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Restaurant Space with Bar
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2625 SE 21st Ave, Portland, OR 97202

Existing restaurant improvements include kitchen equipment and cold storage.

Space Size1,996 SF
Days on Market8

Property Features for 2625 SE 21st Ave

General Information

Standard status Active
Size 1,996 SF
Property subtype RETAIL

Restaurant

Commercial Hood Yes
Grease Trap Yes
Equipment Included Yes

Additional Details

Space Use Restaurant

Spaces For Lease

at 2625 SE 21st Ave
2625 SE 21st Ave AVAILABLE
Floor 1
Size 1,996 SF
Type RETAIL
Rate Contact for pricing
Sublease No
-Turn-key restaurant build out (10’ hood, grease trap, bar, walk in cooler) Prime corner space with historic charm -Desirable location in the heart of SE Portland’s Clinton and Division neighborhoods, neighbors include Fifty Licks Ice Cream, Pho Hathanh, Rhinestone, Yama Sushi, Strange-bird, and Clinton Street Theater
Contact us
Listing Agency: Norris & Stevens, Inc. - Corporate
Listed By: Luis Martin Del Campo
Source: Moodyscre
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 16 at 9:13AM

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 Norris & Stevens, Inc. - Corporate

Rey
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Investment Insights

Based on property information with market context.

A 1,996-square-foot restaurant space is configured with a 10-foot hood, grease trap, bar, and walk-in cooler. The existing restaurant build-out provides a range of installed food-service features.

The property is on SE 21st Ave in Portland’s Clinton and Division neighborhoods. Nearby businesses include Fifty Licks Ice Cream, Pho Hathanh, Rhinestone, Yama Sushi, Strange-bird, and Clinton Street Theater.

Key Highlights

  • 1,996 square feet of restaurant space
  • Includes a 10‑foot hood and grease trap
  • Bar and walk‑in cooler in place

Property Analytics

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Current Use

Hidden Kitchens Restaurant Tangy Vietnamese Kitchen Restaurant

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Store Pet Store & Service

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
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,059
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$23.5 /SF/Yr
Avg Asking Price
$12–$34 /SF/Yr
Price Range
4,090 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include kitchen equipment and cold storage.
Where is this conventional restaurant located?
The property is located at 2625 SE 21st Ave Portland, OR.
What are key features of this property?
This property features: 1,996 square feet of restaurant space; Includes a 10‑foot hood and grease trap; Bar and walk‑in cooler in place
(503) 416-8422 Call to check price and availability
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