Grand Central Station 106 NE Grand Ave 1,849 - 6,421 SF of Industrial Space Available in Portland, OR 97232
HIGHLIGHTS
- Grand Central Station presents beautifully renovated and customizable restaurant spaces in the epicenter of Central City.
- Sunny suites boast an extensive window line, multiple signage opportunities, an accompanying storage annex area, and fully equipped kitchens.
- Locally owned and professionally managed, Grand Central Station is perfect for tenants ready to locate or launch a business.
- 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.
- With superior accessibility, tenants and guests will appreciate the proximity to public transit and heavily traveled freeways like I-5 and I-84.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - 106-1 | 1,849 SF | Negotiable | $40.00 /SF/YR | Triple Net (NNN) | ||
| 1st Floor - 106-2 | 2,189 SF | Negotiable | $40.00 /SF/YR | Triple Net (NNN) | ||
| 1st Floor - 106-3 | 2,383 SF | Negotiable | $40.00 /SF/YR | Triple Net (NNN) |
1st Floor - 106-1
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.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Secure Storage
- Plug & Play
- Natural Light
- Space is an outparcel at this property
- Professional Lease
- Smoke Detector
- Wheelchair Accessible
- Highly visible location
- Signage Opportunities
- Floor-to-Ceiling Windows
- Customizable Restaurant Space
- Fully-Equipped Kitchens
- Professionally Maintained Equipment
1st Floor - 106-2
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.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Secure Storage
- Plug & Play
- Natural Light
- Space is an outparcel at this property
- Professional Lease
- Smoke Detector
- Wheelchair Accessible
- Easily Accessible Prime Location
- Signage Opportunities
- Floor-to-Ceiling windows
- Customizable Restaurant
- ADA Accessible
- Fully-Equipped Kitchen
1st Floor - 106-3
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.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Secure Storage
- Plug & Play
- Natural Light
- Space is an outparcel at this property
- Professional Lease
- Smoke Detector
- Wheelchair Accessible
- Customizable Restaurant Space
- Signage Opportunities
- Fully Equipped Kitchen
- ADA Accessible
- Easily Accessible Prime Location
- Professionally Managed and Locally Owned
TENANTS AT GRAND CENTRAL STATION
- TENANT
- DESCRIPTION
- SIZE
- MOVE DATE
- US LOCATIONS
- REACH
- Golden Lotus Thai Kitchen
- Accommodation and Food Services
- -
- -
- -
- -
| TENANT | DESCRIPTION | SIZE | MOVE DATE | US LOCATIONS | REACH |
| Golden Lotus Thai Kitchen | Accommodation and Food Services | - | - | - | - |
PROPERTY FACTS
| Total Space Available | 6,421 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,000 SF |
| Year Built/Renovated | 1927/2025 |
ABOUT THE PROPERTY
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.
- 24 Hour Access
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
MARKETING BROCHURE
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Mirakutei | Sushi | $$ | 4 min walk |
| J & M's Cafe | American | $$$ | 5 min walk |
| Dutch Bros | Cafe | $ | 6 min walk |
| Salt & Straw | - | - | 7 min walk |
| Doug Fir Lounge | American | $$ | 6 min walk |
| Starbucks | Cafe | $ | 7 min walk |
| Bar Casa Vale | Spanish | $$$ | 8 min walk |
| Olympia Provisions | American | $$ | 8 min walk |
| Garden Bar by Evergreens | American | $$ | 12 min walk |
RETAIL |
||
|---|---|---|
| New Seasons Central Market | Supermarket | 8 min walk |
| Office Depot | Office Supply | 8 min walk |
| Sola Salon Studios | Salon/Barber/Spa | 12 min walk |
| Orangetheory Fitness | Fitness | 12 min walk |
| CrossFit | Fitness | 14 min walk |
| United States Postal Service | Business/Copy/Postal Services | 14 min walk |
| Regal Cinemas | Cinema | 17 min walk |
| GameStop | Game Store | 18 min walk |
| Bath & Body Works | Health & Beauty Aids | 18 min walk |
HOTELS |
|
|---|---|
| Hyatt Regency |
600 rooms
3 min drive
|
| DoubleTree by Hilton |
477 rooms
4 min drive
|
| Embassy Suites by Hilton |
276 rooms
4 min drive
|
| Ritz-Carlton |
251 rooms
6 min drive
|
LEASING TEAM
LEASING TEAM
Matthew Schweitzer, President
In 1995, Matt teamed up with Jeffrey Weitz, founder of North Rim, taking on responsibilities in property management, leasing, and sales. Since then, he has played a key role in the company's growth and success, and today, he leads North Rim as its President.
ABOUT THE OWNER
