR 97214 Buckman

$5,616 - $5,683 USD/MO

Restaurant For Lease  •  1,927+ SF

Property Details

  • Property Type Restaurant
  • Year Built 1956
  • Total Building Size 9,805 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning IG1
69 Transit Score
94 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
Grnd Floor Ste 940 Retail 1,950 SF $34.97 USD/SF/YR
Suite 940 offers a 1,950-square-foot commercial kitchen equipped with a range of features ideal for food production. The kitchen includes a spacious walk-in cooler (12-foot by 8-foot by 7-foot 4-inches) and essential cooking equipment such as a 36-inch 6-burner gas range with a full-size oven, a gas convection oven, and a deep fryer. It is fitted with a 12-foot Type 1 exhaust hood and a grease trap to support ventilation. For dishwashing and cleaning, the kitchen is equipped with an upright dishwasher with exhaust, a wall-mount pre-rinse unit, compartment sinks with drainboards, and hand sinks. The electrical system includes a 200-amp electrical panel, and all equipment is owner-maintained. In addition to the kitchen’s interior features, Suite 940 also provides convenient access with a roll-up door, a guest parking area, and a truck loading zone. An outdoor dining area is available, and the facility includes shared ADA-compliant restrooms. The property is locally owned and professionally managed. Note: Equipment package is subject to change.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet
Grnd Floor Ste 960 Industrial 1,927 SF $34.97 USD/SF/YR
Suite 960 offers a 1,927-square-foot commercial kitchen equipped with a range of features ideal for food production. The kitchen includes a spacious walk-in cooler (12-foot by 8-foot by 7-foot 4-inches) and essential cooking equipment such as a 36-inch 6-burner gas range with a full-size oven, a gas convection oven, and a deep fryer. It is fitted with a 12-foot Type 1 exhaust hood and a grease trap to support ventilation. For dishwashing and cleaning, the kitchen is equipped with an upright dishwasher with exhaust, a wall-mount pre-rinse unit, compartment sinks with drainboards, and hand sinks. The electrical system includes a 200-amp electrical panel, and all equipment is owner-maintained. In addition to the kitchen’s interior features, Suite 940 also provides convenient access with a roll-up door, a guest parking area, and a truck loading zone. An outdoor dining area is available, and the facility includes shared ADA-compliant restrooms. The property is locally owned and professionally managed. Note: Equipment package is subject to change.

  • Date available: May 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

Located in the heart of the Central Eastside District, one block off Hawthorne, find the Matterhorn Building at 940 E SE Madison Street. This fully equipped production kitchen is ideally used for catering and restaurant support, a ghost or cloud kitchen, product production, a bakery, limited restaurant use, and grab-and-go distribution. The plug-and-play suites are approved by the county health department and include a mezzanine for retail, storage, or office use. Common area amenities include garbage and recycling, restrooms, outside seating, on-site delivery, truck loading, and parking. 
          
Nestled within Portland’s vibrant Central Eastside Industrial District, this property offers a prime position surrounded by some of the city’s best restaurants, brew pubs, and bakeries. Occupants enjoy excellent connectivity with nearby bus lines, streetcar access, and proximity to both Interstate 5 and the Hawthorne Bridge. The Matterhorn Building is just a short walk or bike ride from the waterfront and downtown Portland. This commercial production kitchen's location combines convenience, culture, and accessibility in one of the city’s most dynamic neighborhoods.

Highlights

Matterhorn Building presents locally owned and professionally managed, fully equipped production kitchens and restaurant spaces.
Central Eastside location near Interstate 5, the Hawthorne Bridge, and walking distance to the waterfront and downtown PDX.
Showcasing an outdoor covered dining area, roll-up doors, on-site guest parking, and mezzanine levels for a tasting area, office, or storage.
Reach an affluent population of over 21,755 people earning an average income of $102,262 within a 1-mile radius of the property.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Lilla
Wasabi Sushi 2,163 SF 4/30/2022
XinhXinh Vietnamese Bistro 1,773 SF

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.0 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 18 min - 9.0 mi
AirportDriveWalkDistance
Portland International 21 min - 12.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Matthew Schweitzer 855-589-9493 North Rim
Matthew Schweitzer 855-589-9493 North Rim