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Matterhorn Building 940 SE Madison St 1,927 - 3,877 SF of Space Available in Portland, OR 97214
HIGHLIGHTS
- Matterhorn Building presents locally owned and professionally managed, fully equipped production kitchens and restaurant spaces.
- Showcasing an outdoor covered dining area, roll-up doors, on-site guest parking, and mezzanine levels for a tasting area, office, or storage.
- Central Eastside location near Interstate 5, the Hawthorne Bridge, and walking distance to the waterfront and downtown PDX.
- Reach an affluent population of over 21,755 people earning an average income of $102,262 within a 1-mile radius of the property.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 940 | 1,950 SF | Negotiable | $34.97 /SF/YR $2.91 /SF/MO $68,192 /YR $5,683 /MO | Triple Net (NNN) | ||
| Ground - 960 | 1,927 SF | Negotiable | $34.97 /SF/YR $2.91 /SF/MO $67,387 /YR $5,616 /MO | Triple Net (NNN) |
Ground, Ste 940
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.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Plug & Play
- After Hours HVAC Available
- Professional Lease
- Wheelchair Accessible
Ground - 960
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.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Plug & Play
- Natural Light
- Smoke Detector
- Wheelchair Accessible
- Plug and Play Production Kitchen
- Parking, Loading, and Roll Up Door
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
MATTERPORT 3D TOURS
Explore the Unit 940 Kitchen Space - 1,950SF
/2
SITE PLAN
TENANTS AT MATTERHORN BUILDING
- TENANT
- DESCRIPTION
- SIZE
- MOVE DATE
- US LOCATIONS
- REACH
- Wasabi Sushi
- Restaurant
- 2,163 SF
- 05/2017
- 1
- Local
Wasabi Sushi PDX brings a modern twist to traditional sushi by crafting unique, visually striking recipes that blend unexpected ingredients with culinary creativity. Founded by a sushi chef with over 10 years of experience, Wasabi Sushi PDX was created to offer restaurant-quality sushi without the high prices or long waits of traditional sit-down spots. Frustrated by the lack of quality in pre-made grocery store sushi, the founder launched a sushi cart at Happy Valley Station, delivering vibrant, flavorful rolls and sushi burritos that quickly earned a loyal following. Committed to quality and value, Wasabi Sushi PDX continues to serve premium sushi that’s as delicious as it is accessible—for families, foodies, and sushi lovers across Portland.
- XinhXinh Vietnamese Bistro
- Restaurant
- 1,773 SF
- 08/2018
- 1
- Local
XinhXinh Vietnamese Bistro is dedicated to making every meal a joyful and flavorful experience. Committed to using only the finest ingredients, the bistro offers a menu of authentic Vietnamese dishes crafted with care and tradition. Featuring an open kitchen, XinhXinh invites guests to witness the freshness and attention that goes into each plate. With a focus on quality, fast service, and a clean, welcoming environment, XinhXinh Vietnamese Bistro strives to be the go-to destination for delicious Vietnamese cuisine that leaves guests feeling nourished and satisfied.
- Lilla
- Accommodation and Food Services
- -
- -
- -
- -
| TENANT | DESCRIPTION | SIZE | MOVE DATE | US LOCATIONS | REACH |
| Wasabi Sushi | Restaurant | 2,163 SF | 05/2017 | 1 | Local |
| XinhXinh Vietnamese Bistro | Restaurant | 1,773 SF | 08/2018 | 1 | Local |
| Lilla | Accommodation and Food Services | - | - | - | - |
PROPERTY FACTS
| Total Space Available | 3,877 SF | Gross Leasable Area | 9,805 SF |
| Property Type | Retail | Year Built/Renovated | 1956/2020 |
| Property Subtype | Restaurant | Parking Ratio | 0.61/1,000 SF |
| Total Space Available | 3,877 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,805 SF |
| Year Built/Renovated | 1956/2020 |
| Parking Ratio | 0.61/1,000 SF |
ABOUT THE PROPERTY
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.
MARKETING BROCHURE
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Tony Starlights | American | - | 3 min walk |
| Serpent Spirall | - | - | 3 min walk |
| Tiny's Coffee | Coffee | $ | 3 min walk |
| Soupcycle | - | - | 5 min walk |
| Upper Left Roasters | Coffee | $ | 5 min walk |
| Elephants Delicatessen | Bakery | - | 5 min walk |
| Schilling Cider House | American | $$$ | 5 min walk |
| Sparky's Pizza | Pizza | $ | 6 min walk |
| Castagna | Cafe | $$ | 10 min walk |
| Wolfs Head | - | - | 9 min walk |
RETAIL |
||
|---|---|---|
| Banfield Pet Hospital | Animal Care/Groom | 5 min walk |
| Chase | Bank | 5 min walk |
| Tempo | Supermarket | 5 min walk |
| Orangetheory Fitness | Fitness | 7 min walk |
| United States Postal Service | Business/Copy/Postal Services | 7 min walk |
| Corepower Yoga | Fitness | 6 min walk |
| Keybank | Bank | 8 min walk |
| CHEF'STORE | Wholesale Club | 8 min walk |
| True Value | Hardware | 9 min walk |
| New Seasons Market | Supermarket | 13 min walk |
HOTELS |
|
|---|---|
| Kimpton |
117 rooms
5 min drive
|
| Marriott |
506 rooms
4 min drive
|
| Hilton |
327 rooms
5 min drive
|
| Curio Collection by Hilton |
294 rooms
5 min drive
|
| Autograph Collection |
120 rooms
5 min drive
|
LEASING AGENT
LEASING AGENT
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
Contact the Leasing Agent
Matterhorn Building | 940 SE Madison St