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    Established Bar in High-Traffic Area Title is generated by Realmo AI

    3646 SE BELMONT, Portland, OR 97214

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    Claim this Listing
    For Sale
    $1,350,000

    Turn-key bar with building in a sought-after location.

    Type:Commercial
    Property size:
    6,667 SF
    Price / SF:
    $202/SF
    Added:
    Apr 3, 2026
    Days on Market:
    74
    Last Refresh:
    Apr 3 at 8:10 pm

    Property Features for 3646 SE BELMONT

    General Information

    Standard status
    Active
    Size
    6,667 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1905

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    Listing Contact
    BASSEL AYOUB

    Listing agent BASSEL AYOUB

    Listing office WORLD WIDE REALTY INC

    Listing date Apr 3, 2026

    Source Corcoran

    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 WORLD WIDE REALTY INC

    HighLights

    • Prime location in a high‑traffic, highly desirable area with excellent visibility and steady foot traffic.
    • Fully equipped, turn‑key operation ready for a smooth transition to new ownership.
    • Significant potential for growth through expanded events, marketing, and lottery.
    • Proximity to popular restaurants and shops that consistently drive patrons.
    • Opportunity for owner‑operator or investor.
    • Building included in the sale.

    Overview

    This well-established bar is located in a high-traffic, highly desirable area. The venue benefits from excellent visibility, steady foot traffic, and proximity to popular restaurants and shops. The 6667-square-foot space is fully equipped and ready for a smooth transition to new ownership. There is significant potential for growth through expanded events, marketing, and lottery. This is an exceptional opportunity to acquire a turn-key operation with the building in a sought-after location with built-in demand.

    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 $128.0k $19.20
    − Vacancy −$8.3k −$1.25
    EGI $119.7k $17.95
    − OpEx −$29.9k −$4.49
    NOI $89.8k $13.46
    6,667 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.28M
    $1.12M – $1.50M (±1% cap)
    NOI $89,764 @ 7.0% cap · market cap 6.65%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.87M
    $1.64M – $2.18M (±1% cap)
    NOI $131,058 @ 7.0% cap · market cap 9.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triple Nickel Pub Nightclub

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • 007 hookah lounge — 2524 SE Division St, Portland, OR 97202
    • THE END — 3532 SE Division St, Portland, OR 97202
    • The Richmond Bar — 3203 SE Division St, Portland, OR 97202
    • Imperial Bottle Shop & Taproom — 3090 SE Division St, Portland, OR 97202
    • Bula Kava House — 3115 SE Division St, Portland, OR 97202

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6260806
    Latitude
    45.5162266

    FAQs

    What type of property is this?
    Bar & Pub - Turn-key bar with building in a sought-after location.
    Where is this bar & pub located?
    The property is located at 3646 SE BELMONT Portland, OR.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Prime location in a high‑traffic, highly desirable area with excellent visibility and steady foot traffic.; Fully equipped, turn‑key operation ready for a smooth transition to new ownership.; Significant potential for growth through expanded events, marketing, and lottery.
    More about this property
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