Search
Remodeled Restaurant Retail Space
For Sale
Contact for pricing

304 SE 28th Ave, Portland, OR 97214

Fully occupied asset with annual rent increases and a triple-net expense structure.

Property SizeContact for details
Days on Market143

Property Features for 304 SE 28th Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Year Renovated 2006
Tenancy Multi
Listing Agency: Kidder Mathews Portland
Listed By: Lance Sasser · License #201209212
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:45AM

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 Kidder Mathews Portland

Investment Insights

Based on property information with market context.

This retail property is fully occupied and configured for restaurant use. Comprehensive interior and exterior improvements were completed in 2006, updating the building’s appearance and operational layout for restaurant tenancy.

The property is located at 304 SE 28th Ave in Portland’s Southeast Portland area, along a corridor identified for restaurant businesses. The surrounding five-mile population exceeds 470,000. Lease terms include annual rent increases and a triple-net expense structure, providing defined operating responsibilities for the ownership.

Key Highlights

  • 100% occupied retail asset
  • Restaurant‑oriented building with interior and exterior renovations completed in 2006
  • Annual rent bumps incorporated into the lease terms

Property Analytics

Current Use

Ken's Artisan Pizza Restaurant Cold Ones PDX (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Barber Shop Electrical Service Grocery & Convenience 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,639
Businesses Nearby

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Fully occupied asset with annual rent increases and a triple-net expense structure.
Where is this retail space located?
The property is located at 304 SE 28th Ave Portland, OR.
What are key features of this property?
This property features: 100% occupied retail asset; Restaurant‑oriented building with interior and exterior renovations completed in 2006; Annual rent bumps incorporated into the lease terms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message