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Pearl District Restaurant Opportunity
For Sale
$150,000
Pending

33 NW PARK, Portland, OR 97209

Restaurant in the heart of the Pearl District for sale.

Property Size1,840 SF
Lot Size0.23 Acres
Days on Market901

Property Features for 33 NW PARK

General Information

Standard status Pending
Size 1,840 SF
Lot size 0.23 Acres
Property subtype Commercial

Amenities

Central air
Flat Roof
Heat Pump Cooling
Heat Pump Heating
On street

Building Details

Year Built 2013
Listing Agency: KELLER WILLIAMS PDX CENTRAL
Listed By: JAMES GILLESPIE · License #900800253
Source: Corcoran
Added: Mar 27, 2024 Changed: Sep 13 Last Checked: Sep 13 at 7:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS PDX CENTRAL

Investment Insights

Based on property information with market context.

This restaurant is located on a corner in the Pearl District. The interior features 15-foot high ceilings and glass walls. There is covered outside dining. The restaurant is fully equipped with new equipment and small wares. It includes a Type 1 hood. The property size is 1,840 square feet. This restaurant is intended for conventional restaurant use.

Key Highlights

  • Prime corner location in the heart of the Pearl District.
  • Fully equipped with all new restaurant equipment and small wares.
  • Type 1 hood installed.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Buffet Tanning Salon Nursing Home Clothing & Fashion Store (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant in the heart of the Pearl District for sale.
Where is this conventional restaurant located?
The property is located at 33 NW PARK Portland, OR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Prime corner location in the heart of the Pearl District.; Fully equipped with all new restaurant equipment and small wares.; Type 1 hood installed.
More about this property
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