Freestanding Restaurant Building with
17110 SE POWELL Portland, OR 97236
17110 SE POWELL, Portland, OR, 97236
$2,000,000
For Sale
$2,000,000
Commercial restaurant with equipment, parking, and established clientele.
Property Size5,640 SF
Lot Size0.62 Acres
Price / SF$354.61
Days on Market476
Property Features for 17110 SE POWELL
General Information
- Standard status
- Active
- Size
- 5,640 SF
- Lot size
- 0.62 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agency
MORE REALTY
(503) 353-6673
Listed by
SIMON WONG · License #199910117
Source
Corcoran
Added: Apr 2, 2025 Updated: Jul 6 at 10:01AM Checked: Jul 21 at 5:45AM
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 MORE REALTY
Investment Insights
Based on property information with market context.
This is a freestanding commercial restaurant building with full equipment and ample on-site parking. It is located in a local plaza on SE Powell Blvd, at the borderline of SE Portland and Gresham. The restaurant has approximately 165 seats in the dining and banquet rooms, plus 65 seats in the bar lounge. The bar area includes 6 poker machines and a designated covered smoking area. Established 37 years ago, the restaurant has a stable clientele. The property size is 5640 square feet. Additional incomes are generated from a Juke Box by a vendor and an ATM owned by the sellers, in addition to 6 lottery machines. The property is intended for use as a conventional restaurant or other restaurant business.
Key Highlights
- Freestanding commercial restaurant building with full equipment and ample on‑site parking.
- Established business of 37 years with stable clientele.
- High seating capacity: 165 in dining/banquet rooms + 65 in bar/lounge.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.3k | $19.20 |
| − Vacancy | −$7.0k | −$1.25 |
| EGI | $101.2k | $17.95 |
| − OpEx | −$25.3k | −$4.49 |
| NOI | $75.9k | $13.46 |
5,640 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.08M
$949.2K – $1.27M
NOI $75,937 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,870 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chu's Eatery
Restaurant
Access to Money
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Commercial restaurant with equipment, parking, and established clientele.
Where is this conventional restaurant located?
The property is located at 17110 SE POWELL Portland, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Freestanding commercial restaurant building with full equipment and ample on‑site parking.; Established business of 37 years with stable clientele.; High seating capacity: 165 in dining/banquet rooms + 65 in bar/lounge.
