Contacts
North Rim
Property Details
- Property Type Mixed Use
- Property Size 4,248 SF
- Units 1
- Lot Size 0.12 Acre
- # of Floors 2
- Parking Spaces Avail. 2
- Parking Ratio 0.47 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1956
- Year Renovated 2014
- Date Updated Dec 5, 2025
- Building Hours 24
- HVAC Hours 24
North Rim is proud to present this turnkey mixed-use property — a rare and compelling investment opportunity offering strong, diversified income from both commercial and residential tenants. Fully renovated in 2014 and meticulously maintained by a reputable local owner, the building is in excellent condition, including the two professionally equipped commercial kitchens. The ground floor features production kitchen spaces leased to established businesses on market-rate, 3-year NNN (triple net) leases—delivering reliable, long-term cash flow. Above, a leased residential apartment adds income stability and balance, making this property attractive to both commercial and residential investors. Additional highlights include ADA-compliant restrooms, covered parking, and a private backyard. Ideally located in the sought-after NE Broadway / Irvington neighborhood—just steps from Fred Meyer—this high-visibility property sits in a vibrant, high-demand corridor of NE Portland with excellent foot traffic and surrounding amenities.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Close to Banfield Highway
- Close to Several Grocery Stores
- Covered Loading Area
- Covered Parking
- 2 Fully Equipped Kitchens
- Back Yard Area for Herb Garden
- Locally Owned and Professionally Managed
- Upstairs 2 Bedroom Apartment
Attachments
Getting around
-
94/100
Walk Score ®
-
58/100
Transit Score ®
-
94/100
Bike Score ®
Location
- City Portland, OR
- Neighborhood Sullivan's Gulch
- Zip Code 97232
- Market Portland
Points of Interest
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Northeast 7th & Holladay
1.09 miles
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Northeast Weidler & Grand
1.15 miles
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Northeast Grand & Multnomah
1.17 miles
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Northeast Grand & Hoyt
1.24 miles
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Northeast Martin Luther King & Hoyt
1.30 miles
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Northeast Weidler & 2nd
1.32 miles
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Southeast Martin Luther King & Taylor
1.79 miles
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New Rose City Cab Company
1.88 miles
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Oak Street/Southwest 1st Avenue
1.97 miles
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Union Station/Northwest 6th & Hoyt
1.99 miles
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Blink
0.05 miles
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EVgo
0.20 miles
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Fastrak
0.22 miles
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76
0.80 miles
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Chevron
1.12 miles
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Shell
1.15 miles
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Arco
1.35 miles
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Electrify America
1.51 miles
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Pacific Pride
1.52 miles
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Kwik-Gas
1.54 miles
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Parking 2
0.88 miles
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U-Park
1.19 miles
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Broadway Toyota
1.39 miles
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Garden Garage
1.47 miles
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East Garage
1.54 miles
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South Aegan Lot
1.56 miles
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Annex Lot
1.57 miles
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West Garage
1.59 miles
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North Stage Lot
1.62 miles
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Portland's White House
0.37 miles
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Lion and the Rose
0.68 miles
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A Painted Lady Inn
0.68 miles
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DoubleTree
0.94 miles
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Kinley Manor
0.95 miles
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Lolo Pass
0.97 miles
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Executive Lodge
0.98 miles
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Motel 6
1.16 miles
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Eastside Lodge
1.18 miles
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Courtyard
1.19 miles
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Fred Meyer
0.08 miles
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New Seasons Market
0.21 miles
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The Realm Refillery
0.28 miles
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Whole Foods Market
0.71 miles
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Trader Joe's
0.77 miles
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Lloyd Center
0.77 miles
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Ross
0.81 miles
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Safeway
0.86 miles
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Grocery Outlet
0.94 miles
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H Mart
1.20 miles
North Rim