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Freestanding Restaurant Building
For Sale
$2,500,000

1411 NE 82nd Ave, Portland, OR 97220

Leased restaurant property with surrounding parking and convenient access to regional roadway and transit connections.

Property Size4,510 SF
Lot Size1.02 Acres
Price / SF$554.32
Days on Market13

Property Features for 1411 NE 82nd Ave

General Information

Standard status Active
Size 4,510 SF
Lot size 1.02 Acres

Additional Details

Highway Access Yes

Building Details

Year Built 1961
Buildings 1
Listing Agency: ERA Freeman & Associates
Listed By: Samantha Chan · License #891200147
Source: Christiesrealestateevg
Added: Aug 21 Changed: Aug 29 Last Checked: Sep 1 at 10:51PM

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 ERA Freeman & Associates

Investment Insights

Based on property information with market context.

The property includes a freestanding restaurant building measuring 4,510 square feet on 1.02 acres. Constructed in 1961, the building is surrounded by parking on all four sides. The sale covers the land and building, which is currently leased to a restaurant operator.

The site is near an I-84 exit and a MAX station, providing access to both roadway and public transit networks. Interior inspection is subject to the existing tenancy, and tenant contact is not permitted.

Key Highlights

  • 4,510 SF freestanding restaurant building
  • 1.02‑acre property with land and building included in the sale
  • Parking positioned on all four sides of the building

Property Analytics

Current Use

Eastern Cathay Restaurant

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97220, OR

29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Leased restaurant property with surrounding parking and convenient access to regional roadway and transit connections.
Where is this conventional restaurant located?
The property is located at 1411 NE 82nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 4,510 SF freestanding restaurant building; 1.02‑acre property with land and building included in the sale; Parking positioned on all four sides of the building
More about this property
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