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Freestanding Restaurant Building with Parking
For Sale
$2,500,000

1411 NE 82ND, Portland, OR 97220

Leased restaurant property on 1.02 acres with parking on four sides and a standalone building.

Property Size4,510 SF
Lot Size1.02 Acres
Price / SF$554.32
Days on Market75

Property Features for 1411 NE 82ND

General Information

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

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $33,897

Amenities

Central air
Metal Roof
Central Air Cooling
Forced Air Heating
On Site
Tar Gravel Roof

Building Details

Year Built 1961
Listing Agency: ERA FREEMAN & ASSOCIATES
Listed By: SAMANTHA CHAN · License #891200147
Source: Corcoran
Added: Jun 8 Changed: Aug 20 Last Checked: Aug 20 at 4:21AM

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 is a freestanding restaurant building totaling 4,510 square feet situated on 1.02 acres of land. The site includes large parking on four sides of the building, providing straightforward customer and staff access around the structure. The sale is for the building and land only, and the property is currently leased to the restaurant owner.

Located near an I-84 exit and close to the MAX station, the site benefits from an area that supports convenient regional access and transit proximity. For buyer or broker visits, interior inspection is subject to approval.

This offering may fit operators and investors looking to acquire a dedicated restaurant building with perimeter parking and an immediately income-producing tenant relationship. Because the property is currently occupied, please do not disturb the tenant. Requests for additional information regarding the current lease should be directed to the listing broker by text or email, and any interior review will be coordinated accordingly.

Key Highlights

  • Free‑standing restaurant building on 1.02 acres, built in 1961
  • 4510 SF building available; sale price is for building and land only
  • Huge parking on four sides of the building

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Barber Shop (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

297
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 on 1.02 acres with parking on four sides and a standalone building.
Where is this conventional restaurant located?
The property is located at 1411 NE 82ND 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: Free‑standing restaurant building on 1.02 acres, built in 1961; 4510 SF building available; sale price is for building and land only; Huge parking on four sides of the building
More about this property
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