1632 NW Thurman St - Showroom FOR SALE


Portland, OR 97209- Uptown Portland
$2,000,000 USD
503-416-0088
1632 NW Thurman St, Portland, OR for Sale
$2,000,000 USD
Showroom - FOR SALE
1/10
null | Request Cap Rate

1632 NW Thurman St
Portland, OR 97209
Uptown Portland


HIGHLIGHTS

  • 5,000 SF freestanding building, fully built-out restaurant/commercial kitchen (1,650 SF FOH, 3,350 SF kitchen).
  • Polished concrete floors, Type 1 hood, grease trap, 3 roll-up doors.
  • Zoned IG1 — flexible for food/beverage, industrial, or creative use.
  • Pearl District location with street frontage and quick I-405 access.

OVERVIEW

1632 NW Thurman Street offers a 5,000 SF freestanding building in Portland's Pearl District, improved with a fully built-out restaurant and commercial kitchen. 1,650 SF of front-of-house space and 3,350 SF of kitchen/production space, with polished concrete floors, high ceilings, a Type 1 hood system, grease trap, walk-in cooler/freezer, and three roll-up garage doors. Zoned IG1 (General Industrial), the building also supports light industrial, production, or creative/flex uses. The site offers direct street frontage and quick access to the Fremont Bridge/I-405 interchange. It sits in a dense, walkable pocket of the Pearl District near multifamily housing, established restaurants, and daily retail. With renovated infrastructure already in place, a buyer or tenant avoids significant TI costs and can move a new concept forward quickly. The property sits at the northern edge of the Pearl District with direct street frontage and easy access to the Fremont Bridge/I-405 interchange, surrounded by dense residential blocks that fuel steady foot traffic to neighbors like AFURI Ramen, New Seasons Market, and Trader Joe's. With strong walkability and transit scores plus an existing commercial kitchen buildout, it's a turnkey opportunity for a food or beverage concept in a neighborhood that already supports a thriving restaurant scene.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11

LAND SF

5,000

ZONING

IG1

APN/PARCEL ID

R298507

ASK ABOUT THIS PROPERTY

Tyler CollinsMacadam Forbes, Inc.More Info
503-416-0088

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Tyler CollinsMacadam Forbes, Inc.More Info
503-416-0088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.