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Harborside 309 S Montgomery St 8,350 SF Retail Building Portland, OR 97201 $2,750,000 ($329.34/SF)

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INVESTMENT HIGHLIGHTS

  • PLUG-AND-PLAY LEGACY RESTAURANT This distinguished venue offers a rare leasing or purchasing opportunity, featuring a floor plan designed to take in

EXECUTIVE SUMMARY

PLUG-AND-PLAY LEGACY RESTAURANT
This distinguished venue offers a rare leasing or purchasing opportunity, featuring a floor plan designed to take in all of Portland’s waterfront. All necessary hook-ups are awaiting a new tenant/owner’s new vision to bring this iconic location to life.
ICONIC LOCATION
Riverplace Marina offers public access to the city's most prominent boating hub along the Willamette River featuring over 100 slips. The marina is not only a great spot for boat moorage but also serves as a hub for local events like the Dragon Boat Festival, 4 th of July Blues Fest, Christmas Boat Show, and has easy access to the South Waterfront Esplanade and future potential home of the PDX Diamond Project.
CONSISTENT FOOT TRAFFIC
The Portland Farmers Market at Portland State University draws locals every Saturday with its selection of fresh produce, artisanal goods, and prepared foods. It serves as a community hub, bringing together farmers, vendors, and residents to enjoy live music and seasonal offerings throughout the year.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,350 SF
Building Class
B
Year Built/Renovated
1979/2014
Price
$2,750,000
Price Per SF
$329.34
Tenancy
Single
Building Height
2 Stories
Building FAR
0.06
Lot Size
3.04 AC
Opportunity Zone
Yes
Zoning
C1Z, Portland

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,175 SF
  • Retail
  • In-Line
  • Now

8,350 sf of legacy restaurant space along the Southwest Waterfront. This restaurant, formerly McCormick and Schmick's, is located in a beautiful and iconic building along the southwest waterfront, an ideal destination for dining for both locals and tourists.

  • 2nd Floor
  • 4,175 SF
  • Retail
  • In-Line
  • Now

8,350 sf of legacy restaurant space along the Southwest Waterfront. This restaurant, formerly McCormick and Schmick's, is located in a beautiful and iconic building along the southwest waterfront, an ideal destination for dining for both locals and tourists.

Space Size Space Use Position Available
1st Floor 4,175 SF Retail In-Line Now
2nd Floor 4,175 SF Retail In-Line Now

1st Floor

Size
4,175 SF
Space Use
Retail
Position
In-Line
Available
Now

2nd Floor

Size
4,175 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 4,175 SF
Space Use Retail
Position In-Line
Available Now

8,350 sf of legacy restaurant space along the Southwest Waterfront. This restaurant, formerly McCormick and Schmick's, is located in a beautiful and iconic building along the southwest waterfront, an ideal destination for dining for both locals and tourists.

2nd Floor

Size 4,175 SF
Space Use Retail
Position In-Line
Available Now

8,350 sf of legacy restaurant space along the Southwest Waterfront. This restaurant, formerly McCormick and Schmick's, is located in a beautiful and iconic building along the southwest waterfront, an ideal destination for dining for both locals and tourists.

Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (84)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Chase Bank
U.s. Bank
Banner Bank
Safeway
Starbucks
Morton's
Veggie Grill
Fogo de Chão
Ruth's Chris Steak House
The Melting Pot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R256679
Land Assessment
$0
Improvements Assessment
$1,522,510
Total Assessment
$1,522,510
  • Listing ID: 37147139

  • Date on Market: 8/6/2025

  • Last Updated:

  • Address: 309 S Montgomery St, Portland, OR 97201

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