PORTLAND, Ore. -- Portland's iconic, wedge-shaped pizza joint Rocco's has closed its doors.

The downtown favorite kitty-corner from Powell's Books announced Tuesday that financial challenges and "unforeseeable family" challenges had forced their decision.

"Roccos Pizza would like to thank the public for the generous patronage and support that has afforded the opportunity for Roccos to become not only a graciously respected brand in Portland for many years, but also a landmark," a statement read.

"We again thank the Portland metropolitan community and the City of Portland for allowing us to serve them for such a generous period of time."

The colorful restaurant was a lunchtime and happy hour favorite for many who live, work and visit downtown for the past two decades.

The business had also recently opened a bar in an adjoining space.