Sushi Restaurant
For Sale
$750,000
1337 NE Broadway St, Portland, OR 97232
Operating sushi restaurant business with a dinner-focused service schedule.
Property Size2,700 SF
Price / SF$277.78
Days on Market52
Property Features for 1337 NE Broadway St
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Business Opportunity
Site & Location
Neighborhood
Lloyd District Community Association
Additional Details
Business Included
Yes
Listing Agency:
Oregon First
Listed By:
Soo Paik · License #SPAIK
(503) 559-3327
Source:
Coho
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 5:33AM
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 Oregon First
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Investment Insights
Based on property information with market context.
This for-sale sushi restaurant business occupies 2,700 square feet at 1337 NE Broadway St in Portland, Oregon. The operation is currently open for dinner, generally serving customers from 4:00 to 9:00 PM.
The offering combines an established restaurant operation with an existing commercial space and a focused sushi concept. Its current schedule and restaurant use provide a clear operating profile for a buyer evaluating the business and premises together.
The offering combines an established restaurant operation with an existing commercial space and a focused sushi concept. Its current schedule and restaurant use provide a clear operating profile for a buyer evaluating the business and premises together.
Key Highlights
- 2,700‑square‑foot sushi restaurant business
- Dinner service generally operates from 4:00 to 9:00 PM
- Located at 1337 NE Broadway St, Portland, OR 97232
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,353
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,060
$727.1K
Cap Rate 7%
$519,329
$519.3K
Cap Rate 9%
$403,922
$403.9K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$51.8K $19.20/SF
− Vacancy
−$3.4K −$1.25/SF
EGI
$48.5K $17.95/SF
− OpEx
−$12.1K −$4.49/SF
NOI
$36.4K $13.46/SF
Area
Portland, OR
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,060
Cap Rate 7%
$519,329
Cap Rate 9%
$403,922
Alternative Uses
Best Use
Specialty Retail
$519.3K
$454.4K – $605.9K
NOI $36,353 @ 7.0% cap · market cap 4.85%
Second Best
Industrial
$242.1K
$211.8K – $282.4K
NOI $16,946 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$758.2K
$663.5K – $884.6K
NOI $53,076 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,965
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97232, OR
15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating sushi restaurant business with a dinner-focused service schedule.
Where is this conventional restaurant located?
The property is located at 1337 NE Broadway St Portland, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,700‑square‑foot sushi restaurant business; Dinner service generally operates from 4:00 to 9:00 PM; Located at 1337 NE Broadway St, Portland, OR 97232
