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    2700 NE Alberta St Portland, OR 97211

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    For Lease
    $1,495,000

    Turn-key bar/restaurant with covered outdoor space in Alberta Arts.

    Property size:
    3,190 SF
    Lot size:
    0.15 Acres

    Property Features for 2700 NE Alberta St

    General Information

    Size
    3,190 SF
    Lot size
    0.15 Acres

    Source: Apex Real Estate Partners Agent Jordan Fezler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Bar/Restaurant with Outdoor Space

    This turn-key bar and restaurant space offers approximately 3,190 square feet, complemented by approximately 1,500 square feet of covered outdoor space. Constructed in 1953 and extensively renovated in 2017, the property is ADA accessible. The outdoor area is designed for year-round use and features natural gas fire pits. The site offers potential for future rooftop bar access. Situated on a corner lot within the Alberta Arts district, the property benefits from excellent visibility. The land size is approximately 6,570 square feet, which is about 0.15 acres. It is zoned CM2, Commercial Mixed Use 2.
    Insight Report Location Intelligence

    Current Use by Public Records

    Firebelly Wings Chicken Wings Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lucca, Barista, Free House, Conscious Sedation Beer Garden, Roseline Coffee

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6376276
    Latitude
    45.5588242

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    FAQs

    What type of property is this?
    Bar - Turn-key bar/restaurant with covered outdoor space in Alberta Arts.
    Where is this bar located?
    The property is located at 2700 NE Alberta St Portland, OR.
    What are key features of this property?
    This property features: - Turn-key bar/restaurant with approximately 3,190 RSF interior and approximately 1,500 SF of covered outdoor space.; - Prime Alberta Arts district location.; - Year-round outdoor space with natural gas fire pits.
    (503) 313-8149
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    2700 NE Alberta St Portland, OR 97211
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    Portland, OR 97211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2700 NE Alberta St Portland, OR 97211
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