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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 | $40.93 CAD/SF/YR $3.41 CAD/SF/MO $79,808 CAD/YR $6,651 CAD/MO | Triple Net (NNN) | ||
| Ground - 960 | 1,927 SF | Negotiable | $40.93 CAD/SF/YR $3.41 CAD/SF/MO $78,867 CAD/YR $6,572 CAD/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 a Restaurant or Café 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
- 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
Site Plan
Tenants at Matterhorn Building
- Tenant
- Description
- Size
- Move Date
- US Locations
- Reach
- Wasabi Sushi
- Restaurant
- 2,163 SF
- 05-2017
- 1
- Local
Nos sushis représentent une touche moderne des sushis culinaires traditionnels. Pour ce faire, nous créons des recettes uniques qui utilisent des ingrédients qui ne sont pas habituellement associés aux sushis, mais qui servent de délicieux sushis avec un flair visuel. Un coup d'œil à la combinaison de couleurs et aux arrangements vibrants donne l'impression que vous ramenez à la maison un repas tout simplement gourmand. Se sentir contraint par un restaurant de sushis coûteux et chronophage et par le manque de qualité des sushis préfabriqués provenant des supermarchés. Avec plus de 10 ans d'expérience en tant que chef Sushi, j'ai créé le restaurant de sushis de qualité à partir de SUSHI cart (Wasabi Sushi PDX) à Happy Valley Station. Notre dévouement s'est engagé à fournir la meilleure qualité possible à des prix raisonnables pour la famille et tous les amateurs de sushis à cette philosophie toujours aussi forte que jamais. Wasabi Sushi PDX est également né comme une meilleure façon de servir des Sushi Roll de qualité supérieure aux Sushi B-Ritto pour devenir la nourriture préférée de Portland.
- XinhXinh Vietnamese Bistro
- Restaurant
- 1,773 SF
- 08-2018
- 1
- Local
Arrêtez-vous dans notre restaurant vietnamien adapté aux enfants, où nous servons un délicieux menu qui comprend de petites assiettes et des options saines. Nous proposons également des plats à emporter. Au plaisir de vous voir bientôt !
- 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 |
|
|---|---|
| Marriott |
506 rooms
4 min drive
|
| Kimpton |
117 rooms
5 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
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Matterhorn Building | 940 SE Madison St
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