Search
Freestanding Restaurant Building
For Sale
$2,500,000

1411 NE 82ND Ave, Portland, OR 97220

CommercialSale, Portland, OR

Property Size4,510 SF
Lot Size1.02 Acres
Price / SF$554.32
Days on Market79

Property Features for 1411 NE 82ND Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning CS
Directions NE 82nd Ave, South of I-84
Subdivision _142
Standard status Active
APN R194843
Size 4,510 SF
Lot size 1.02 Acres

Taxes and HOA fees

Tax Description KATHARINE, BLOCK 1&22 TL 700
Tax Annual Amount 33897
Legal Description KATHARINE, BLOCK 1&22 TL 700

Utilities

Heating system Forced Air
Cooling system Central Air
Water front features River Front
Water front 1

Building Details

Year built 1961
Building materials Brick, WoodSiding
Roof type Tar/Gravel, Metal
Listing Agency: ERA Freeman & Associates · ERA Real Estate
Listed By: Samantha Chan · License #891200147
Added: Jun 8 Changed: Jun 9 Last Checked: Aug 25 at 1:06PM
MLS# 549282809

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property includes a freestanding 4,510-square-foot building on 1.02 acres. The structure dates to 1961 and features brick and wood siding, forced-air heating, central air conditioning, and a roof combining tar/gravel and metal sections. Parking extends along all four sides of the building.

The property is near an I-84 exit and a MAX station, with riverfront features also identified. It is zoned CS and is currently leased to a restaurant operator. The offering includes the land and building, with interior inspection subject to the existing tenant arrangement.

Key Highlights

  • 4,510‑square‑foot freestanding restaurant building
  • 1.02‑acre property with parking on all four sides
  • Currently leased to a restaurant operator

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with parking around the building and an existing lease in place.
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‑square‑foot freestanding restaurant building; 1.02‑acre property with parking on all four sides; Currently leased to a restaurant operator
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message