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2nd-Generation Restaurant/Bar Space
For Lease
$25 SF/Yr

1981 West Burnside Street, Portland, OR 97209

2,850 SF storefront suite with existing bar/restaurant infrastructure and prominent glass frontage.

Space Size2,850 SF
Property Size34,408 SF
Days on Market73

Property Features for 1981 West Burnside Street

General Information

Standard status Active
Size 2,850 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 34,408 SF

Spaces For Lease

at 1981 West Burnside Street Contact us

1981 W Burnside St $25 – $29/SF/Yr

Size
2,850 SF
Type
Restaurant
Term
Negotiable
Contact us
Listed By: Ian M. Biggi · License #OR #201204753
Source: Capacitycommercial
Added: Jun 25 Changed: Sep 4 Last Checked: Sep 5 at 4:58AM

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 Ian M. Biggi

Investment Insights

Based on property information with market context.

This 2nd-generation restaurant/bar or retail space offers 2,850 SF with a prominent storefront and expansive glass windows for signage and natural light. The interior includes existing bar/restaurant infrastructure, with equipment and furniture available to a new tenant. Onsite improvements include a large walk-in cooler and a 20-tap system with a glycol cooling setup, which supports beverage service operations from day one.

The unit is positioned with a storefront presence on W Burnside and NW 20th Ave, supporting retail and food-and-beverage concepts that benefit from strong street visibility. With the option to demise, the space can be configured to fit a tenant’s operational needs.

For planning purposes, Year 1 includes a promotional rate of $25/SF per the provided remarks.

Key Highlights

  • 2,850 SF storefront suite with potential to demise for flexible retail or restaurant use
  • Prominent storefront on W Burnside and NW 20th Ave with expansive glass windows for natural light and signage
  • Existing bar/restaurant infrastructure already in place for a new tenant

Property Analytics

Current Use

HunnyMilk Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Daycare Center Tanning Salon Electrical Service Supermarket

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,855
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
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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Similar Off Market Nearby

  • Harveys comedy club portland, or 97201
  • Martini Bar 222 sw clay st, portland, or 97201
  • xport bar & lounge 1355 sw 2nd ave, portland, or 97201
  • The Xport Rooftop Lounge 1355 SW 2nd Ave, Portland, OR 97201
  • Starbucks 1030 SW Jefferson St, Portland, OR 97201

Frequently Asked Questions

What type of property is this?
Bar & Pub - 2,850 SF storefront suite with existing bar/restaurant infrastructure and prominent glass frontage.
Where is this bar & pub located?
The property is located at 1981 West Burnside Street Portland, OR.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,850 SF storefront suite with potential to demise for flexible retail or restaurant use; Prominent storefront on W Burnside and NW 20th Ave with expansive glass windows for natural light and signage; Existing bar/restaurant infrastructure already in place for a new tenant
More about this property
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