11131 NE Halsey St Portland, OR 97220
Profitable investment with restaurant and pub tenants in Portland.
Source:
Tcnworldwide
Listing Agent: Luis Martin Del Campo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Restaurant and Pub Investment Opportunity
This commercial property offers a stable income stream with 100% occupancy. It is fully leased to McGillacuddy’s Pub, a longstanding tenant paying $3,835 monthly, with a lease extending to 7/31/26 and a five-year renewal option. The other space is occupied by the Portland Sandwich Company. A second-generation restaurant/commercial kitchen is available, offering 4,890 square feet of move-in-ready space with available FF&E. Significant renovations were completed in 2018, including upgrades to plumbing, grease trap, flooring, four of six HVAC units, coolers, freezers, an outdoor trash enclosure with drain, a roll-up door, and offices. The property features two pylon signs, one facing NE Halsey and another facing NE Weidler. A roll-up door provides on-grade access to a small loading warehouse area. The location offers excellent visibility and road frontage on both NE Halsey and NE Weidler, with over 35,000 cars passing daily. Surrounding retailers and amenities include Fred Meyer, Winco Foods, Office Depot, Kohl’s, Kaiser Gateway Medical Office, the Gateway transit center, and a MAX station.
Location Intelligence
Current Use by Public Records
Portland Sandwich Co
Big Box & Wholesale Store
Similar Places Nearby
Starbucks, Top of the Hill Tavern, Montavilla Saloon, Stormbreaker Beer Cart, Boss Hawgs Bar 'N' Grill
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.5482362
- Latitude
- 45.5337005
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Profitable investment with restaurant and pub tenants in Portland.
Where is this bar & pub located?
The property is located at 11131 NE Halsey St Portland, OR.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: - Stable lease income with McGillacuddy’s Pub in place until 7/31/26, paying $3,835 monthly, with a five-year renewal option.; - Second generation restaurant/commercial kitchen, move-in ready 4,890 sf space with FF&E available.; - Significant renovations completed in 2018 including plumbing, grease trap, flooring, HVACs, coolers and freezers.
