For Sale
$1,750,000
2419 Southeast 11th Avenue, Portland, OR 97214
Bars & Pubs
Property Size5,000 SF
Days on Market107
Property Features for 2419 Southeast 11th Avenue
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Zoning
EX
Additional Details
Fenced Yard
Yes
Building Details
Building Size
5,000 SF
Year Built
1960
Year Renovated
2022
Listing Agency:
Capacity Commercial Group
Listed By:
Stephen Ossey · License #201233429
(503) 816-2047
Source:
Capacitycommercial
Added: Jun 25
Changed: Oct 6
Last Checked: Oct 7 at 11:04AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
Key Highlights
- Complete renovation completed in 2022
- Current ground‑floor tenant (Beermongers) in place through November 2027
- Fenced site with automatic gate for added security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,320
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,346,400
$1.3M
Cap Rate 7%
$961,714
$961.7K
Cap Rate 9%
$748,000
$748.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$96.0K $19.20/SF
− Vacancy
−$6.2K −$1.25/SF
EGI
$89.8K $17.95/SF
− OpEx
−$22.4K −$4.49/SF
NOI
$67.3K $13.46/SF
Area
Portland, OR
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,346,400
Cap Rate 7%
$961,714
Cap Rate 9%
$748,000
Alternative Uses
Best Use
Specialty Retail
$961.7K
$841.5K – $1.12M
NOI $67,320 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,289 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,992
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97214, OR
28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brooklyn Park Pub — 3400 SE Milwaukie Ave, Portland, OR 97202
- Stone Barn Brandyworks — 3315 SE 19th Ave B, Portland, OR 97202
- Predecessor Coach — OR-99E, Oregon City, OR 97045
- The Bear Paw Inn — Bear Paw Inn in Portland, OR, USA, 3237 SE Milwaukie Ave, Portland, OR 97202
- Aladdin Theater Bar (Open Pre-Show at 5pm) — 3023 SE Milwaukie Ave, Portland, OR 97202
Frequently Asked Questions
Where is this bar & pub located?
The property is located at 2419 Southeast 11th Avenue Portland, OR.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Complete renovation completed in 2022; Current ground‑floor tenant (Beermongers) in place through November 2027; Fenced site with automatic gate for added security
